Tony Abbot's climate change policy inconsistent

Opposition leader Tony Abbot has announced recently that if the Liberal party is elected at the end of this year, the party plan to keep some of the tax cuts and pensions in compensation for the carbon tax,introduced last July by the Labor government, despite having previously stated his party would scrap the tax.

This new carbon tax was introduced by Prime Minister Julia Gillard’s Labor government on the 1^st July 2012. The initiative was to tax high polluting companies, with the aim of introducing behavioural change towards cleaner energy. Every tonne of CO2 emissions requires companies to buy permits. The money raised by the tax would be invested in clean energy projects and compensation for the public, who would be feeling the cost of increased energy and other living costs associated with the carbon tax.      

When the Labor government first introduced the carbon tax, Tony Abbot went on the attack accusing the government of not caring for hard working Australian’s who would suffer because of the new tax. He further argued that business large and small would experience economic hardship that would trickle down to ordinary citizens.

While Abbot is correct that living costs would increase because of the carbon tax, the impact on the public has not been as dire as predicted by the Liberal party. Last July when the tax was implemented, many declared that the scheme would not reduce pollution, however studies revealed that after only six months of the tax, emissions have dropped by 8.6 percent. If we can already see this amount of improvement in a short time, years to come, the slight impact on families and the economy would be outweighed by cleaner air in the future.

If Abbot is true to his word, that his party would keep some of the tax cuts and pension increases in compensation for the carbon tax, why not just keep the carbon tax in place? The money spent on the  compensation is funded by the money from the permits purchased by the high polluting companies; if  Abbot removes the tax, yet continue to keep some of the tax breaks and pension increases, how is he going to pay for all these incentives for the public vote? Likely chance if Abbot wins the next election, even in a landslide victory, he would not be able to scrap the tax as the Greens would still hold the balance power in the Senate. If I was Abbot, I would just leave the tax in place and make the future for our children a brighter one.