Commentary
In a recent proposal, the New South Wales government will enable drivers to buy $80 (US$55) worth of carbon credits when they pay for their car registration to offset their emissions.
It is not a surprising initiative from the treasurer and energy minister, Matt Kean. He is one of many Australian leaders to spruik “values-based capitalism” in the last few years.
It is a stance though that threatens the important balance between private and public sectors and is all the more galling when it is being promoted by key figures in right-leaning parties.
However, this particular policy is harmless enough while it remains voluntary. If individuals want to spend money to offset their emissions based on the usage of the “average car,” then good for them….