Australian taxpayers have a different POV – get right away from the situation, stop trying to waste our money and FORGET ABOUT CARBON TAXES, YA DRONGO!*
* Australian vernacular roughly equating to “bloody idiot”
The Australian government should offer temporary loan guarantees to help coal-fired power stations cope with having to pay for their carbon emissions, Australia’s key climate adviser, Ross Garnaut, said on Tuesday.
The government plans to impose a fixed carbon price from July 2012 ahead of a full emissions trading scheme three to five years later, to encourage business to curb carbon emissions which are blamed for global warming.
With around 80 percent of Australian electricity generated by coal-fired power stations, Garnaut said a temporary energy-security loan guarantee would lower the risks for companies which needed to borrow to fund new investment. (Reuters)
ELECTRICITY prices are set to soar in the next few years with or without a carbon tax.
Family power bills will rise by up to $5 a week, or $260 a year, when the carbon tax is introduced, the Government’s climate change adviser Ross Garnaut warned last night.
But he said bills would surge higher unless the Government imposed tougher regulation on the electricity sector.
Professor Garnaut said tax and welfare changes could soften the impact of the $4 to $5-a-week increase, based on a $25-a-tonne carbon price.
But he said the cost of the carbon tax would be insignificant compared with the price hikes from new infrastructure costs and higher coal and gas prices. (The Courier-Mail)
Well of course they’re rising, ya dopey dingo!* The government’s forcing real power companies to pay absurd amounts to subsidize Chinese photovoltaic manufacturers and install them on deceived consumers’ roofs and at the same time trying to rip off shareholders of mining companies by double taxation on resource extraction and consumers are footing the bills for increased prices. And we’re supposed to be grateful that carbon taxes are “insignificant by comparison”? Thanks but no thanks.
* Australian vernacular expressing derision and disgust