Here's a good news story: the carbon tax is working.
As Lenore Taylor writes, "the carbon tax has helped drive a sharp fall in the carbon emissions of Australia's power generation as coal-fired stations are closed, mothballed or sell less into the electricity market."
Emissions are down 6.3 percent, compared to the same 3-month period last year.
"This," said Adam Bandt, referring to the policy effect, "is why I entered parliament." Kudos where it's due.
The bad news story, not reported today, is that Australia is exporting greater and greater quantities of coal, and the resulting emissions dwarf any local reductions – but it is hoped this issue will be raised another day.
Nick Feik Politicoz Editor
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