Exactly.
When the ETS comes in, businesses that are deemed to be polluters will be able to buy "phoney" carbon credits. The government has set a floor price of $15/tonne for this, so all a "big polluter" has to do is buy these credits and keep doing what they are doing.
The Carbon Tax and ETS will do so little that the computer modelling suggests temperature changes so small that there is no technology to actually measure such a small temperature change.
The sole purpose of a Carbon Tax and ETS is to let some people make money...at the expense of others.
On The Bolt Report over the weekend, there was a clip from Tim Flannery (former Australian of the Year). When asked how long it would be before we would see any change in temperatures if the whole world took such steps, his response was 100 years or 1000 years.
When Professor Ross Garnaut (professor of economics) was asked how much effect the adoption of a Carbon Tax and ETS would have on global temperatures, his response was little if any.
As I said, all this will do is make some people a lot of money at the expense of a whole lot of others.
The really sad thing is that already you see how some people can be bought off with the promise (is it really a promise) of a few dollars. Reminds me of a company I worked for on contract where they had a lunch where they ordered pizzas for everyone...except me as I was a contractor. So I went to the lunch room, heated up my lunch and was having it when all the leftovers were brought into the lunch room and I was told I could have anything in the boxes. Now there would have been some who would have been really happy at being offered that, only I almost told the person where to stick it. The only thing that stopped me was I needed the work.
Let's hope that people remember this come election time. My fear is that they have short memories.