| Australian Politics Forum | |
|
http://www.ozpolitic.com/forum/YaBB.pl
General Discussion >> Federal Politics >> Carbon Emitters Face Up To $7.3 Billion Bill. http://www.ozpolitic.com/forum/YaBB.pl?num=1330461647 Message started by imcrookonit on Feb 29th, 2012 at 6:40am |
|
|
Title: Carbon Emitters Face Up To $7.3 Billion Bill. Post by imcrookonit on Feb 29th, 2012 at 6:40am
Carbon emitters face up to $7.3b bill
Paul Osborne February 28, 2012 AAP Australia's top 50 carbon-polluting companies could have an initial carbon tax liability of up to $7.3 billion, new figures show. The latest National Greenhouse and Energy Report, produced by the Department of Climate Change and Energy Efficiency, details the emissions of the nation's 430 biggest carbon dioxide emitters. The companies will have to pay the full price of the $23 a tonne carbon tax which comes into effect on July 1, minus any assistance provided by the government. Their final liabilities will also depend on other factors such as corporate structure. The carbon tax bill for the top 50 of these companies would be up to $7.3 billion, based on the figures in the latest report. The top 10 companies in the list alone will be liable for $3.9 billion, minus assistance and other changes to their reported emissions. Among the biggest emitters on the register for 2010/11 are Macquarie Generation, Delta Electricity, Great Energy Alliance Corporation, International Power and TRUEnergy Holdings. However the government has offered a range of assistance programs to the heaviest-hit industries, including cement works, petroleum refiners and steel and aluminium makers. Climate Change Minister Greg Combet told parliament on Tuesday that for many of these businesses the effective carbon price, after free emissions permits were provided, would be reduced from $23 a tonne to $1.30 a tonne. Mr Combet was announcing the start of regulations to establish the Jobs and Competitiveness Program under the government's clean energy laws. The program would provide significant assistance to help emissions-intensive, trade-exposed industries manage the impact of the carbon price, while maintaining incentives for them to reduce their carbon pollution. "Supporting energy efficiency and productivity in our emissions-intensive manufacturing industries is important to remaining globally competitive into the future," Mr Combet said. The final list of companies to pay the full carbon price, and their liabilities, will be produced after the Clean Energy Regulator takes over the management of the emissions register and carbon pricing mechanism on April 2. The department's greenhouse and energy data officer Ross Carter said it was not possible to calculate the exact carbon tax liabilities from the current data, as companies needed to use their own data. But Mr Carter said it was important the companies understood their emission reporting and carbon pricing obligations. © 2012 AAP |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by adelcrow on Feb 29th, 2012 at 6:45am
Thats far less money than the pokie barons make in pure profit in only one year.
They are always crying poor so it cant be a lot money. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 6:51am The polluters will not pay one cent in the carbon tax, that bill will be paid by the consumer. The title should read Australian consumers will pay $7.3 Billion for a carbon tax they did not want. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Greens_Win on Feb 29th, 2012 at 6:53am
How do Australian pay for carbon exported overseas?
|
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 7:23am ____ wrote on Feb 29th, 2012 at 6:53am:
Is that a green's policy, that Australian should foot the carbon bill for other countries? We produce less than 2% of the world's total carbon output, but that is not enough for the greens, now you geniuses want us to pay for the carbon outputs of china, india and japan as well. No wonder you people are rightly considered as economic morons. We only pay for our carbon output, if those other countries want to stuff up their economy they will impose a useless tax on their consumers, it's not up to us to pay their bill. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Greens_Win on Feb 29th, 2012 at 7:32am BigOl64 wrote on Feb 29th, 2012 at 7:23am:
Still didn't answer my question. you said Quote:
How do Australians pay a carbon tax on carbon exported. If they don't, most of the amount will not be passed on to Australians. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 7:48am ____ wrote on Feb 29th, 2012 at 7:32am:
How in the hell do you work that out, the top polluters are energy companies their consumers are Australians as we do NOT export electricitiy you moron. The carbon tax is placed on Australian companies and paid for by Australian consumers. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Greens_Win on Feb 29th, 2012 at 8:06am BigOl64 wrote on Feb 29th, 2012 at 7:48am:
BHP, Rio Tinto, Anglo American How many here buy their exported ore and so will have to pay their carbon pollution cost? Energy that goes into manufacturing exports ... which Australians pay for exports? Qantas, do only Australians fly on this soon to be foreign airline. Mars, McCain and Harvey Norman ... can these firms afford to lift their prices and so lose market share. Or will they change their carbon pollution behaviour and cut the amount of carbon tax they pay? Waste Disposal Sector, how may here buy retail off this sector ? Council dumping, may go up a few cents ... yet if the coalition and their supporters are worried about this, why are they silent about the cost of sewage on all households directly and directly. When will Liberal call for free dumping of shite for everyone beyond all the shite they, and their supporters tell about the carbon pricing scheme. . |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 8:21am ____ wrote on Feb 29th, 2012 at 8:06am:
You are truly one of the world's stupid people. Mining companies don't pay the carbon tax on exports, their major production of carbon is fuel which is exempt from the tax, so why would you even mention them is beyond me. The major producers of carbon emissions are energy producers, not harvey norman or the people who make mcain super fries. You need to have your conversations with children as only they are tolerant enough for your level of stupidity. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by cods on Feb 29th, 2012 at 8:22am BigOl64 wrote on Feb 29th, 2012 at 6:51am:
exactly and if one more idiot tells me my bill will only increase by 1 cent a week.. I will personally go down there and jump on him..with an icepick in my hand. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by adelcrow on Feb 29th, 2012 at 8:45am
Its quite simple, businesses can find alternatives to carbon intensive goods and services and avoid paying the tax.
Its no different from householders being less wastefull and finding alternatives. The modern Australian way is to squeal like a stuck pig instead of doing the hard work to make your business modern and viable into the future. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 9:13am adelcrow wrote on Feb 29th, 2012 at 8:45am:
Actually crow it is much more simple than that; why totally re-engineer your whole industry to avoid a tax, you just pass it onto the consumer and have them pay it. Anyone who believes the energy providers will do any different is as stupid as the government who introduced it. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 10:51am BigOl64 wrote on Feb 29th, 2012 at 9:13am:
So you're saying that large industries don't look for every possible means to reduce their costs and so improve their efficiency? That they'll just pay the tax and say buggerit? Funny, that isn't my experience in working for all manner of large corporations over the past 30 years. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 10:59am Gist wrote on Feb 29th, 2012 at 10:51am:
Actually that is nothing at all like what I said; hope these large corporations didn't employ you for anything to do with your comprehension skills. In fact I stated in the affirmative, they will always look at their bottom line; why would they spend billions of dollars in infrastructure upgrades when they can easily pass on any and all costs (tax) to the consumer. Jeez if you are going to resort to a reductio argument at least try get the starting point right. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Maqqa on Feb 29th, 2012 at 11:08am ____ wrote on Feb 29th, 2012 at 6:53am:
I am happy to answer that question once you answer my question about the murder and torture in immigration due Howard's and Abbott's policies |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by FriYAY on Feb 29th, 2012 at 11:09am Gist wrote on Feb 29th, 2012 at 10:51am:
No one said they'd pay the tax, the comment was they'll pass it on. Companies rely on ROI for improvement investment. It might be easier and cheaper to pass it on? |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Greens_Win on Feb 29th, 2012 at 11:42am BigOl64 wrote on Feb 29th, 2012 at 8:21am:
Then why are BHP, Rio Tinto and Anglo American included within the 500 list? As for the list of 500 largest polluters the first 299 are : Macquarie Generation Delta Electricity Great Energy Alliance Corporation Pty Ltd International Power (Australia) Holdings Pty Ltd C S Energy Limited TRUenergy Holdings Pty Ltd Eraring Energy BlueScope Steel Limited Loy Yang Holdings Pty Ltd OzGen Holdings Australia Pty Ltd Electricity Generation Corporation T/A Verve Woodside Petroleum Ltd. Tarong Energy Corporation Limited Alinta Energy Limited Rio Tinto Limited Stanwell Corporation Limited NRG Victoria 1 Pty Ltd Alcoa Australian Holdings Pty Ltd1 AZSA Holdings Pty Limited BHP Billiton Limited Anglo American Australia Limited Qantas Airways Limited Santos Ltd Queensland Alumina Limited Adelaide Brighton Ltd Cement Australia Holdings Pty Ltd Xstrata Holdings Pty Ltd OneSteel Limited Exxonmobil Australia Pty Ltd Peabody Energy Australia Pty Ltd HRL Limited BM Alliance Coal Operations Pty Ltd Wesfarmers Limited Boral Limited2 BHP Billiton Aluminium Australia Pty Ltd Orica Limited Transfield Worley Power Services Pty Ltd Alcan Gove Pty Limited Centennial Coal Company Limited Origin Energy Limited Caltex Australia Limited Virgin Blue Holdings Ltd Conoco Phillips Australia Gas Holdings Pty Ltd Burrup Fertilisers Pty Ltd BP Regional Australasia Holdings Pty Ltd Shell Australia Limited AGL Energy Limited1 Queensland Nickel Pty Ltd Rio Doce Australia Pty Limited Transfield Services Limited Power and Water Corporation Energy Developments Limited Asciano Limited Incitec Pivot Limited1 Pechiney Consolidated Australia Pty Limited BHP Billiton Energy Coal Australia Pty Ltd Apache Energy Limited Qenos Holdings Pty Ltd ERM Kwinana Holding Pty Ltd Gujarat NRE Coking Coal Limited Transpacific Industries Group Ltd Queensland Nitrates Pty Ltd QR Limited TransAlta Energy (Australia) Pty Ltd Leighton Holdings Limited Newcrest Mining Limited Iluka Resources Limited CSR Limited Envestra Limited Minara Resources Limited SPI (Australia) Assets Pty Ltd Tiwest Pty Ltd Billiton Manganese Australia Pty Ltd Amcor Limited Owens-Illinois (Australia) Pty Ltd Aurora Energy Pty Ltd Wilpinjong Coal Pty Ltd Axia Energy Australia Pty Ltd Paper Australia Pty Ltd Prosafe Production Services (Australia) Pty Ltd Fortescue Metals Group Ltd Idemitsu Australia Resources Pty Ltd Toll Holdings Limited Ecogen Holdings Pty Ltd Enhance Place Pty. Limited Waste Recycling and Processing Corporation Tarong North Pty Ltd Arrow Energy Ltd Nyrstar Australia Pty Ltd Comgen Australia Pty Ltd Sembsita Australia Pty. Limited Hydro Aluminium Kurri Kurri Pty Ltd Newmont Australia Holdings Pty Ltd Woolworths Ltd DBNGP (WA) Transmission Pty Limited Pratt Consolidated Holdings Pty. Ltd. Honan Holdings Pty Ltd Chevron Australia Holdings Pty Ltd New Hope Corporation Limited Unimin Asia Pacific Pty Ltd Penrice Soda Holdings Limited Macarthur Coal Limited Whitehaven Coal Limited APT Pipelines Limited Brickworks Ltd Multinet Group Holdings Pty Limited CH2M Hill Australia Pty Ltd Norske Skog Industries Australia Limited Yancoal Australia Pty Limited Kalgoorlie Consolidated Gold Mines Pty Ltd Brisbane City Council QMAG Limited Big Ben Holdings Pty. Limited Linfox Pty Ltd Downer EDI Limited Tiger Airways Australia Pty Limited Goldfields Power Pty Ltd Grange Resources Limited Jellinbah Group Pty Ltd Barrick (Australia Pacific Holdings) Pty Ltd Melbourne Water Corporation Holcim Participations (Australia) Pty Ltd. JBS Holdco Australia Pty Ltd Caledon Coal Pty Limited Sonoma Mine Management Pty Ltd New Zealand Milk (Australasia) Pty Ltd Hanson Australia (Holdings) Proprietary Limited ICC Holdings Pty Limited Snowy Hydro Limited CITIC Pacific Mining Management Pty Ltd Farstad Shipping (Indian Pacific) Pty Ltd Devereaux Holdings Pty Ltd MMG Management Pty Ltd Felix Resources Limited Barrick (PD) Australia Limited Xstrata Coal Queensland Pty Limited TT-Line Company Pty Ltd SPI Electricity & Gas Australia Holdings Pty Ltd International Energy Services Pty Ltd Koppers Australia Pty Ltd AngloGold Ashanti Australia Limited PaperlinX Limited Murray Goulburn Co-operative Co. Limited D.M. & M.T. Nolan Pty. Ltd Auscan Holdings Pty Ltd PTTEP Australia Perth Pty Ltd Energex Limited State Transit Authority of NSW Cairnton Holdings Limited Sydney Water Corporation Roc Oil Company Limited Peabody (Burton Coal) Pty Ltd Baiada Pty Limited BHP Billiton Nickel Operations Pty Ltd Prime Infrastructure Holdings Limited A.A. Scott Pty Ltd Envirogen Pty Ltd Millennium Inorganic Chemicals Limited Water Corporation A.C.N. 098 904 262 Pty Ltd Jet Systems Pty Ltd Kimberly Clark Pacific Holdings Pty Ltd Teekay Holdings Australia Pty Ltd Mount Gibson Iron Limited A J Bush & Sons Pty Ltd Lion Nathan National Foods Pty Ltd Isaac Plains Coal Management Pty Ltd Mitchell Corp Australia Pty Ltd Food Investments P/L Ergon Energy Corporation Limited Gold Fields Australia Pty Ltd OZ Minerals Limited The Maddingley Mine Trust BGC (Australia) Pty Ltd Donaldson Coal Pty Limited Building Supplies Group Holding Pty Ltd Coalpac Pty Ltd Silk Logistics Group Holdings Pty Limited HCPH Holdings Pty Limited Australian Postal Corporation Rail Corporation New South Wales Byrns Smith Unit Trust Aditya Birla Minerals Ltd Fletcher Building (Australia) Pty Ltd A.C.N. 137 191 023 Pty Ltd St Barbara Limited V/Line Corporation Simplot Australia (Holdings) Pty Limited Foster’s Group Limited Fulton Hogan Australia Pty/Ltd Goodman Fielder Limited Inghams Enterprises Pty Limited CEVA Pty Ltd Valemus Australia Pty Ltd Cargill Australia Limited Country Energy ACTEW Corporation Ltd1 Telstra Corporation Limited South Australian Water Corporation Veolia Transport Australasia Pty Ltd Nippon Meat Packers Australia Pty Ltd Coca-Cola Amatil Limited Graincorp Limited SCA Tissue Australia Pty Limited Cristal Australia Pty Ltd Thales Australia Holdings Pty Ltd Heinz Watties Pty Ltd Toyota Motor Corporation Australia Ltd. Kagara Ltd Bega Cheese Limited Nestle Australia Ltd ALDI Stores (A Limited Partnership) Cadbury Australia Limited Oceanic Coal Australia Limited Hunter Water Corporation Boeing Australia Holdings Proprietary Limited McCain Foods (Aust) Pty Ltd Ford Motor Company of Australia Limited Norton Gold Fields Limited The Trustee for Costa’s Unit Trust Gladstone Ports Corporation Limited General Motors Australia Ltd Coogee Chemicals Pty Ltd Mars Australia Pty Ltd Crown Limited Silicon Metal Company of Australia Pty Ltd Bradken Limited EnergyAustralia Northgate Australian Ventures Corp Pty Ltd SP Australia Networks (Transmission) Ltd Arnotts Biscuits Holdings Pty Ltd BOC Limited Harvey Norman Holdings Limited Commonwealth Bank of Australia Metropolitan Health Service Lend Lease Corporation Limited James Hardie Austgroup Pty Ltd Parmalat Australia Ltd MML Holdings Pty Ltd Electricity Networks Corporation1 PMP Limited Integral Energy Australia CHEDHA Holdings Pty Limited Stockland Corporation Ltd LGL Australian Holdings Pty Ltd Doral Mineral Industries Limited Monash University AAPC Limited GPT Management Holdings Ltd Commonwealth Scientific and Industrial Research IPMG Pty Limited Crane Group Limited TransGrid Resolute Mining Limited Ramsay Health Care Limited The Uniting Church in Australia Property Trust (Q) John Swire & Sons Pty Ltd Holiday Inns Holdings (Australia) Pty Ltd Competitive Foods Australia Pty Ltd University of Melbourne Sun Metals Holdings Limited ETSA Utilities Mirvac Limited Healthscope Limited Tabcorp Holdings Limited National Australia Bank Limited Westfield Holdings Limited Perilya Limited Public Transport Authority of Western Australia St Vincent’s Health Australia Ltd Salvage Pty Ltd Queensland Electricity Transmission Corporation Limited LyondellBasell Australia (Holdings) Pty Ltd Dexus Holdings Pty Limited Westpac Banking Corporation AMP Limited Fairfax Media Limited Australia and New Zealand Banking Group Ltd United Energy Distribution Holdings Pty Limited News Australia Holdings Pty Limited Macquarie Group Limited ISPT Pty Ltd David Jones Limited Southern Cross Airports Corporation Holdings Ltd Air Liquide Australia Limited Metro Trains Melbourne Pty Ltd The University of Queensland Centro Properties Limited McDonald’s Australia Ltd Myer Holdings Limited SunWater QIC Limited Frequency Infrastructure Australia Holdings Pty Ltd ElectraNet Pty Ltd IBM A/NZ Holdings Pty Limited Port Waratah Coal Services Limited Amalgamated Now try again Australians will not be paying the full amount. so cut your bull |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Greens_Win on Feb 29th, 2012 at 11:46am Maqqa wrote on Feb 29th, 2012 at 11:08am:
Then I look forward to your answer since it has already been answered here http://www.ozpolitic.com/forum/YaBB.pl?num=1330220481/1 post 14 |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by corporate_whitey on Feb 29th, 2012 at 11:52am
Consumption based economics and taxation is regressive, its killing jobs, killing economic activity, Killing commerce, prosperity and incentive.
8-) 8-) 8-) |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 12:28pm BigOl64 wrote on Feb 29th, 2012 at 10:59am:
Yes, I understand what you said. Too bad your one remaining diseased brain cell can't understand what I said. Yes they can pass on that cost and keep their profit steady. They can also increase prices and reduce their other costs. Therefore they increase their profit. Show me a company that doesn't do that. You may want to ask for help from a smart person. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by philperth2010 on Feb 29th, 2012 at 12:28pm
Howard on pricing carbon.....The cheapest and most effective!!!
http://www.youtube.com/watch?v=e5jtiJPlv4Y&feature=related |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by corporate_whitey on Feb 29th, 2012 at 12:37pm
Ditch the Carbon Tax and make the Greens get real jobs... ::) ::) ::)
|
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 12:39pm Gist wrote on Feb 29th, 2012 at 12:28pm:
And how exactly does an energy company with half a dozen coal fired generators do that? P1ssing around the edges with cost tweaks is what some companies do, those with slim profit margins, but the major pollutors will just pass the tax onto us; it's quick, it's efficient and it makes no difference to their overall profit margin. No-one is going to spend billions in infrastructure upgrades when offloading the tax will have the same effect. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 12:45pm BigOl64 wrote on Feb 29th, 2012 at 12:39pm:
Beats me I'm not an energy consultant! But I'm betting the power companies will be looking long and hard at how to do exactly that. Yes, they'll offload the tax. Nobody is expecting them to absorb the cost - that's why the scheme is structured to compensate the consumer. But you can bet the more a company is paying in tax, the longer and harder they'll stare at their business trying to find ways to cut that cost to improve their bottom line. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 12:56pm ____ wrote on Feb 29th, 2012 at 11:42am:
Nice of you to cut and paste the list without actually showing how and what those companies are being stung for. As the story says the top 10 polluters will pay nearly half the bill on their own and they're predominantly energy companies. Australians and anybody that resides or visits here will pay all but a few bucks of of the tax regardless of where the company is from. And if labor manages to squeeze a few bucks from other countries for our carbon tax it still won't make a rat's arse bit of difference we will always pay the bulk of the tax as consumers. The rest of the world will be laughing its arse off as well fumble around trying to negate the less than 2% of carbon we put into the atmosphere. Nothing will change other than everything will be more expensive as companies offset the tax with increased prices. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 1:00pm Gist wrote on Feb 29th, 2012 at 12:45pm:
Unless the cost of change is vastly more expensive than the tax. Then nothing will happen other than power becoming more expensive. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 1:38pm BigOl64 wrote on Feb 29th, 2012 at 1:00pm:
Of course. In which case the consumer is still compensated for the increase. Meanwhile a competitor will have an opportunity to come in with better/more effective infrastructure, undercut the existing suppliers by being more efficient and so gain market share. The consumer wins. Given you righties are always banging on about competition, free market forces, flexibility, blah, blah, blah, I would have thought that you'd understand that introducing a market based scheme is an effective way to do this thing. And that you'd support it. Instead, you all seem to want to install a Great Big New Tax to support welfare for major corporations. You guys are just becoming welfare suckholes worse than corpulant_whitey! |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 1:53pm Gist wrote on Feb 29th, 2012 at 1:38pm:
Since when have I been a rightie? I have no political; allegiance other than to hate the greens. I am however, against random acts of stupidity that wastes everybodies time and effort. No-one is just going to show up and build massive energy infrastructure just to compete against the current energy companies, this is not millions we're talking about, but multiple billions of dollars of spending. But if that happens there will be no savings for anyone, as low carbon power is hugely expensive on it's own, which is why it needs to be subsidised all around the world. As for wanting a great big tax, I don't recall me ever saying i wanted a tax in fact I'm pretty sure if you read my posts you would find I'm against the tax. But here is a little lesson in 'free market forces', there are no subsidies, there is no added tax burden, you sink or swim on your own; which is why the renewables need this tax and subsidies to survive. 'Cause god knows we need to get on top of that massive 2% carbon output we're generating, don't we. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 2:15pm BigOl64 wrote on Feb 29th, 2012 at 1:53pm:
I see. So we may as well all give up on R&D because nobody is ever going to invest in new technology. What technology we have now is as good as it'll ever get. So no way we'll ever find cheaper ways to do renewables or more efficient ways to use fossil fuels. And we don't have to worry about that because the fossil fuels will last forever so there's never any need to make a switch to renewables anyway. That's a pretty interesting way of thinking. :o |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by BigOl64 on Feb 29th, 2012 at 2:33pm Gist wrote on Feb 29th, 2012 at 2:15pm:
Again with the reductio argument based on poor comprehension. This tax isn't going to R&D is it or investing in new technology, the government isn't building new power stations is it? No, it'll just end up on consolodated revinue with the rest of the money. I made no comment at all on R&D or technology, just that this tax was a total waste of time and effort and will not achieve any positive outcomes. Because: 1. The tax will be passed onto the consumer as an added cost 2. Some consumers will be reimbursed by the government 3. The is no impetus to do anything at all, neither carrot nor stick This has nothing to do with what i believe or want; this is just poor policy that's all. If you want change, this ain't the way to do it. |
|
Title: Re: Carbon Emitters Face Up To $7.3 Billion Bill. Post by Gist on Feb 29th, 2012 at 3:00pm
Yes, the money will go into consolidated revenue. But there'll be an offsetting reduced intake due to lower tax rates plus increased outgoings due to pension increases. The remainder (which is still a sizeable chunk of money) goes into a fund for R&D into renewables. So there is an R&D component in this scheme.
Countries around the world are doing these things. China and India among them. Do you really want to be in a position down the track where we have to import energy technology from India? If you have a better scheme then let's hear it. Never know, I may agree with you. |
|
Australian Politics Forum » Powered by YaBB 2.5.2! YaBB Forum Software © 2000-2026. All Rights Reserved. |