April 24, 1994 – A Carbon Tax is floated…

It is forgotten history, but in 1994/5 a carbon tax – a small one, mostly for R and D rather than outright emissions reductions – was on the cards.  There’d been some to-ing and fro-ing in previous years, but on 24 of April 1994, shit got real.

“Senator Faulkner said yesterday the plan was a long-term aim but made it clear he was serious about the move.
“All I can say is that I’ve suggested already to some of my ministerial and Cabinet colleagues that I am interested in pursuing the issue of economic instruments,” he told the Nine Network’s Sunday program.”
Peake, R. 1994. Faulkner floats energy tax. Canberra Times, 25 April, p.3.

 

Also on this day

2007Snow joke!
Australia’s biggest renewable electricity source, the Snowy Hydro power scheme, may have to shut down major generating turbines due to the nation’s crippling 10-year drought.
In a desperate attempt to keep running, the Snowy Hydro operator said on Tuesday it had turned to cloud seeding to boost water inflows.
“It is unrealistic for anyone to think that the Snowy scheme could somehow have been immune from the effects of the current severe drought,” Snowy Hydro Ltd Managing Director Terry Charlton said in a statement.
Prime Minister John Howard last week asked Australians to pray for rain in the food bowl Murray-Darling River basin, an area the size of France and Spain that accounts for 41 percent of the nation’s agriculture.
Howard warned that without heavy winter rains in coming months, irrigation in the food bowl would be turned off as the worst drought for 100 years grips Australia.
In a move that local authorities feared could reduce supply of power to the capital Canberra, and major cities Sydney and Melbourne, some of Snowy Hydro’s operations could be stopped by May-July without heavy winter rains, the Snowy Hydro said.

Lewis, P. and Woods, J. 2012. Australians seeing through the feel-good mining ads. The Drum, 24 April.

The mining industry has been dusting off its chequebook again in the lead-up to the federal budget, with feel-good glossy ads in the weekend papers reminding us how much miners love Australia – or at least the bits of it they can dig up and export.

2014 Emissions Reduction Fund White Paper released: The ERF White Paper sets out the final design of the ERF, with a reduced emissions target of 421 million tonnes of CO2-e over the period to 2020, compared to 431 in the Green Paper.

 

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