Emissions Trading Scheme: Useless from whatever angle you look at it.

It doesn't matter if you're black, white, green, red or blue, the latest emission trading scheme will be bad for you. Unless you favour the idea of paying more tax. (There are arguments for that when the government has just spent a lot of money, but they don't relate to the environment so much as to paying off an economic deficit.)

Paul Sheehan quoting Terry McCrann:

The Prime Minister and the Opposition Leader this week joined hands to declare economic war on their own country. That, plain and simple, is what Kevin Rudd and now also Malcolm Turnbull's emissions trading scheme is … [What will it] do about climate change? Nothing. Zip. Nada. Absolute zero. But it will do an awful lot to our economy … For a PM to propose such a policy is economic treason. For an opposition leader not to lead the opposition to it is beyond stupid and a dereliction of his most basic duty …

From here.