carbon tax, page-4

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    According to a Reuters report, China's emissions, at 8.33 billion tonnes, increased by 10 per cent last year.

    Yet according to Garnaut's ludicrous report, and much government propaganda, the whole Chinese people are committed to a great cultural revolution to tame carbon emissions.

    Australia's emissions, by contrast, are 560 million tonnes. If we were to reduce that by 5 per cent, that would be less than 30 million tonnes. If China increases by 10 per cent again, that will be a further 830 million tonnes. China's increase, in about seven or eight months, will be greater than the whole of Australia's emissions.

    Canada just had a national election in which the party promising no carbon tax was elected with a clear majority. In Europe the carbon price has collapsed.


    It is becoming increasingly clear that neither the carbon tax nor mining tax will get up at all. Greens and ALP cannot agree on terms. The resultant budget collapse will end like Whitlam did. What a mess the incoming government will have to deal with, and guess who pays.
 
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