This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Labor's carbon tax lie

TS, agree about the electricity costs. They must have derived their 'averages' from a bunch of one bedroom pensioner flats.
Sink your eyes into this.

http://www.cleanenergyfuture.gov.au...hold-Assistance-Tax-Reform-110708-1234hrs.pdf

The promotion that under the tax changes, the tax free threshold goes from $6k to $18k is a lie as the low income offset currently results in an effective tax free threshold of $16k. The change in tax free threshold is in reality far more modest, from $16k to $20.5k.

As tax reform, it fails to fully integrate the low income offset into marginal tax rates. It's still there in 2015/16. Even with this new tax, they have not fixed this inefficiency with the current tax system.

http://www.cleanenergyfuture.gov.au/clean-energy-future/our-plan/cameo-tables/

Tony Abbot is right when he says a single income family on $65k with one child under 5 will be worse off, on Labor's numbers.

On another page, Labor describes $35k as middle income for a single person household. On that definition, I'd hate to think where the the Greens consider middle class peasantry starts.
 
If push comes to shove, the Greens will back down on this. Labor and the Greens have clearly agreed to coal and steel industry compensation behind closed doors.

"We might support it, it remains to be seen," Senator Brown said. "Agreement for all parties has meant give and take, and this has had its moments, this package, there have been times when it looked like maybe it was not going to make it."

http://www.theaustralian.com.au/nat...on-industry-help/story-fn99tjf2-1226091903867
 
Heard on the am radio this morning that by the time everyone is compensated there is a 4 billion dollar hole in the budget and how it will effect it. Wayne Swan was questioned on this matter and he replied .............. "No it wont".

But our gracious lady Queen Red spake thusly:-


Read more: http://www.watoday.com.au/wa-news/g...-increasing-20110711-1h9t9.html#ixzz1QFcO9xyh

A 4 billion dollar set up cost? How can this NOT effect the budget? Add the 2 billion that Barnett grabbed by increasing the royalties on the miners in WA at a state level and we are starting to get a bit shaky on the numbers.
 
In an ideal world renewable energy would provide the bulk of our power. Unfortunately the technology doesn't exist to provide even a small fraction of our needs. It would make more sense for the government to allot several billion into Research and Development on efficient renewable or clean energy, instead of funneling it it into tired old inefficient schemes like solar and wind.


http://www.theaustralian.com.au/nat...-save-the-planet/story-e6frgd0x-1226091913862
 
Maybe I am missing something, but can someone tell me how taxing a coalfired power station will encourage it to reduce its emissions. Won't it just pass on the extra generation costs to consumers, thats assuming it is base load generation.
If it is not base load and is only mid merit or peaking and the cost of generation exceeds return, it won't bid for dispatch. Following from this if the result is a shortage of generating capacity the price offered to the generator will have to rise.
I would think the last thing the generator will be interested in is increasing costs to reduce emmissions.
More likely is they will try to reduce their input costs by manning reductions and forcing coal suppliers to reduce their prices. Which in turn will force them to reduce their input costs and so the problem perpetuates.
The most likely outcome will be a reduction in the cost of coal fired generation and a resultant reduction in jobs not emmissions.
The cost of electricity will have to go to stupid levels to make gas generation competitive with coal and if this is the end game Gillard should come clean with what the cost of electricity will go to.
 
Another one they say will be brought into line is cement producers, who are large emmitters. If we tax them to the point that it is cheaper to bring in cement from SE Asia why wouldn't you just import the cement.
The cement producers are in business to make money at a reasonable return on investment. Wouldn't it make more sense to adopt a similar approach to the U.S and make targets that the manufacturers have to meet within certain timeframes.
 
WTF? No seriously WTF? We are not allowed to know who the 500 companies are?


Read more: http://www.news.com.au/money/money-...ou/story-e6frfmd9-1226092374055#ixzz0tM70lS5u
 
Blatant lie! For goodness sake, he is blind if he doesn't see the nitrogen oxide and sulphur oxide particles laying low on windless days. By the way, there is processes available to reduce the stack blight and Australian power stations should be doing this.
 
From the outset there will be a cash shortfall - the receipts from permits will not cover the costs of compensation (and will only get worse). Has anyone heard anything about where this funding shortfall will be made up from?
 
From the outset there will be a cash shortfall - the receipts from permits will not cover the costs of compensation (and will only get worse). Has anyone heard anything about where this funding shortfall will be made up from?

According to the gracious lady Red Queen it will be "saved" from government expenditure. There was no other explanation after that. I heard it on the radio this afternoon as I was driving home. I mounted the kerb, took out a one legged pensioner walking his dog and laid black marks all the way up the street. Made me feel better.
 
WTF? No seriously WTF? We are not allowed to know who the 500 companies are?
Read more: http://www.news.com.au/money/money-...ou/story-e6frfmd9-1226092374055#ixzz0tM70lS5u
What??? That's just unbelievable.
The following comment, taken from the screed of comments following the article above, accurately sums this up:

If there is no list there is no accountability. Companies that are not effected can still put up their prices under the guise of carbon tax and we will not be able to query them

When I think it can't get any worse, it does.
 

How ever she thinks she can pull herself out of this hole she keeps digging deeper is astounding.
 
Wouldn't publicly listed companies be obliged to disclose that they are paying a carbon tax if the cost is material?
 
I would disagree that water (100% renewable) is a more precious commodity than fossil fuels (non-renewable), especially given that we have technology (desalination) for turnin fuel into water but not the reverse.

But all that said and back on topic, consider the freezing weather we've had recently. Not in terms of whether or not it is "evidence" of climate change, but how we respond to it. Victorians turn up the gas whilst Tasmanians stoke up the fire or switch on the heat pump. There in itself is a huge difference - gas in Melbourne versus wood or electric in Hobart. And then I could point out that Victorians tend to heat the whole house with a ducted system, whilst Tasmanian homes usually have a big heater in the lounge room and no ducts. Then I could mention that those in Darwin would find the concept of being cold a bit of a novelty and probably wouldn't bother actually heating the place (I'm guessing that last bit since I've never lived in Darwin).

As for what is normal, well that comes down to where you live, what you do for heating and so on. Obviously someone with gas heating, cooking and hot water is going to use a lot less electricity, and a lot more gas, than someone with an all-electric home.

As for me, well my household energy use (excluding transport) is 51% wood, 30% grid electricity, 17% solar, 2% oil. So I'm not really a "typical" consumer so far as the government is concerned, and nor are most people.

For what it's worth, tracing my energy supply back to its' actual sources gives the following results: wood 51%, hydro 24%, solar 17%, gas 4%, oil 2%, coal 1%, wind 1%. Again, not typical figures and it's hard to find someone who actually is "normal" with their energy use - there's huge variation between households.
 
As with all this stuff - it can be done, at a cost...
 
OMG this tax is terrible, its so bad its forced the DOW last night...............

Dont worry folks Abbott will sort it all out once he gets in................yes that's right Abbott's actually going to remove revenue..................your dreaming folks.
 
Provide evidence and a source please. An industry professional with 25 years experience seems to disagree with you.
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...