Our carbon tax just got more insane

[nero_bolt]

Europe’s carbon price is now just a fifth of Australia’s absurd $23 a tonne:

European Union carbon permits posted their biggest weekly drop since January as nations and other policy makers considered a plan to temporarily remove supply from the market.

EU carbon for December fell 11 percent this week to close at 3.78 euros ($4.94) a metric ton on the ICE Futures Europe exchange in London

In two years, under Labor’s policy, we’ll be linked to Europe’s price. Current prices suggest that compensation pitched now for a $23 a tonne price will then be funded by a tax that’s just a fraction of that, leaving a multi-billion-dollar hole.

(labor wont care as it wont be their problem as they will be voted out leaving their mess to someone else to fix)

Time Climate Change Minister Greg Combet came clean on his mendacious spin.

Meanwhile, China keeps stalling on its own miniscule tax:

China will wait until after this year to introduce a tax on carbon, deferring to concern that economic growth might suffer, a government researcher said.

The nation eventually expects to introduce a levy of 5 yuan to 10 yuan (80 cents to $1.61) per ton of carbon, Jia Kang, head of research at the Ministry of Finance, said in Beijing yesterday.

In New Zealand, where the main source of electricity is hydro power anyway, the carbon price is in t...

We really do look ridiculous in our gold-plated global warming evangelism.

http://blogs.news.com.au/dailytelegraph/andrewbolt/index.php/dailytelegraph/comments/our_carbon_tax_just_got_more_insane/

[the_hawk*]

"The low unemployment? = and we all know these are shonky figures"  Proof please.

John get out a little and talk to people that work part time yet are considered to be working full time by missing link, or the people that are participating in so called training programs that are not in the statistics as unemployed, its all about manipulating the numbers to reflect what you want them to show.

a more useful figure would be how many people work a minimum 35-37 hours a week with a single employer as opposed to the number that are not.

I am sure you can find us a graph

[donnashuggy]

So if you work part time are you unemployed?

Freaki - you are spoiling a good story with the truth ! ha ha

[the_hawk*]

John I just went and checked what the portfolio I was holding back in 2008 when my system gave me sell signals, if nothing had been touched it would currently be worth $40k more now than when I sold it.

The interesting thing is I have been pulling $50k a year for the last 5 years so I am happy with the choices I made and there was zero stress as the market fell like a brick. The worst single day I had was $40k and that took the shine of the $10k up days real fast.

 I have been buying again lately but I do like the guaranteed income each month even if I have to pay some tax after income splitting

[the_hawk*]

So if you work part time are you unemployed?

Freaki - you are spoiling a good story with the truth ! ha ha

Donna there are many people that want full time work but cant get it and have to settle for working more than one job part time with no no security or holidays

[donnashuggy]

Well I work 3 jobs, I wonder if I count for 3?

[freakiness]

Donna there are many people that want full time work but cant get it and have to settle for working more than one job part time with no no security or holidays

That can't be blamed on Gillard and Co.

The shift to casual work was well and truly established before they got elected.

[topsidesoul]

High Australian dollar is the reason why we cannot compete in the manufacturing sector..

Read an article in the business section with the headline 'Carbon tax takes heavy  toll on struggling firms'...scrolled through it to find...

-the carbon tax is  contributing to a record number of firms going to the wall...

-while the high Australian dollar is the main factor behind manufacturing closures.

A friend lost hisTiling business to foreign workers who have been granted visas and formed teams.

All the government jobs  he relied  on ,  were undercut by these teams who use enferior foreign tiles and stone.

[freakiness]

A friend lost hisTiling business to foreign workers who have been granted visas and formed teams.

All the government jobs  he relied  on ,  were undercut by these teams who use enferior foreign tiles and stone.

Yes, that's been going on for years, especially tiling for some reason, and painting.

They don't bring qualified tilers or painters in either. Just train them up when they get here.