Which of the following is a criticism of the Australian Government (2011)Clean Energy Future Legislative Package which sets up the carbon pricing mechanism?
A) Carbon price reporting will burden businesses unnecessarily.
B) It will encourage an increase in offshore investments in countries that do not have a carbon price.
C) The carbon tax is not considered to be significant enough to encourage innovation.
D) All of these options are criticisms of this legislation.

Question

Quizplus · Accepted Answer

All of these options are criticisms of the Clean Energy Future Legislative Package, as many business owners have expressed concern over reporting requirements, the carbon pricing mechanism could potentially lead to companies seeking offshore investment in countries without a carbon tax, and critics argue that the tax is not high enough to drive significant innovation.

Which of the Following Is a Criticism of the Australian