There is an important article in The Australian today (page 2) about one of the many unintended consequences of the carbon tax. In this case, the impact is on land fills.
Under the current rules, onlly those landfills that generate more than 25,000 tonnes of CO2e are liable to pay the carbon tax. This has conferred a major competitive advantage on smaller landfills. The carbon tax is estimated to be contributing around $10 per tone for the larger landfills.
But here is the rub. The larger landfills are much more efficient and process a much higher proportion of the methane – a much more lethal gas than CO2 – than the smaller landfills. But the larger landfills are losing work rapidly and the smaller ones are picking it up. There had been some industry consolidation afoot prior to the carbon tax but all this has been put on hold, indefinitely.
Good one, Combet. Good one, Dreyfus.