Victoria takes a step backwards

[Grahame]

http://www.theage.com.au/opinion/pol...326-1vust.html

[gardenlen]

lol well cutting any carbon the way it is being approached is all fluff anyway but that is vic's ego showing through, or maybe it is political expediency after the qld crash they maybe don't want to suffer similar results at the next election?

len

[Michaelangelica]

Victoria wants to open more brown coal power stations.
The most inefficient and polluting of all
They can't do that with a 20% emission target

[gardenlen]

the fed' gov' is calling for tenders to sell brown coal overseas, with that sort of agenda why slug us a carbon tax? senseless

len

[Michaelangelica]

the fed' gov' is calling for tenders to sell brown coal overseas, with that sort of agenda why slug us a carbon tax? senseless

len

As i understand it the "tax" is a prelude to a free market Carbon Trading System now operating in many countries
http://en.wikipedia.org/wiki/Emissions_trading
A svstem is mooted for China soon.
http://www.theaustralian.com.au/news...-1226096969756
The main country 'holding out' appears to be the USA, but they can't seem to pass any progressive legislation (eg national health reforms)

[Woz]

Ramifications already.

http://www.abc.net.au/news/2012-03-2...site=melbourne

"The report also acknowledged the change in the Victorian Government's review of the Climate Change Act tabled in Parliament this week calling for a 20 per cent emissions reduction target to be scrapped."

[annette]

The new government in Queensland is doing the same.

[Michaelangelica]

Carbon tax site
http://www.carbontax.net.au/

USA corporate profits are higher than they have been since WW2
(Perhaps because they own all the Australian Banks?)

[ecodharmamark]

...Perhaps because they own all the Australian Banks?

And a large percentage of its natural resources, too?

BTW, Michael, thanks for the website link.

[Pakanohida]

USA corporate profits are higher than they have been since WW2

Really? I am not sure about that and here is why.

Oil companies raise prices, they decided they want a new Aston Martin (Only 2.3 Million$) fleet.

Farmers get screwed, they need to raise prices because of "inflation," & because everything they need suddenly costs more.

Shipping Companies now not making as much need to raise prices to make the same profit margin they were. Higher price on the food now then when it left the farm 30 seconds ago.

Supermarkets and stores now mark up the farmers food even more now because they need to make the same profit margin or better.

Well now the Oil guys need to raise prices again because they didn't pay for the last 3 cars they wanted.

repeat as per above.



Granted, my example above is very glib, but it is how I see the economy has been world wide since I was born into this incarnation. The only way to escape such a bullshit system is to grow your own food and opt-out of the bullshit.

Follow what I mean?