Archives for posts with tag: carbon price

I thought this was a particularly interesting sentence in today’s mini-Budget, in light of the anti-carbon pricing campaign over the past couple of years:

The removal of the carbon tax is expected to lower headline and underlying inflation by less than 1/4 of a percentage point in 2014-15, relative to the 2013 PEFO, which had factored in the previous Government’s policy of moving to a carbon trading system. 

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This is quite possibly my wonkiest post ever. If your eyes glaze over at the mere mention of the tax system, you might want to look away now. 

In my view, the PM can rightly assert that the carbon price package will promote workforce participation in a modest but important way.

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