Consumption Tax instead of ETS, WWF says
By Jet Hermida on May 24, 2009 in Agriculture and Globalization, Food Security
MATT CAWOOD | http://sl.farmonline.com.au/
22/05/2009 10:49:00 AM
TRYING to shoehorn agriculture into an emissions trading scheme promises to be complicated and rife with “perverse outcomes”. How about a consumption tax instead?
Paul Toni of the World Wide Fund for Nature (WWF) flagged the idea of an additional tax delivered along the same lines as the GST during his presentation at the recent Australian Farm Institute conference on emissions trading.
In an earlier submission to the Australian Future Tax System Review, chaired by Dr Ken Henry, Mr Toni outlined an “environmentally-weighted GST”.
It attempts to discourage wasteful consumption, while at the same time returning funds to environmental and sustainable agriculture programs.
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