The modus vivendi of this blog is plainly self explanatory. Pathetically,'progressives' regularly promote implausable, impractical or plainly asinine ideas. Who but socialists could for decades abuse the term 'economic rationalism' - without humiliation? THIS GOES TO THE VERY HEART OF ECONOMIC POLICY AND RATIONAL GOVERNMENT: TO WIT TO NOT CRITICIZE THE CONSERVATIVES AS BEING 'RATIONAL'!
My other main blog:
2012 Julia Gillard triumphantly announced in Parliament that she would tie her
Carbon Tax to the European ETS.
It was another bad judgment by Julia
Overnight, there were wild price fluctuations in the European
carbon price with Europe’s price falling 30 per cent by the end of trading. The
Economist has even now called the carbon permits traded as “below the level
of junk bonds”.
Two simple messages come out of this:
The Australian Carbon Tax is now 5.5 times higher than the European tax –
and under Labor, the Carbon Tax is due to increase again on 1 July this year and
1 July next year!
The Government’s Carbon Tax is in chaos. Labor's Budget forecasts the Carbon
Tax to soar to $37 per tonne by 2020. So either the Government’s modelling is
correct and we will be even more out of line with the rest of the world, or if
it is not, the ALP’s Carbon Tax will create a multi-billion dollar black hole
and Labor's Budget deficit will only get worse.
In addition, the
head of EU carbon analysis for PointCarbon, said “The EU ETS will not bring
about any additional greenhouse gas reductions, so it will be irrelevant in
terms of reducing total emissions in Europe.”
The Carbon Tax is a
bad tax based on a lie and an impost on every Australian household and
The Coalition’s commitment is clear: We will abolish the Carbon
Tax. Abolishing the Carbon Tax will be the first order of business for the next
The Coalition's Direct Action Plan will reduce
carbon emissions for a more sustainable future without a Carbon
Shadow Minister for Climate Action,
Environment and Heritage
Click here to read Our Plan to Abolish the Carbon
Click here to read our Real Solutions Plan to deliver a
cleaner and more sustainable environment.