To tax or not to tax……. is it even a question anymore?

15 10 2013

Today, in that most illustrious of Murdoch’s newspapers, we have this attention grabbing headline:

PUP carbon tax support to cost $10bn

CLIVE Palmer is demanding Tony Abbott repeal the carbon tax retrospectively and refund billions in revenue in exchange for his party’s crucial Senate support in a move that would enable the businessman to escape a $6.2 million disputed charge for emissions.

The Palmer United Party has formed an alliance with the Australian Motoring Enthusiast Party’s Ricky Muir, giving the bloc four of the six crossbench votes needed to pass legislation in the Senate without Labor or Greens support from July, subject to a recount in Western Australian.

PUP’s official policy is to scrap Labor’s carbon pricing regime but the party wants the repeal backdated to start of the carbon tax on July 1, 2012, so companies and households can be refunded.”

And who voted these morons in?  In the case of the Australian Motoring Enthusiast Party’s Ricky Muir, it was 0.5% of the electorate of NSW……  Luckily, there are still a few smart people around….

An independent report released today has found that ditching the carbon price in Australia will hit investment in the renewable energy sector—and almost certainly lead to an increase in electricity prices.

Bret Harper, the Director of Research at advisory firm RepuTex which was commissioned by the World Wildlife Fund to write the report, says that without proper investment in renewable energy—made possible by a carbon price—wholesale electricity prices could rise by between five and ten per cent by 2020.

And while the findings of today’s Renewable Energy and the Carbon Price report appear to be counter intuitive, Mr Harper says the potential price hikes are already common knowledge among government and business.

You can download the ABC Radio RN audio clip here.

Now I could argue ad infinitum that quite likely having a Carbon Price is too little too late, and that nothing short of collapse of consumerist civilisation will affect Carbon emissions….. but is it any wonder the world’s in such deep shit when we elect ever more morons to be in charge…?

I reckon Climate Change will have gotten so much worse by the next election, we will have a near revolution at the polls.  And Clive Palmer will disappear, for good.