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Australia Passes World’s Biggest Carbon Tax

First we have this sugar coated report from Reuters:

Australia passes landmark carbon price laws

November 7, 2011

CANBERRA (Reuters) – Australia’s parliament passed landmark laws to impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December’s global climate talks in South Africa.

You see, it’s not a tax on carbon emissions. It’s "landmark carbon price laws."

The scheme’s impact will be felt right across the economy, from miners to LNG producers, airlines and steel makers and is aimed at making firms more energy efficient and push power generation toward gas and renewables.

Airlines and steel makers will now use wind and solar power.

The vote is a major victory for embattled Prime Minister Julia Gillard, who staked her government’s future on what will be the most comprehensive carbon price scheme outside of Europe despite deep hostility from voters and the political opposition

And who cares about representative government, anyway?

The scheme is a central plank in the government’s fight against climate change and aims to halt the growth of the country’s growing greenhouse gas emissions from a resources-led boom and age-old reliance on coal-fired power stations

Coal fired power stations are age-old? In fact, the modern ones are quite modern. And non-polluting.

"Today marks the beginning of Australia’s clean energy future. This is an historic moment, this is an historic reform, a reform that is long overdue," Finance Minister Penny Wong [sic] told the upper house Senate as she wrapped up the marathon debate…

Compare and contrast the Reuters report with this article from the Agence France-Presse:

Australia passes controversial carbon pollution tax

By Amy Coopes
November 8, 2011

Australia’s parliament approved a controversial pollution tax on Tuesday, after years of bitter debate over the reform which is aimed at lowering carbon emissions blamed for climate change…

"A controversial pollution tax" – and not a "landmark carbon price law"?

The government hopes the levy will create economic incentives for the biggest polluters to reduce their emissions but acknowledges that businesses will factor the carbon price into the cost of their goods and services.

You mean evil businesses will just pass the cost on to consumers, so this is really a tax on everyone? That can’t be.

To offset this, much of the revenue raised from the tax in the first three years will provide for higher family payments, pension boosts and income tax cuts to help pay for the higher cost of living

So the government will use this new tax as a way to do some more income redistribution? How handy.

[Prime Minister Julia] Gillard went into the last election promising there would be no carbon tax, but later backflipped, saying it was a necessary first step towards a flexible carbon pricing scheme.

In other words, Ms. Gillard lied to get elected.

Australia is heavily reliant on its coal exports, and thousands have rallied against the levy which they argue will raise living costs, cut jobs and ultimately prove ineffective.

Wreckers. Saboteurs of the state. One does not speak against the revolution.

Industry associations says Australia’s scheme is punitive and priced far higher than the European Union system.

Earlier media projections indicated that mining giants BHP Billiton, Rio Tinto and Xstrata would be liable for a combined $380 million annually at an earlier price of $20 a tonne

They surely have money to burn. They won’t pass on this cost in their products. Or have to fire anyone.

This article was posted by Steve on Tuesday, November 8th, 2011. Comments are currently closed.

5 Responses to “Australia Passes World’s Biggest Carbon Tax”

  1. Astravogel says:

    I have four friends down under, so I know
    the whole nation can’t be barking mad.
    They don’t have much of an opinion of
    Canberra either.

  2. BillK says:

    Let’s modify a quote from the news article to tell the truth:

    … aims to halt the growth of the country

    Much more accurate.

    Funny, Australia’s economy had been doing reasonably well.

  3. beautyofreason says:

    Cutting out innovations when there are no better and cheaper alternatives at hand is suicide – both economically and culturally.

    What would Al Gore do without the internal combustion engine (and I don’t mean his mouth?)

  4. proreason says:

    bang

  5. tranquil.night says:

    Welcome to the Soft Tyranny club, m8s.


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