Carbon Tax

[Alanslegal]

And no I don't support Abbott's direct action targets (perhaps some individual actions) either.

What annoys me is if Tony Abbott does not believe in man made climate change, why have a policy for it?

 

[simongr]

What tax cuts again?

 

[lovestotravel]

Tax cuts... LOL

 

[drron]

For crying out loud, Whyalla SA is still on the fre...n map!

Because of Carbon Credits-
The Australian e-newspaper

And possibly soon to be owned by the Koreans-
Takeover talk rouses interest in Arrium | Newcastle Herald

 

[dfcatch]

What annoys me is if Tony Abbott does not believe in man made climate change, why have a policy for it?

Two separate questions implicit in your paragraph.

I don't care about his opinion, but I do hope he drops the RET as a matter of policy.


My preferred policy is to drop the RET, and have it all as 100% consumer choice to elect what percentage of their electricity comes from Green Energy.

Give the choice and the power back to the consumer.

Clearly there are a number of people on this thread (and the electorate generally) who would be happy to pay 100%.

Personally, I will be electing the 0% option.

 

[NM]

Depends on your interpretation of the facts.In june when the use of electricity fell,ie before the carbon tax,Yallourn power station was put out of action by a flood hence a drop in the most polluting brown coal power generation.So probably not the carbon tax that caused the drop in CO2 emissions.

Ah yes, but the flood was obviously the direct result of global warming / climate change, and that was a direct result of the delayed introduction of the carbon tax. If the carbon tax had been implemented years earlier, climate change would have been reversed by now and that flood would not have happened. So we can blame previous governments for not implementing the carbon tax earlier and averting the flood that helped reduce the carbon emissions since the carbon tax was introduced. Surely that makes sense .... I think???

 

[medhead]

The big issue is the supply pricing. There will never be things like nuclear power while coal remains as cheap as it is. The UMPNER report investigated the economics and found the nuclear and solar are in the same cost range and have similar carbon emissions across the whole life cycle. The failing here is that we are not considering nuclear as an option. I'm more than happy to pay the cost at the nuclear/solar level if nuclear is an available option. Solar alone is not really the best.

As for infrastructure cost, this is a very real problem compounded by all the dividends that state governments have been extracting from their power businesses. There is also the story about the problems of the changing generation/distribution patterns with all the installed solar. I have no idea of the technicalities involved. But it sounds convincing.


Sent from the Throne

 

[Mal]

I guess I would say that but i thought that all along but i'm curious if those who made dire negative predictions want to still stand by them? Do you still want it repealed? Are you happy to give back the tax cuts, etc in exchange for having it repealed?

Tax Cuts? Oh yeah, the few dollars a year I got in my tax reduction... Remember that well. At least with my tax status changing to "Non-Resident", I do get a much bigger tax cut.

Appears that not everyone agrees the doom and gloom isn't going to happen:

There are probably still some price rises to come. Bill Lang, head of Small Business Australia, and Innes Willox, head of the Australian Industry Group, both say it will take a few power bill cycles for companies to be able to figure out what to pass on to their customers.

Read more: No clear line yet on power prices charging ahead

 

[oz_mark]

What tax cuts again?

You didn't get one?

My 6c per week tax cut has been life changing

 

[simongr]

Hmm - my net pay went you $35/fortnight in July - I assumed that was bracket creep?

 

[medhead]

Hmm - my net pay went you $35/fortnight in July - I assumed that was bracket creep?

I think my net pay went up slightly in July as well. My understanding is that bracket creep causes net pay to fall as annual pay rises push you into the next higher tax bracket, which doesn't increase annually. But what would I know.


Sent from the Throne

 

[Mal]

Hmm - my net pay went you $35/fortnight in July - I assumed that was bracket creep?

Abolition of the Disaster levy probably. Nothing to do with bracket creep.

 

[whatmeworry]

Interesting read about how a NSW farmer worked out the power industry has been fibbing about the actual power demands and their claims that power demands are rising.

Now Robertson says the power lobby has even misled the Senate, by insisting the price rises are the fault of ''peak demand'' and rising consumption. As he says in his submission to the Senate inquiry on electricity prices, demand has collapsed. Even so, Grid Australia, the peak body for the $10 billion transmission and distribution sector, has told the Senate that demand is rising.
''Demand is falling, not rising,'' Robertson says. ''This basic premise is factually incorrect.''

''It is often said that if you lie long enough and loud enough, then the lies become the accepted truth,'' Robertson says.
''And so it is with Grid Australia, in their submission to the Senate inquiry into electricity prices. Many of the statements made to the Senate inquiry are purely and simply fabrications.''

Farmer finds facts lost in transmission

 

[cove]

The big problem with being a manufacturer in Australia is the Carbon Tax works like a tariff (but in reverse). Overseas makers dont face a high currency simultaneously with power prices taking off.
We will see our manufacturing in Australia shrink pretty quickly now and those jobs are very unlikely to ever return. Yes it is a sad, sad situation brought into law by a group of politicians who totally lack business experience.
Manufacturing in Australia is now quite vulnerable especially if exports are part of their business model.

 

[whatmeworry]

Maybe the Carbon tax should be applied to imports or would this break some stupid World trade rule(s) or bilateral agreements?

 

[Oneworldplus2]

2010 emissions (Link)

[TABLE="class: grid, width: 500"]
[TR]
[TD]

China[/TD]
[TD]8,240,958[/TD]
[/TR]
[TR]
[TD]

Australia[/TD]
[TD]365,513[/TD]
[/TR]
[/TABLE]


Why even bother........

 

[whatmeworry]

2010 emissions (Link)

[TABLE="class: grid, width: 500"]
[TR]
[TD]

China[/TD]
[TD]8,240,958[/TD]
[/TR]
[TR]
[TD]

Australia[/TD]
[TD]365,513[/TD]
[/TR]
[/TABLE]


Why even bother........

Imagine how many billions we could make off the Chinese if we applied it to them?

 

[Oneworldplus2]

Imagine how many billions we could make off the Chinese if we applied it to them?

True, but why cripple our market/economy when in the grand scheme of things, we are a drop in the ocean......

 

[cove]

The Chinese are currently giving Japan the cold shoulder over some islands in dispute. Japan is really getting hurt right now based on todays trade numbers.
Australia has to be very careful now we owe China and the rest of the world a chunk of change.
Meanwhile our manufacturing sector is shedding jobs everywhere with lots more to come.

 

[Oneworldplus2]

Meanwhile our manufacturing sector is shedding jobs everywhere with lots more to come.

Short AUD......