extracts from clean energy future , page-5

Bingo!

The ABC's carbon tax special just finished. JG, TA and Cnristine Milne.

Christine was looking rather more fetching tonight than ever before especially when she admitted that "electricity generation will be moving from coal to gas" then very quickly noting a "mega mega renewables package".

All the huff and puff about coal seam gas was and is leverage. The Greens will keep hammering away at CSG to keep the pressure up on Labour.

This will make the MRRT look like a picnic once the coal industry, the mining industry, truck drivers etc. get fired up.

$3 billion dollars of the carbon tax collections will be be spent acquiring foreign carbon credits. That is $3b of Australian wealth transferred overseas. So for $3 billion dollars we get?

Try to sell that to the Australian punter? Labour members with coal mines in their electorate will have a great day tomorrow.

This story has a long way to run. The Labour caucus is going to explode over this.

All good for ESG but not good for the general economy if this carbon policy getrs through.

Good luck tomorrow.