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Showing posts with the label Madness in Canberra

Taxing CO2 in Australia now is a really bad idea

If your objective is to save the planet, then this tax will  not help . If your objective is to create prosperity, then this tax  will help to impoverish us . Though if your objective is to increase the size and power of government, then this tax would have to be a winner. Here we are, yet again, accidentally having some easily accessible stuff that other nations are prepared to pay up for, and we decide it would be nice, in the name of helping Mother Earth, to deliberately make it more expensive for industries to set up or continue here. And we are going to make it more expensive now, before the rest of the world has done it too, to show the world how morally sophisticated we are, even when such sacrifice won't actually help the planet stay cool. Brave? Yes. Sensible? No. A carbon tax will inevitably cost us economically productive jobs. A carbon tax deliberatel...