Lets not forget that last time our electricity bills doubled
Quote:"The cost, paid by big polluters, will be passed through to the prices of the goods you buy." Julia Gillard
Be prepared for all items to rise.
Quote:"Australian households will ultimately bear the full cost of the carbon price."
Ross Garnaut, Labor Government Appointee and Author of the Climate Change Review
Even Penny knows that a carbon tax or ETS will not do much to reduce CO2.
Quote:"A carbon tax does not guarantee emissions reductions"
Former Labor Climate Change Minister Penny Wong
Do it before everyone else and industry will just pack up and go overseas they have already started doing so.
Quote:"The introduction of a carbon price ahead of effective international action can lead to perverse incentives for such industries to relocate or source production offshore. There is no point in imposing a carbon price domestically which results in emissions and production transferring internationally for no environmental gain."
Australian Climate Change Minister Penny Wong 6 feb 2008
Lets not forget the bankers who REALLY WANT THIS to happen.
Quote:"International carbon markets will cover billions of consumers this decade. Ask the bankers at your table whether they want Australia to clip that ticket. We’re going to help them get their share." Julia Gillard
www.pm.gov.au/press-office/speech-business-council-australia-dinner
Why reduce carbon emissions when you get this sort of compensation at the tax payers expense.
Not only will they put prices up they get compensated in the billions, why get rid of coal...??
Quote:
Generators have received $1 billion in government compensation money in the six months since the carbon price has been in place, the report prepared for lobby group Environment Victoria says.
The report estimates generators will receive between $2.3 billion and $5.4 billion, depending on the future carbon price, unless the compensation system is reviewed.
http://www.9news.com.au/national/2013/02/20/01/00/power-stations-reap-carbon-windfall-study
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