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    Carbon Regulation: Time for America to Learn from Australia’s Mistake

    Australia’s new Prime Minister Tony Abbott, who won a landslide victory earlier this month, vowed to promptly scrap the nation’s tax on carbon emissions. He began to follow through at his first cabinet meeting. Also in line to be repealed are several commissions organized by the previous government to provide … More

    Abbott Tries to Mop Up Australia’s Immigration Problem

    Illegal immigration is a major issue in almost every developed nation, and Australia is increasingly becoming a flashpoint in the global debate. After six disastrous years of mismanagement under left-wing governments, conservative Prime Minister-elect Tony Abbott is trying to stop the illegal smuggling of asylum seekers from Indonesia. According to … More

    New Australian Leader Gives Hope to Conservatives Everywhere

    The Australian Liberal Party—“liberal” in the good way, like Adam Smith—and its coalition partner, the National Party, won in a landslide election over the weekend. Australian voters have made Liberal Party leader Tony Abbott the next prime minister of Australia with a projected majority of 89 out of 150 seats … More

    Are These Senators Regretting Their Export-Import Bank Votes?

    For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal for Roy Hill, an Australian mining company. The deal, backed by the Export-Import Bank, the U.S. government’s export credit … More

    Australia’s Carbon Policy: Just Do Something

    At this time last year, the Australian government began collecting the world’s most expensive carbon tax. A year later, it seems unanimous among Australia’s two biggest parties that the tax has got to go. Prime Minister Kevin Rudd yesterday recommended replacing the tax with cap and trade. The change would … More

    Climate Change: Lessons Learned from Around the World

    If it ain’t broke, the government will break it for you. That seems to be the lesson to draw from other nations that have implemented climate change energy plans similar to the ones Obama recently proposed in his Climate Action Plan. Australia. Momentum for Australia’s carbon tax is waning as … More

    Carbon Tax: Still a Bad Idea

    An anti-carbon tax amendment will likely be considered as the Senate attempts to pass its first budget in four years. While it has been made quite clear that passing a carbon tax would fail in both chambers of Congress, it is important to stress why enacting a carbon tax would … More

    Carbon Tax: Australia’s Experience Is a Chance for the U.S. to Get It Right

    “This is the most effective and efficient way to drive innovation to find better, less-polluting ways of producing power, goods and services,” Australian Treasurer Wayne Swan said at the passage of Australia’s carbon tax in July 2012. One wonders if he would say the same today—or, perhaps more importantly, if … More

    India Helps U.S. Join Asian Maritime Grouping

    Last week, India assisted the U.S. in securing dialogue-partner status in the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), a 20-member grouping of littoral nations of the Indian Ocean. India and the U.S.—as well as other Indo-Pacific nations such as Australia, Japan, Singapore, and Malaysia—share an interest in maintaining … More

    Chart of the Week: How Countries Compare on Economic Freedom

    Heritage and the Wall Street Journal released the 2012 Index of Economic Freedom on Thursday, ranking 179 countries on 10 benchmarks that gauge their economic success. This year Heritage introduced a new interactive feature that gives you the opportunity to create a comparative graph. This week’s chart shows how the … More