Let’s tax carbon: Ross Garnaut on why the time is right for a second shot at carbon pricing

By Ross Garnaut, Professorial Research Fellow in Economics, The University of Melbourne

Australia now has a government and parliament wanting timely transition to net zero. We have a government and parliament wanting to build Australia as the renewable energy superpower of the zero-carbon world economy. For the time being, we have favourable international settings for using our opportunity.

The government of Australia has embraced this superpower narrative, taken some big steps towards supporting its emergence, and articulated sound principles for guiding further policy development.

But Australians in business and the community wanting to make large efforts…

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