What a joke. The EU ETS has dropped to just over $3 Australian dollars a tonne. Meanwhile, we are paying $23 a tonne, with the government expecting it to go to $29 a tonne in 2015.
http://www.resource.uk.com/article/W...5#.UW2-p8rQTniThe result of the vote has seen carbon prices drop 40 per cent to a record low of€2.63 a tonne, however.
This is going to the cost the government (us) greatly due to the compensation package. More than $4 billion a year!http://www.afr.com/p/national/combet...klKNMHVMpbacdO
I can't believe they have introduced a tax that will lose the government money! It would be laughable if it wasn't so painful.
The tax wasn't meant to make money though. It's meant to encourage business, partly large companies, to operate with a more energy conscious focus and to cut emissions.
I'm not so sure the set up has been successful. But I think that's partially bc businesses like electricity providers are getting cheap resources but still charging the public outrageous prices, thus the need for the compensation.
I believe the focus needs to go these businesses not on the tax itself. Again, as a Labor voter I'm not sold this was the best way to reduce emissions. What I will say, is they are the first govt to not sit on their hands and pass on onus onto future generations. The Libs were more than happy to stick their fingers in their ears saying lalalala.
Heard on the radio last night that the drop in 'carbon' price will result in more like a $7 billion hole in the budget per year! Vice the $4 billion which was an old figure.
This would easily pay for Gillard's education thought bubble. Better to take it from universities though I guess.
Why don't you start a new thread about anti-carbon tax?
Below is a graph of the UAH and RSS satellite observation for lower tropospheric temperatures. They are the bright blue and red lines at the bottom. The other 44 lines are the latest climate models with the black line being the average of those models.
I think it is safe to say.... the models are wrong.
On a side note, did anyone watch that fantastic 3 part BBC series recently Orbit earth's extraordinary journey? It explained how the climates work. It was fascinating when they explained the 3 variables that need to line up in order to have an ice age. (From memory I think we're safe for another 7000 years.) They also explained things like how a solstice doesn't match with the hottest or coldest day of the year, why the southern hemisphere's summers are cooler than the northern hemisphere and loads of amazing information. (Of course F, you might want to get in touch with them too as they obviously have it all wrong because they were confirmed global warming.) Well worth a watch on you tube.
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