Will Tony Abbott leave Australia Legless
and Powerless in the Global Storms?
To the Editor
Climate Conversation
22nd December 2011
Some at the big end of town are worried that Mr Abbott may keep his promise to repeal the carbon tax. No doubt they and their smart lawyers fear losing the clever green schemes that rely on ripping off tax payers, consumers and other businesses.
Australia’s wealth and jobs have always rested on three legs – mining and farming, making and processing things, and rich foreigners; in short, resources, manufacturing and money from tourists and investors.
The Gillard carbon tax will white-ant all three legs.
Mining and farming need draglines, dozers, scrapers, trains, trucks, bulk carriers, tractors, generators, pumps and machines of all kinds. Their energy comes from diesel fuel or coal powered electricity. A tax on carbon will sap their energy and reduce their ability to generate jobs and national wealth.
Our processing and manufacturing industries rely on cheap electricity produced from our marvellous deposits of coal and natural gas. Greens have demonised these national assets and their carbon tax will undermine all Australian industries. Investors always look ahead. Already the threat of a carbon tax has reduced the asset value of every base load power station in Australia. Already one of the biggest, running on Victorian brown coal, is reporting financial stress and may close. We cannot run steel works, refineries or big cities on sunbeams and sea breezes.
Australia is remote from most of the world and tourists must travel vast distances to get here. They need planes, trains, ships, buses and cars, all powered by carbon energy from petrol, diesel or gas. The carbon tax will strike at the heart of this industry. Harassed by the carbon footprint harpies, tourists may choose to stay home and go camping in their own back yards.
Finally, Australia is leading the world with the most onerous and widely applied carbon tax. This is already deterring the foreign investors who for generations have risked their savings to create businesses and jobs in Australia. Even now, the threat of a carbon tax is increasing capital shortage and debt stress in Australia.
There is no good news in the carbon tax story – no climate benefits, no real jobs and more costs for consumers. And it is white-anting the three legs supporting the Australian economy.
Unlike the big end of town, thinking Australians are worried that Mr Abbott may renege on his promise to repeal the carbon tax.
That would really leave Australia legless and powerless in the global storms.
Viv Forbes,
Rosewood,
Queensland,
Australia.
forbes@carbon-sense.com
Visits: 34
Some encouraging news from an unexpected source…Lenore Taylor in the SMH this morning (Lenore is a very strong supporter of all things CAGW, as you’ll find if you read her previous opeds). The encouraging bit is this:
“In his penultimate blog for the year, Abbott’s parliamentary secretary Senator Cory Bernardi summed up his 2011 in a way which would appear to sit uncomfortably with Coalition policy.
”Emissions have continued to rise, the few dams we have are full again, the Earth has stopped warming and the deceivers in the AGW (anthropogenic global warming) alarmist industry are increasingly exposed for what they are. By my count, it’s a happy ending to the apocalypse scenario and I think it would make an excellent movie. I even have a title in mind. Perhaps it could be called An Inconvenient Truth,” he wrote.”
In other words, while the LNP still has the 5% cuts thing as policy, Mr Abbott’s main advisor is clearly a sceptic with definite dry sense of humour.