The news is that Australia's carbon price will be announced this Sunday. Obviously the polluters want it to be quite low (eg $10/tonne) while one report says the price needs to be $40/tonne to stimulate a move away from coal.
Recent government financial modelling has been done across the range of $20-$30/tonne, and the government's financial adviser (Ross Garnaut) has suggested a starting price of $26/tonne.
So what do you think it will be? Have your guess as a comment, and we'll see who gets the closest.
I'm going to say $22, which i think is lower than it should be - because i'm concerned that lobbyists from the polluters might cause the government to weaken.
3 comments:
Hmm. I'm going to say $23.50. It's the first number that popped into my head. :)
Ha! Without even looking at the blog page I had already decided on $23. But now I see that it'd be splitting hairs for the winner, I am going for $26.
I had already thought $22 but seems you beat me to that guess David! So I'll go with $21 :)
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