- Joined
- 8 June 2008
- Posts
- 13,298
- Reactions
- 19,655
As you know, I doubt CO2 has much of a role but I also believe we are, as a nation, selling ourselves cheap with our mineral exports; so why not tax these and build a climate mitigation funds: basically infrastructure, levees, sea walls, dams, fire management, water pipes: we build thousand kms gas or oil pipelines but doing the same for water seems always too expensive ...I agree with all of that, in addition I think these measures should be financed by an export tax on thermal coal.
Somehow, the thing that contributes most to global warming has to pay for the damage its doing.
As you know, I doubt CO2 has much of a role but I also believe we are, as a nation, selling ourselves cheap with our mineral exports; so why not tax these and build a climate mitigation funds: basically infrastructure, levees, sea walls, dams, fire management, water pipes: we build thousand kms gas or oil pipelines but doing the same for water seems always too expensive ...
[Tender for olympics is obviously more important with the myriad of cushy positions involved..]
A tax has no chance IMHO money power wont let it.
The problem is that the issue has been politicised and the greatest mistake anyone can make is to think that modern politics is a means of actually solving any problem. In reality once something is politicised that's usually game over in terms of an effective outcome - whatever happens from that point will be a long and drawn out affair with a result that's nowhere near optimal.
Personally I prefer the scientific approach over a political one but the trouble is, the moment anyone decided to go down that track, to apply science as the basis for policy, then we'd have protests saying that we shouldn't be relying on science and that a political approach should instead be taken since a scientific approach by its nature is not a democratic one. They'll say something to the effect that decisions should be made by the people's representatives not faceless bureaucrats - in other words they'll fight tooth and nail against a scientific approach the moment anyone tries to implement it and there's the problem. It has become all about politics, opposing the other side for the sake of it, rather than actually solving any real problem.
I'd take science over politics anyday though but I'm fully aware that many won't. They'll support "science" in exactly the same way they support "free speech". Support it only when they agree with the message which means they don't actually support the concept at all and are simply using it as a convenient prop when it suits.
Worth a read
Ken Henry's tax review is gathering dust, but its ideas could kick-start Australia's economy
That is a good read Ifocus, and is probably what needs to be re read by the Government, it may be outdated, but the general thrust is probably more pertinent now than it was back then.Worth a read
Ken Henry's tax review is gathering dust, but its ideas could kick-start Australia's economy
Ten years ago to this day, Ken Henry handed then-treasurer Wayne Swan a wish list of tax reforms to set Australia up for the 21st century.
That's right, two days out from Christmas — when most people were thinking about lunch, cricket and the beach — the then-Treasury secretary's gift to his boss was a 783-page tax tome.
No wonder the Rudd government's response to the review took months to come out.
A decade later, the Henry Tax Review still sits gathering dust.
https://www.abc.net.au/news/2019-12-23/henry-tax-review-ten-years-on/11817328
Whilst we burn ...
I note with wry amusement Pauline declared the coral on the great barrier reef was fine
Think the Murray-Darling basin as well.Probably more obvious though.The rapid escalation of the fire situation in NSW and Vic should serve as a reminder that this pattern tends to play out with many things both natural and man made.
Something bumbles along as a moderate problem for however long and then suddenly erupts as a full blown crisis which few saw coming.
Fires are one thing like that. The experts have been warning for years that not enough was being done.
Financial market debacles tend to take the exact same pattern. Modest problems bumble along, a few smart ones getting out because they can see what's coming, then it all blows up real quick.
I'm pretty confident that we'll see the same with infrastructure. Probably energy but possibly water or transport. There are plenty of problems bumbling along, the experts know things aren't good and that there are many vulnerabilities, and odds are a full blown crisis will suddenly erupt without further warning when it comes but exactly when and with what precise trigger is anyone's guess. All we can say is there's too much vulnerability.
Of relevance to the forum is to understand that this is a broader concept than any specific example. It's very common that problems simmer along for an extended period and then some "tipping point" event occurs and it's all over real quick.
Think of it like termites eating the wood or rust eating the steel. A massive amount of damage can be done but all still looks well until moments later the whole thing's collapsed on the ground.
Business failures tend to take a similar pattern for example. So do market crashes and other financial mishaps. Moral of the story being to be alert for the warning signs and don't dismiss anyone raising concerns without some effort to determine if they're valid.
Great comment.The rapid escalation of the fire situation in NSW and Vic should serve as a reminder that this pattern tends to play out with many things both natural and man made.
Something bumbles along as a moderate problem for however long and then suddenly erupts as a full blown crisis which few saw coming.
Fires are one thing like that. The experts have been warning for years that not enough was being done.
Financial market debacles tend to take the exact same pattern. Modest problems bumble along, a few smart ones getting out because they can see what's coming, then it all blows up real quick.
I'm pretty confident that we'll see the same with infrastructure. Probably energy but possibly water or transport. There are plenty of problems bumbling along, the experts know things aren't good and that there are many vulnerabilities, and odds are a full blown crisis will suddenly erupt without further warning when it comes but exactly when and with what precise trigger is anyone's guess. All we can say is there's too much vulnerability.
Of relevance to the forum is to understand that this is a broader concept than any specific example. It's very common that problems simmer along for an extended period and then some "tipping point" event occurs and it's all over real quick.
Think of it like termites eating the wood or rust eating the steel. A massive amount of damage can be done but all still looks well until moments later the whole thing's collapsed on the ground.
Business failures tend to take a similar pattern for example. So do market crashes and other financial mishaps. Moral of the story being to be alert for the warning signs and don't dismiss anyone raising concerns without some effort to determine if they're valid.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?