Even Ross Garnaut thinks the ETS is worse than nothing
"If there were no changes at all it would be a line-ball call whether it is better to push ahead or say we still want the [emissions trading scheme] at the centre of our mitigation effort but we'll have another crack at it and do a better one when the time is right," he said.
Wow, that's high praise indeed. The criticism of the ETS has been universal, yet Penny Wong, in her ivory tower, brushes it all aside, saying that starting again is not an option:
"People have their own opinions. The Government's made decisions in the national interest," she said.
"Going back to the drawing board on emissions trading would significantly increase business uncertainty."
Read it here and here.