Thursday, 23 August 2012

Al Gore praises Australia´s neo-socialist carbon tax

It should not come as a surprise to anyone that Al Gore is lauding Julia Gillard´s neo-socialist carbon tax (in reality a tax  on carbon dioxide; the colourless and odourless gas that is entirely necessary for life on Earth):

"This year in Australia, for the first time, in a move that has inspired the world - I hear it everywhere - carbon polluters are being held accountable for the global warming pollution they pour in the atmosphere every single day.
"Policy actions like Australia's historic achievement are beginning to unlock innovative approaches to the climate crisis that will provide new sources of sustainable economic growth and good jobs while simultaneously solving the climate crisis.  We're not there yet, but fortunately we are gaining momentum and we can solve this problem.
"I salute Australia's strong commitment to solving the climate crisis and I know it's going to continue to be a crucial player in building a global solution to this global problem."

Read the entire article here
What the carbon tax and Gillard´s other "innovative solutions", lauded by Gore, will mean to Australian taxpayers is clear: 

The Gillard government, for instance, intends to siphon off $10 billion of carbon tax revenue to meet a commitment to the Greens for a Clean Energy Finance Corporation. This will see more taxpayers' money wasted on dubious renewable energy ventures -- the very projects supposed to be self-sustaining thanks to the cost impact of the carbon tax on power generated by fossil fuels.
None of the state or federal governments, or their oppositions, is keen to discuss the price impact of renewable energy. Bipartisan support for mandatory renewable energy targets and generous feed-in tariffs for domestic solar power are a major contributor to soaring costs. Studies show these schemes are increasing costs by up to 10 per cent on top of the carbon tax. The NSW Independent Pricing and Regulatory Tribunal has found in the coming year the carbon tax will add $168 to the average bill. At the same time, renewable energy schemes add $102. Then there is a climate change levy and energy saving scheme, so the total additional cost of the carbon tax and other green programs is $317 a year, split almost 50:50 between the tax and other schemes. It's not easy on the hip-pocket being green.
Read the entire article here

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