Western Australia has been the major benefactor of the resources boom of the past many years with the major mining and resource companies based in that state. This boom has resulted in better prospects for job seekers, increasing profits for corporations, increase in house prices and increase in emissions.
An energy taskforce has recommended a carbon price of $25 per tonne to the WA Government.
The report says that if a market-based carbon price of $25 a tonne, carbon dioxide equivalent was in place, complemented by other policy measures, we could meet an energy efficiency target of 50 per cent, 1990 levels by 2050.
WA believes the pricing of emissions is inevitable.
WA has also set a target of 20% renewable energy by 2010. In the end the best way forward for Australia is a single national emissions trading scheme than multiple targets, schemes and taxes.