Why I support putting a price on carbon

Four years ago, both major political parties in Australia presented themselves to the electorate indicating that they would institute a carbon pricing scheme. Since that time there has been much more heat than light in relation to the issue. There are good reasons and benefits to introducing such a policy which is lost in the argy-bargy of political debate at the moment. These are the reasons I support a price on carbon.

Because it is the smart thing to do
Politicians wax eloquent about the years of coal supplies which are buried beneath the surface of Australian soil, but few lament the untapped sources of clean energy which are wasted every day. Solar, wind, thermal and tidal sources of power are much more plentiful and offer a sustainable way of powering our lifestyles than the use of brown-coal-fired electricity generation. Whether you believe the climate scientists or not, it is much smarter to develop renewable and sustainable forms of power generation, and to encourage a shift in our economy towards more sustainable forms of living.

Because it is the just thing to do
That Australian action to reduce carbon emissions will only result in a miniscule reduction in overall carbon emissions in the world is an oft-cited mantra for doing nothing, while China’s rapid increase in carbon emissions is regarded as an indication of greater blame. It is forgotten that Australia remains per capita the worst emitter of carbon pollution in the world, and tenth on the list of overall polluters. While our own efforts at reduction have minimal impact on overall production, it is patently unfair to shift the responsibility to other nations whose equivalent rate of emission is much lower than ours. The flip side of defending our overall production levels is a tacit approval for other nations to raise their per capita emissions to levels equivalent to Australia. Such an approach is diabolical. We cannot expect the burden of this to fall on those who are not responsible for its production, and who are often less capable of meeting the subsequent costs.

Because we all pay anyway
There is already a cost attached to the levels of carbon emissions in our world whether it be in the decline in the air quality across our cities and into the country, in the impact on the fertility of our soil and its capacity to grow crops, or in the more catastrophic impacts of extreme weather events which appear with increasing regularity. It is barely a generation past when it was considered appropriate for companies to discharge their water by-products into rivers and waterways – a practice we rightly abhor in this day, but which seemed natural at the time. To continue to release carbon into the atmosphere changes the chemical structure of the environment, for which we are already paying the cost. To charge it at the source rather than the fruit seems more equitable. An ounce of prevention…

Because we need a catalyst for change
Many corporations (and consumers) only begin to change their behaviour when the impact is felt in the hip pocket or on the bottom line. The cost of carbon pollution is presently being paid by a more vulnerable and less responsible group of people than those whose actions directly affect it. Making such decision-makers account for the impact of their actions, or at least their contribution to the impact, is a sure way to begin the behavioural change which is necessary. At the moment the system works like a lottery, where those who pay just happen to be in the path of a major weather event. A price on carbon brings this cost back home to its genesis, and provides not only a catalyst for change, but an incentive for innovation.

People either don't seem to understand that the point of the system is to encourage behavioural change, or don’t want to acknowledge that a change is needed. The opportunity is before us now to take action which, even if it makes a miniscule contribution to overall carbon emissions in the world, can make a significant difference to the way in which our lives in Australia interact with the land on which we so much depend. It’s time to swallow some medicine which will only serve to make us all the better for it.