Carbon price gone, but never dead

'Axe the carbon tax' was a good slogan but it won’t outlast sound principles of economics, nor the physics of the atmosphere. You can't kill a good idea - and an emissions trading scheme will become law again.

Barring a complete balls-up Australia’s emissions cap and trade scheme, which required firms to pay a fee to pollute, will soon be gone.

But it is not dead and buried for while you can repeal legislation, you cannot kill an idea.

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