It looks like the coalition is all gung ho about going to the polls. Barnaby is telling the government to bring it on.
I'm beginning to realise what a masterfull pollititian Kev is. He has no idea about economics and by the time he's finished our great country will be in a bad way, but he's good at being a pollitition. Everything is falling into place here for him. The opposition looks like a rable and a bunch of dinosaurs. Kevs big 2007 environmental and climate change election promise was based on 'clean coal'. Something completely unproven, and possibly never viable. Yet he pulled if off perfectly.
The coalition needs to bring out an alternative scheme pretty darn quickly after Copenhagan.
Labor has one big card up their sleaves yet. Money taken from business will get spread out though his labor voters as assistance and compensation for the new costs. Another round of handouts.
http://www.businessspectator.com.au...Liberal-pd20091201-YARLS?OpenDocument&src=rab
........"The proposed scheme is so bad that there are circumstances that could arise where it will increase carbon emissions. No other major country in the world would do such a silly thing. But for the Rudd government it was not silly because, by convincing Malcolm Turnbull to support a bad deal, the government destroyed the opposition"........
........"Rudd and Turnbull estimate that on the basis of a $26 per tonne carbon price (it could be closer to $35) the government will raise around $114 billion between 2011 and 2020. That’s money that Rudd and Turnbull plan to extract from the business community which will give businesses less cash flow to erect carbon reduction plants.
Rudd and Turnbull will give about 47 per cent of that $114 million or $54 billion, to 4.3 million Australian households who are on low or middle incomes. This huge proportion of the population will therefore have no incentive to reduce carbon because they are fully protected. Indeed 2.6 million of the households will receive assistance equal to around 120 per cent of their overall cost increases so they are better off. In other words Rudd and Turnbull are using the ETS legislation as a massive income redistribution exercise to boost the income of lower income people. Many in the community would say that boosting lower income levels is a good thing and that’s fair enough. But to make that a central part of the carbon legislation is just plain stupid'.........
If labor can make this clear about how much money will flow to their voter base they will romp in, and probably would anyway. Not much has been mentioned about this massive amount of money yet. Once the coalition start the adds about 'new tax' blah blah, labor will blow them out of the water with the promise of these handouts to compensate. The coalition is stuffed.
When labor wins the election, they can bring in the ETS in exactly the way they want. Agriculture will be included, so it may as well shut down. I'm going to go into survival mode, but beef producers and dairies will be hit the hardest. I'd be warry of investing in rural areas, rural areas are going to cop it hard here. Rural areas are where most of the job losses will happen, and are the scapegoat of Kevs re-election plan.
Turnbull was a fool. Is it possible he was a labor plant into the coalition?
See ya's.
I'm beginning to realise what a masterfull pollititian Kev is. He has no idea about economics and by the time he's finished our great country will be in a bad way, but he's good at being a pollitition. Everything is falling into place here for him. The opposition looks like a rable and a bunch of dinosaurs. Kevs big 2007 environmental and climate change election promise was based on 'clean coal'. Something completely unproven, and possibly never viable. Yet he pulled if off perfectly.
The coalition needs to bring out an alternative scheme pretty darn quickly after Copenhagan.
Labor has one big card up their sleaves yet. Money taken from business will get spread out though his labor voters as assistance and compensation for the new costs. Another round of handouts.
http://www.businessspectator.com.au...Liberal-pd20091201-YARLS?OpenDocument&src=rab
........"The proposed scheme is so bad that there are circumstances that could arise where it will increase carbon emissions. No other major country in the world would do such a silly thing. But for the Rudd government it was not silly because, by convincing Malcolm Turnbull to support a bad deal, the government destroyed the opposition"........
........"Rudd and Turnbull estimate that on the basis of a $26 per tonne carbon price (it could be closer to $35) the government will raise around $114 billion between 2011 and 2020. That’s money that Rudd and Turnbull plan to extract from the business community which will give businesses less cash flow to erect carbon reduction plants.
Rudd and Turnbull will give about 47 per cent of that $114 million or $54 billion, to 4.3 million Australian households who are on low or middle incomes. This huge proportion of the population will therefore have no incentive to reduce carbon because they are fully protected. Indeed 2.6 million of the households will receive assistance equal to around 120 per cent of their overall cost increases so they are better off. In other words Rudd and Turnbull are using the ETS legislation as a massive income redistribution exercise to boost the income of lower income people. Many in the community would say that boosting lower income levels is a good thing and that’s fair enough. But to make that a central part of the carbon legislation is just plain stupid'.........
If labor can make this clear about how much money will flow to their voter base they will romp in, and probably would anyway. Not much has been mentioned about this massive amount of money yet. Once the coalition start the adds about 'new tax' blah blah, labor will blow them out of the water with the promise of these handouts to compensate. The coalition is stuffed.
When labor wins the election, they can bring in the ETS in exactly the way they want. Agriculture will be included, so it may as well shut down. I'm going to go into survival mode, but beef producers and dairies will be hit the hardest. I'd be warry of investing in rural areas, rural areas are going to cop it hard here. Rural areas are where most of the job losses will happen, and are the scapegoat of Kevs re-election plan.
Turnbull was a fool. Is it possible he was a labor plant into the coalition?
See ya's.
.
