The carbon price is set to make its mark, according to a new ANU study. Photo by ArbyReed
The future of the Carbon Tax may be uncertain, but a carbon price is here to stay, according to research from The Australian National University. The research, by Frank Jotzo of the Crawford School of Public Policy in the ANU College of Asia and the Pacific, surveyed the views of Australian large emitters, carbon financiers and carbon market experts. The study has been released today with a commentary in Nature. Jotzo found that 79 per cent think that there will be a carbon price in 2020, but 38 per cent think the current scheme will be repealed by the end of 2015. Of those who expect the scheme to be repealed, half think that a carbon price will be reinstated in Australia by 2020. "The research shows a pervasive uncertainty about the future of Australia's carbon pricing mechanism. But most respondents think that the carbon price is here to stay.
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