The topsy turvy approach to climate change

The Direct Action climate change strategy unusually uses payments as an incentive not to pollute. What if that theory were applied to other problems?

The crux of Tony Abbott’s Direct Action policy on climate change is having the government pay the worst polluters a fee as an inducement for them to reduce or stop their carbon emissions.

It is an odd policy, to be sure, and without any precedent – which means it is risky in terms of cost and effectiveness.

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