If imposed at a rate of $26 per tonne the carbon tax will cost:
126,000 jobs in regional Australia (according to Access Economics);
10,000 jobs and 16 coal mines (according to ACIL economic consultancy);
24,000 jobs in other areas of mining (according to Concept Economics); and
45,000 jobs in other energy-intensive industries (according to Frontier Economics).
And that is just for starters.
And what for? It won’t stop China and India from continuing to emit carbon dioxide on their own account. These nations understand that you cannot raise a population’s standard of living without also increasing energy consumption....
...We can’t wait any longer for Australia’s business ‘leaders’ to finally stand up on this issue! If we don’t stand up, we run the great risk of seeing the consequences of such non-action in Australia, and I sincerely hope we don’t.
We all have to do our part to ensure this farce is dead and buried. We don't bridge the divide between the prosperous and their counterparts, by knocking those who work hard and achieve down to the level of the others. We should be lifting the rest of Australia up to achieve the level greater levels of prosperity experienced by other sectors.
From all the rhetoric, you'd think that this was the first time we've had a so-called two-speed economy, and that it is a bad thing. If the Government spent responsibly, they could have used the resources boom to contribute to the Future Fund set up and presided over by former Treasure Peter Costello AC. Instead, we go from zero national debt and $22 billion surplus inherited by the Labor Government after the exit of Prime Minister John Howard's in 2007, to a forecast debt of $250 billion in the current treasurers' latest attempt to raise the borrowing limit to such an historical and reckless amount.
Contrary to the Labor spin, the true "recker" does not take the form of the leader of the opposition, but is this inept Government in their devastating handling of our economy.
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