Australia lags US on emissions reductions

What's not well appreciated is that Australia not only lags behind Europe, but also the United States in containing emissions. The narrow obsession with comparing Australia's $23 carbon price against other countries' policies labelled as a 'carbon price' is missing the main game.

From reading and listening to much of the press, including the ABC, you’d think Australia was somehow on a lone kamikaze mission to reduce emissions, because it was introducing a nationwide carbon tax or price of $23 (although one that notably excludes passenger vehicle fuel and also agricultural emissions).

The usual catch-cry says our carbon price is apparently twice that of Europe’s and the US doesn’t have a carbon price at all.

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