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The service industry model is what's brought so much undone recently with the financial crisis. You don't create real wealth shuffling money - witness the transfer of global wealth to those carrying out actual physical production (eg China) away from the service economies.Energy intensive industries like mining and agriculture make up alot of our EXPORTS but still consist of less than 11% of our economy. First world countries like Australia are built on the services sector (~70% of our GDP). You'll struggle to offshore that sector and at any rate, not due to climate change.
Furthermore, using Tasmania as a microcosm, energy-intensity doesn't necessarily equate to better economic outcomes. Job and economic growth in Tasmania is being driven by an increasingly educated workforce with more uni grads. Not through the five big refineries.
As for Tasmania, it's been going down this track for nearly three decades now. Thus far, its service economy has failed miserably to deliver on overall economic performance and individual wages as any comparisson of Tasmania versus the other states during the 80's, 90's or 00's will clearly reveal. And yes, it must be said, the only time during the 20th Century that Tasmania consistently out performed the national average economically was during the peak of hydro-industrialisation.
Taking mining etc out of Australia is like taking the engine oil out of a car. Mining, as with the oil, seems like a rather trivial component but the whole lot comes crashing down without it.
Lose the exports from energy intensive and other rurual type industries and the resultant currency collapse will wipe out the service industries there and then since the latter by definition lives off the surplus wealth created by the former. Note what's happening in the US, Zimbabwe or anywhere else that thought they could live forever on the international credit card - bottom line is either you produce goods at home, export something else in order to buy them with, or you go broke.
So we've got to export something. If not minerals and energy-intensive things then what, exactly, do we export? Hot air?