hello.com.au

“Garnaut has a horror for all: for the Federal Government it’s the idea of fixed price permits for two years, so Kevin Rudd and his ministers can’t shift the blame to the “markets” — they would have to tax companies directly; for the states and power generators it’s the proposal to make ALL polluters buy permits — none get handed out for free; for motorists it’s the inclusion of petrol; for exporters it’s that only 30% of the money is earmarked for them; and for the rest of us it’s the fact that it’s really all about China, and it’s too late anyway — the Murray Darling Basin and the Great Barrier Reef are buggered already.”
- Alan Kohler in Crikey talking about Professor Ross Garnaut’s draft report into an emissions trading scheme.