The money market is a contrived market. Speculative and hedging markets are nothing but rorts. The solution is to only allow trading in the market if you have a geniune need for the commodity. Good luck with that. The commodification of carbon is a reasonable solution. I beleive Mals analogy is a little missed place, it's more along the lines of a tax on something like smoking. Increasing the price does reduce consumption, but not necessarily across the board. @Dovif, Europe manufacturing moving offshore is not just due to carbon pricing there are a wealth of other reasons far more significant. I also think people are forgetting that the Libs have a policy of direct action that either will result in a cut to the budget in other areas or an increase in other taxes rather than the creation of a new tax. Either way action on climate change is going to cost us, and arguably no action on climate change is going to cost us, just in the future. Willie Mac says: 01:06pm | 14/09/11 Amazing, a conservative who is disgusted by free market mechanisms. Still, this is not inconsistent with Abbott's newfound support for protectionism, so maybe it's a general trend among Australian conservatives. dovif says: 01:33pm | 14/09/11 Willie Mac Do you know what the definition of a free market is? ie no helping hand, no tax etc. A free market is where people will choose to buy from a more expensive Wind power generator, then from