OZschwitz: Billions blown on useless, statist, carbon schemes

SUCCESSIVE federal governments have spent more than $5.5 billion over the past decade on climate change programs that are delivering only small reductions in greenhouse gas emissions at unusually high costs for taxpayers and the economy.

An analysis by the Herald of government schemes designed to cut emissions by direct spending or regulatory intervention reveals they have cost an average of $168 for each tonne of carbon dioxide abated.

While some have reduced emissions cost-effectively, many of the biggest-spending schemes cost far more to reduce carbon than any mooted emissions trading scheme or carbon tax.

The worst offenders have included Labor's rebates for rooftop solar panels, which cost $300 or more for every tonne of carbon abated, and the Howard government's remote renewable power generation scheme, which paid up to $340 for each tonne.

ANCAPS: ANARCHO-CAPITALISTS

OZschwitz: Billions blown on useless, statist, carbon schemes

OZschwitz: Billions blown on useless, statist, carbon schemes

Anarcho-Capitalist Categorical Imperatives

AnCaps In Science, Technology & Environment