Julia Gillard's carbon tax is hurting families and must be scrapped, writes Piers Akerman | thetelegraph.com.au

NO matter what Julia Gillard or Greg Combet claim, their carbon tax is a failure and their arguments supporting it are complete nonsense.

Europe’s cap-and-trade program is in trouble. Can it be fixed?

Europe is likely stuck with trying to reform its cap-and-trade program. According to Point Carbon, further big changes aren’t likely to happen until 2016 at the earliest.

In any case, Europe’s experience will certainly provide a lesson to other countries. Australia is currently preparing its own cap-and-trade system (assuming that the Liberals don’t come to power and scrap it), and a cap in California just went into effect. So there are a lot of lessons here in how to design — or how not to design — a climate policy...