THE Wall Street Journal states: “The public hates it.” The (UK) Telegraph calls the tax: “one of the most unsuccessful in history” and points out that it is “unique in that it generated virtually no revenue for the Australian Treasury due to its negative impact on productivity; contributed to the rising costs that have taken […]
Tag Archives | Carbon Trading
Palmer Gored: A Win for Mandated Carbon “Markets”
A new alliance between Al Gore and Clive Palmer is likely to result in the repeal of the carbon tax, but the big winner is probably the global warming industry, not the ordinary Australian. Indeed if you think your electricity bill is about to plummet, you’ve been mislead. Much of the increase in the price […]
Why the ETS will not Succeed: Peter Lang
JUSTIFICATION for Australia’s carbon-pricing scheme assumes there will be a global carbon pricing system with our ETS a part of it. This assumption is probably wrong. It is unlikely a global carbon pricing system will be implemented, let alone sustained for the decades or even centuries that would be required. Without a global carbon-pricing system, […]
Carbon Credit Market is Neither Free nor Worth Anything: Jo Nova
THERE is an entire cannon of western philosophical thought, dating back to John Locke and John Stuart Mills, that explains why the prosperity of a nation is not so much linked to its natural wealth, but rather the proper functioning of markets. In On Liberty, perhaps John Stuart Mill’s most famous treatise published in 1859, […]
Greg Hunt’s Carbon Buy-Back Scheme for Australia
THE Shadow Minister for Climate Action, Greg Hunt MP, was in Brisbane yesterday explaining the Coalition’s plan to tackle climate change post September 14, 2013. You can download the manifesto as presented at the seminar here: The Coalition’s Direct Action Plan, 29 April 2013 (9.8MB) Clearly the Coalition has no intention of showing leadership on this […]
Remembering Why There Are Carbon Markets
CARBON is the key building block for all life on earth. We are made of it, we eat it and we breathe it. To label carbon dioxide, which is a component of the natural carbon cycle, a pollutant as the US Supreme Court did in 2007, is absurd. So, is the concept of trading carbon […]
Carbon Taxing Refrigerants But Not Carbon Dioxide?
ON July 1, Australia not only got a carbon tax, but also a tax on refrigerants based on their global warming potential. Refrigerants are used to keep things cool, for example, food in our refrigerators and people in cars and shopping centres. The refrigerants industry is claiming the tax will significantly increase their costs. The […]
Really Reducing Emissions Would Mean Recession
In Australia we now have a carbon tax, to reduce emissions of carbon dioxide. But I bet if there really was an across the board reduction in carbon emissions by industry the government would be complaining. Back in late 2008, when the price of oil plummeted, there was no celebrating the reduced energy usage anticipated […]
What the Carbon Tax and ETS will Really Cost: Peter Lang
Tomorrow, July 1, Australia gets the carbon tax the Prime Minister, Julia Gillard, promised she would never introduce. The nation’s 500 “biggest polluters” will start paying a $23-a-tonne carbon price. Retired geologist and engineer, Peter Lang, calculates what this tax, and the Emissions Trading Scheme to follow, will really cost Australians: Introduction Popularly called the […]
Act Locally to Axe the Tax
Dear Supporters, In the next few days we will be launching a poster campaign to coincide with the introduction of the Carbon TAX. The campaign will consist of distributing this poster http://www.galileomovement.com.au/images/poster_campaign_800c.jpg to shops and business in your local area and asking them to display it prominently in their windows or notice boards. We have […]
Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.