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‘Why the hell did we ever drop it?’: Labor should push for new carbon tax, ex-Treasury head says
(www.theguardian.com)
this post was submitted on 16 Jul 2025
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You dropped it because you were in minority government and Abbott was raking you over the coals talking about a "big new tax". If I remember, what's his excuse?
The truth is they didn't drop it, because a carbon tax was never a Labor policy. Both Rudd and Gillard presented emissions trading schemes to Parliament. The difference was in the details of those ETSes, with Rudd's being estimated by his own treasury modelling to not result in any decrease in emissions until 2035. That's why the Greens pushed back and later worked with Gillard to pass a much better ETS that actually showed a decrease from day one.