"Instead of an achievable government program to buy 160 million tonnes of annual abatement, the direct action plan morphs into an on-budget government behemoth. A target of 80 per cent of 2000 levels by 2050 would mean abatement of more than a billion tonnes, at least $25bn annually at today's starting price or, as economists expect, perhaps five times higher as the carbon price escalates."
25 Billion pa at todays $23 pt. Without raising taxes. ROFL
You tell me what it is going to cost us under the socialist party to reduce emissions by 80% by 2050?
