20 October 2011In Inside Story, Fergus Green explains how an Abbott government may be able to repeal the carbon tax without paying compensation.
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“TELL ’em to get stuffed.” That’s what Darryl Kerrigan – the central character in 1997 comedy hit The Castle – had to say when the federal government sought to compulsorily acquire his beloved home to make way for an expansion of Melbourne Airport. Now that Tony Abbott is pledging to repeal the carbon price legislation without compensating the holders of carbon units if he forms government at the next election, the Labor government, the Greens and even big business are channelling Darryl in response. As a matter of policy, the Abbott pledge is staggeringly reckless, but the law may well be on his side…