Professor Ross Garnaut and Rod Sims have launched a new think tank, the Superpower Institute. It will pursue Garnaut’s vision of how we can turn the threat of climate change into an opportunity to revitalise the Australian economy so it can become the "renewable energy superpower of the zero-carbon world economy".

Their “carbon solution levy” takes account of the Europeans’ “carbon border adjustment mechanism” which, from 2026, will impose a tax on all fossil fuels imported from Australia that haven’t already been taxed.

Get it? If we don’t tax our fossil fuel exports, the Europeans or some other government will do it for us – and keep the proceeds.

Ross Gittins- 

https://www.smh.com.au/business/the-economy/we-can-t-escape-a-carbon-tax-which-is-good-news-not-bad-20240215-p5f5dl.html