Does any one want to bet with me that in 5, 10, 20 years time we'll still have the same or greater level of CO2, we'll still have the Carbon Tax and we'll still have the argument with the Greenies saying "we were right, it's just that you didn't set the Price higher enough".
It's a forking bad dumb policy. It's like throwing a pack of cards into the air. We know they'll all come down but which ones are facing up and which ups are facing down they have no idea.
It never was going to work and now it is sooooo compromised it definitely won't achieve the stated environmental aim - reduction of CO2 emissions. The unstated aims of self interest will be handsomely rewarded with Julia and Bob et al retiring on fat govt pensions.
The next Big Argument will be measuring the results. There will be legions of public servants, there will be fudged numbers in every quarter and the system will be ripped off by every one that can. And again, it will those that cann't move or rearrange they circumstances, it will be those on fixed incomes and it will be those whose wages feed multiple users of energy (i.e. The Family Man) who will be screwed.