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That is being a bit of a stickler saying that other light energy lost is never absorbed so does not count but I guess you are right nonetheless. To me that is thinking like a scientist. I don't think it really matters, if I was told we have a solution to global warming, we are airdropping...

I am convinced of the other two, but surely we lose thermal energy by more ways than only infra red radiation?

If you include the future fund we would have been more than this in the black, but selling a public asset is not really something you can give them too much credit for. Also they could have been more than 100bn in the black rather like a finland if they had taken the proceeds of the boom and...

You could look at the newspaper article from the day fiscal stimulous was announced. It clearly listed where the federal money was going. The closest thing to real infrastructure was under a billion to local councils to build well needed footpaths. Sure they have now delivered projects with...

I actually got a little exited on the eve of a fiscal stimulous package to be delivered by Rudd and as he launched into it mention of Keynes and other economists who understood the role of public works in both a nations long term prosperity but in the short term the boost to activity when a...

Don't get me wrong in answering this I do not want to appear to be a liberal fan as they are not a lot better around public infrastructure albeit less watefull but probably do even less than labor over time. We appear to have a choice in this country; liberals who privatise or do PPP projects...

In fairness at least Bob Hawke with Paul Keating reformed the workplace for the betterment of employment and flexibility of our labour force in this country, something the liberals failed to do with workchoices by over reaching. I would sooner take Paul Keating as treasurer than Wayne Swan...

I reckon it is worse than wealth redistribution, it is income redistribution. Kind of gives it away that I am asset poor but have an above average income, hey... :o)

The only thing I disagree with you there is taxing profits and incomes I do not have an issue with. It can be viewed as taxing that which you were only able to get due to government services or the economy that exists if not for taxation would not be there. IT should be a hell of a lot simpler...

While I cannot speak for HE, I don't think that is true in the general case. A good progressive taxation system is a more efficient means of redistributing incomes than a minimum wage scenario in my opinion. Let supply and demand decide on what people get paid and make the taxation system...

I am all for a progressive income tax model. Get that right and you do not need family tax benifits. I should admit I do not get family tax benifits but it just seems to me a stupid complex system which is well overdue for an overhaul and this carbon tax is being pitched as an economic...

People who say lets not act in this way (carbon tax) do not necessarily dispute the scientific evidence. Many agree the sea levels will rise, the coral will turn white and the rain will fall in different places but with cheap power from coal Australia can combat all this and be better off...

Hopefully that is analgous to what the Australian people will do to him at the next election. I suspect it is.

I would have thought doubling the carbon tax to say $46.00 still would go nowhere near transitioning us to the power infrastructure future you are talking about. CO2 costs at $23.00 per tonne is still not the largest cost to their businesses as I understand it, sure coal works best to cities...

Probably cynicism. You only have to look at other taxes which have been introduced as a deterrent or to in this case internalise negative externalities to find later they are being used to raise revenue; tobbaco, developer levies etc etc. You can imagine in several years (could easily be a...

Well maybe I should not have laughed but cried then. I guess people saying no I don't care about the new tax, climate change is a myth so I will go on using power as before irrespective of the cost just went against my own limited understanding of economics. There was another two questions...

I laughed at the perth now poll... The majority of people said they would not change energy use after the taxes introduction because climate change is a myth... Trouble is the tax is not a myth, even if you don't agree with climate change it is probably best to curb your power use just to...