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I love it a tax grab on companies, on grounds that are yet to be substantiated, the fall out will be nasty if the premise is proven incorrect.
If you needed any more evidence that the entire theory of manmade global warming was a scheme to redistribute wealth you got it Sunday when a leading member of the United Nations Intergovernmental Panel on Climate Change told a German news outlet, "[W]e redistribute de facto the world's wealth by climate policy."
One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with environmental policy anymore, with problems such as deforestation or the ozone hole.
UN IPCC Official Admits 'We Redistribute World's Wealth By Climate Policy
If the media were doing their job they'd be picking up on this.
(my bolds)SWISS banking giant UBS says the European Union's emissions trading scheme has cost the continent's consumers $287 billion for "almost zero impact" on cutting carbon emissions, and has warned that the EU's carbon pricing market is on the verge of a crash next year.
In a damning report to clients, UBS Investment Research said that had the €210bn the European ETS had cost consumers been used in a targeted approach to replace the EU's dirtiest power plants, emissions could have been reduced by 43 per cent "instead of almost zero impact on the back of emissions trading".
Describing the EU's ETS as having "limited benefits and embarrassing consequences", the report said there was fading political support for the scheme, the price was too low to have any significant environmental impact and it had provided windfall profits to market participants, paid for by electricity customers.
The report's criticism of the EU's ETS follows Barack Obama's confirmation last week that the US would not have a cap-and-trade scheme and Canada's refusal to implement an ETS.
"..it had provided windfall profits to market participants.." -Well, well, that's interesting, do Goldman Sachs know about this? Does Al Gore know about this?Europe's emissions trading scheme a flop.The writing is on the wall for Julia's carbon tax/ETS...http://www.theaustralian.com.au/nat...waste-ubs-report/story-fn59niix-1226203068972
Steve Hilton, the Prime Minister’s director of strategy and ‘green guru’, is the latest person to admit to doubts about climate change.
‘I’m not sure I believe in it,’ he announced at a meeting of the Energy Department, prompting one aide to blurt out: ‘Did I just hear that correctly?’
OUTSPOKEN former Labor leader Mark Latham has warned that the Gillard government's $10 billion Clean Energy Finance Corporation will become "the greatest waste of money in the history of the commonwealth".
Speaking on Sky News' Australian Agenda this morning, Mr Latham said the carbon tax the Gillard government negotiated with the Greens and the country independents was more about income redistribution than legislating a significant environmental measure.
But he said the $10 billion clean energy fund designed to boost private investment in clean energy technologies was “the forgotten element” of the debate.
“It'll end up, I think, being the greatest waste of money in the history of the commonwealth, it'll make the Building the Education Revolution and pink batts programs look like a Sunday picnic,” Mr Latham told the program.
Former Labor leader Mark Latham slams clean energy plan as the greatest waste of money in the history of the Commonwealth.
Giving them another bite at the cherry in 2010 was worse.Putting Labor in power in 2007 is the greatest waste of money in the history of the commonwealth.
Giving them another bite at the cherry in 2010 was worse.
Putting Labor in power in 2007 is the greatest waste of money in the history of the commonwealth.
Well I can remember Peter Costello stating that Labor would put the economy into serious debt, attack the Future fund and that an economic Tsunami was just a matter of time.
So obviously Howard and the coalition were voted out. So then the voter was given a second chance and "they stuffed that up as well".
Actually Labor have gone a multiple times worse in a socialist direction.
So the Question is, will the voters respond to the challenge next time round.?
Personally I am starting to think the Australian voter just accumulates a resume of excuses to suit themselves on how they vote. i.e. the opposition will do this and will do that. The media "does not have a clue".
As far as I can see the average voter would not have much of a clue. If they are promised something "free" on the eve of an election, then they would fall over themselves to vote for it.
This is confirmed by the "uncommitted " in the polls. The uncommitted are saying " come on buy my vote". Well that is right up "Labor's ally".
The voter just does not understand that Australia will never have a "surplus" again, and if we do not do something about the current situation, we will be just like one of the "PIGS" next time round.
joea
Well I can remember Peter Costello stating that Labor would put the economy into serious debt, attack the Future fund and that an economic Tsunami was just a matter of time.
So obviously Howard and the coalition were voted out. So then the voter was given a second chance and "they stuffed that up as well".
Actually Labor have gone a multiple times worse in a socialist direction.
So the Question is, will the voters respond to the challenge next time round.?
Personally I am starting to think the Australian voter just accumulates a resume of excuses to suit themselves on how they vote. i.e. the opposition will do this and will do that. The media "does not have a clue".
As far as I can see the average voter would not have much of a clue. If they are promised something "free" on the eve of an election, then they would fall over themselves to vote for it.
This is confirmed by the "uncommitted " in the polls. The uncommitted are saying " come on buy my vote". Well that is right up "Labor's ally".
The voter just does not understand that Australia will never have a "surplus" again, and if we do not do something about the current situation, we will be just like one of the "PIGS" next time round.
joea
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