This was the tax the our Prime Minister Julia Gillard promised we wouldn't have. Now she wants us to "trust" her.
David Murray was smart enough to run a leading bank and the Commonwealth Government's Future Fund. He described the carbon dioxide Tax "as the worst economic reform he has ever seen." Wayne Swan is in denial. He doesn't offer a counter argument but just denounces David Murray as a heretic.
Meanwhile, Greg Combet is in Europe "working towards linking the Australian and European emissions trading schemes." TCS blog is not sure whether he wants to drag our $23 tax down to Europe's $9 or vice versa.