This is what the Greens need to get into their heads about the...

This is what the Greens need to get into their heads about the carbon tax (from ABC online just now):

"The Government says it has seen Treasury modelling showing the carbon price will help encourage more gas-fired electricity generation."

And, Combet said today that the carbon tax will not affect the massive investment in LNG ... which is good news:

"Mr Combet seized on another report from Australian National University, saying job losses from the carbon tax could be absorbed by other parts of the economy.

He says that is a repudiation of the Minerals Council of Australia's warnings that 23,000 miners will be out of a job because of the tax.

"I wouldn't rely too much on the Mineral Council's assertion here," he said.

"Let's not forget in the resources sector there's a massive pipeline of investment in coal and LNG at the moment and a carbon price is not going to materially affect that in our judgement."

H