Climate Change Emo Watch

As I mentioned here, Andrew Norton’s NIMBY watch was a fantastic resource in the leadup to the release of the CPRS. The aim was to “keep track of … the people who don’t question the science, but claim that reducing emissions is too costly or unfair.” My aim is to keep this running but also to keep track of claims that we can’t get organised in time because life’s too hard.

Please drop suggested articles in comments.

15 December 2008
Scheme will still hurt us, miners say

16 December 2008
Dead Heat - Alan Kohler

17 December 2008
Emissions Trading could harm cement industry

14 January 2009
Environmentalism is like Nazism. File under ‘Barnaby’s Choices‘.

19 Jan 2009
Clean coal project ‘will fail’ under emissions trading scheme cf. The Australian

2 Feb 2009
Energy industry wants more money for ETS

Union joins emissions trading talks in bid to save jobs

18 Feb 2009
Steel chief sounds jobs alarm over carbon scheme – The Australian

21 Feb 2009
Kevin Rudd isolated on emissions trading scheme;
White paper is no concrete deal for cement industryThe Australian Rentseekers Review [h/t Peter Wood in comments]

23-27 Feb 2009
Tensions boil over on climate change (Senator Ron Boswell concerned scheme costs jobs). The Age [h/t Peter Wood]
Emissions scheme will cut competitiveness: BlueScope Steel [h/t Peter Wood]

Australian Power Company hurt by carbon rules
– Bloomberg [h/t Peter Wood]

Business ‘not ready’ for ETS
– ABC (cf. Redundant Ridout)

2 Mar 2009
Emissions trading spells disaster for farmers: MP for Barker Patrick Secker

5 Mar 2009
Carbon scheme should start in 2012 – Heather Ridout in The Age

Rudd delays emissions trading (After this Radio Reportage)

Carbon scheme changes mulled – StuffNZ [h/t Peter Wood]

12 Mar 2009
Scullion says emissions trading scheme will scare off Inpex – ABC

13 Mar 2009
ETS dangerous to dirtiest coal fired power plant in the world, hence whole Economy! – Interview with TRUenergy’s Richard Indoe at Business Spectator

17 Mar 2009
Rudd’s Hot Air Solution – Alan Kohler’s hysterical follow up commentary on interview.

26 Mar 2009
ETS ‘to shrink regional growth’, says secret NSW Government report – Rentseeker’s Review

27 Mar 2009
Wong’s River of Gold – Keith Orchison, Powerline

14 Apr 2009
Energy industry warns of blackout – Rentseeker’s Review

21 Apr 2009
Ford fears ETS will drive jobs out of Australia – Rentseeker’s Review

28 Apr 2009
Carbon plan will cost jobs: steel boss – Rentseeker’s Review

30 Apr 2009
ETS Won’t Cost Jobs: Coalition Study – Business Spectator

Emissions trading will not cost jobs but workers will earn less in the long run, a study has found.

The federal opposition commissioned the Centre for International Economics to assess the government’s proposed emissions trading scheme (ETS).

The centre found there has not been enough research done on the impact of the ETS, nor on alternatives.

The ETS would cost jobs at first in emissions-intensive industries, the study found. But in the long run the labour market would “return to equilibrium” although real wages would be lower.

Opposition spokesman on emissions trading Andrew Robb said the ETS was a source of risk and uncertainty.

The coalition has not released its policy on what it would do about climate change; it has not said what the 2020 greenhouse target should be, or what scheme should be used to achieve it.

Mr Robb said the coalition was waiting on the outcome of Senate inquiries before finalising its policy.

11 May 2009 – Senate Select Committee on Fuel and Energy Interim Report

Recommendation 9
5.114 The committee recommends that the CPRS EITE assistance measures:
(a) be reviewed to consider providing assistance on a production basis;
(b) be maintained at commencement levels until Australia’s major competitors face comparable carbon costs; and
(c) not exclude the coal mining industry.

Recommendation 14
7.88 The committee recommends that the government properly inform the community how the scheme will impact them and advise of actions they can take to reduce the cost impost of the scheme.

Recommendation 18
9.63 The committee recommends that the Commonwealth Government explore the feasibility, advantages and disadvantages of producing nuclear power in Australia, as a means of reducing domestic emissions and providing energy security for Australia into the future.

11 May 09
Nats will say no to emissions scheme – news.com.au

Senator Joyce said the Nationals would not support an ETS in any form.

“No, no, no, no, no,” he said.

The only benefactors from the scheme would be the “wonderful” people in stockbroking houses, he said, while producers, including miners and farmers, would ultimately go out of business due to the plan’s excessive costs.

“We’re making those who don’t pass any export dollars wealthy and making those who do make us export dollars broke,” he said.

22 May 09
Carbon plan will cause jobs carnage – Opposition Organ

28 May 09
National Farmer’s Federation very late to the party – ABC online. (nb. Note this 2007 press release)

3 June 09
Revealed: Rudd’s $500m coal compensation fund – AM

3 July 09
States should get compo under ETS Sky News – Greens argue that Hospitals, Schools and Universities deserve compensation under the scheme.

Govt to investigate ETS worries AFR

“The Rudd government has ordered a high-level inquiry by a top investment bank to test claims by electricity generators that the emissions trading scheme could cause them financial distress and lead to major disruption in the national energy market”

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63 Responses to “Climate Change Emo Watch”


  1. 1 dannyNo Gravatar

    Scheme will still hurt us, say miners”: Queensland Resources Council chief executive Michael Roche, Dec 15.

  2. 2 Peter WoodNo Gravatar

    There was quite a bit of whingeing from Woodside Petroleum and their Emo CEO Don Voelte. It worked too – they managed to qualify as an EITE and have access to the trough of free permits. Here is a small selection of their whinging…

    http://www.abc.net.au/news/stories/2008/07/18/2307156.htm
    http://www.theaustralian.news.com.au/business/story/0,28124,24491292-36418,00.html
    http://au.ibtimes.com/articles/20080828/woodside-says-aussie-co2-plan-threatens-lng-project.htm
    http://www.fluidhandling.com.au/Article/Woodside-demands-emissions-trading-scheme-compensation-for-LNG/431134.aspx

    The sad thing is, if Woodside really was serious about how emissions trading would affect their business, they could relocate to East Timor, but hang on, they ruled that out…

    http://in.reuters.com/article/governmentFilingsNews/idINSYD8149020080731

  3. 3 pabloNo Gravatar

    It is interesting to hear about all the problems an ETS will bring to the Queensland cement industry. I wonder if any readers can confirm that Queensland cementers – perhaps even the three multinational investors that Sen. Boswell is so concerned about for Gladstone – still use old vehicle tyres to fire their limestone curing kilns. It used to be the case that southern states could dispose of their used tyres by trucking them north. Even if this practise has now been superceded, I would hesitate to place much value on Queenslander cementers whinging about carbon trading.

  4. 4 professor ratNo Gravatar

    An uncontrolled climate change debate could be devastating to all Marxist – Leninist ideological imperialism .
    This is an industry predicated on production worship, statism and economic-determinism.
    They will need a lot of bail-out funding just to tread water in this hostile environment.

  5. 5 dk.auNo Gravatar

    Thanks Peter… I’m in two minds about keeping track of the shite the Opposition Organ publishes. On the one hand, most of it ticks the boxes listed above; on the other, … I have to read the damn stuff.

    pablo, thanks for that annecdote – I wasn’t aware that they were burning old tyres! There are some serious environmental efficiency gains to be had…

  6. 6 dannyNo Gravatar

    Dk: “serious environmental efficiency gains to be had” ( by cementers)…
    At the risk of being scolded again, but there is no where else here to place a good eco-news cement manufacture story.

    Imagine if they were serious, and took something like this to market: from The Inventors

    Eco-Cement incorporates magnesium oxide.. uses a lower heating temperature during manufacturing, so less fossil fuels are used..absorbs C02 from the atmosphere to set and harden and can be recycled.

  7. 7 AdrienNo Gravatar

    Scheme will still hurt us, say miners”

    Well – d’uh!

  8. 8 charlesNo Gravatar
  9. 9 huggybunnyNo Gravatar

    Pablo et al: Cement manufacture releases about 4% of total global CO2 emissions. They are intrinsic to the process. CaCO3 + heat = CaO + CO2 – to a crude approximation.
    However most of the heat can be recovered and used to generate electricity; amazingly this is not a mandated process. In fact the Australian government is funding a program to incorporate electricity generation into Chinese cement manufacturing plants. The next biggy is steel production. It is one thing to sequester Carbon in steel (that’s what steel is) it’s another to use coal (carbon) to reduce iron oxide (ore) to iron.
    30 years ago I worked on the direct reduction of Iron ore to iron (powder) the physics and chemistry are well understood and it is a far more energy efficient and lower CO2 emitting process than the current methods (200 years old). In fact given a supply of Hydrogen it can be entirely CO2 free. No I am not advocating the fuken Hydrogen economy – it is horses for courses. No way do I want fuken hydrogen around my house or down my street thanks.
    Huggy

  10. 10 EmilyNo Gravatar

    Pablo

    Cement Australia in Gladstone Qld, uses a solvent based liqued fuel and scrap car tyres as a substitute to their main fuel, coal:

    http://www.cemaust.com.au/driver.asp?page=main/operations/manufacturing%20operations/gladstone%2C%20queensland

    Blue Circle Victoria uses 1.5 million used tyres annually and waste oil to substitute other fossil fuel use. That’s a real toxic soup and an ideal breeding place for dioxins, not least, in fly ash – particularly when Australia’s maximum permitted emissions for the cement industry exceeds those of the EU. Even Brazil’s maximum allowable emissions for dust are 77mg/m3 where Australia permits 100 mg/m3.

    Similarly the EU permits 800 mg/m3 for NOx, for existing plants and 500 mg/m3 for new plants. Australia permits 940 mg/m3 for NOx though I’ve yet to see any proper enforcement of these guidelines and of course guidelines are unenforceable unless they are written into the Conditions of Licence.

    If the regulatory system in Australia has altered over the last couple of years, I’d appreciate someone advising me or do pollutant industries continue to control their hazardous emissions by “persuasion” only?

    http://209.85.175.132/search?q=cache:RMOHuBRTCUsJ:www.boral.com.au/Annual_Reports/reports/HTML_Annual_2005/s-cement.asp%3FAUD%3DCommunityEnvironment%26site%3DCI+limestone+cement+kilns+australia+used+tyres+fuel&hl=en&ct=clnk&cd=15&gl=au

    No wonder Australia and the US have a reputation as the bad boys!

  11. 11 dk.auNo Gravatar

    14 Jan 09 – Environmentalism is like Nazism. File under ‘Barnaby’s Choices’.

  12. 12 Robert MerkelNo Gravatar

    dk: interesting.

    We’ve (rightly, in my view) decried the government’s pissweak ETS as a political wedge.

    On that level, it seems to be working just fine.

  13. 13 dk.auNo Gravatar

    Indeed Robert – I’ve drawn out the broader points from Barnaby’s spray in a post here

  14. 14 dk.auNo Gravatar
  15. 15 Paul BurnsNo Gravatar

    I was under the impression (since I don’t take Andrew Bolt seriously) that there was just as mich scientific evidence for global warming as there is historical evidence for the Holocaust. Barnaby’s emotive language is nonsense. What is it about RWDBs that they seem incapable of assessing evidence on CC that contradicts their a prori assumptions.
    Hey, you can’t eat cement any more than you can eat money. When our agricultural areas become non-productive, and the food we grow to eat dies,because of CC, maybe we’ll realise that. Too late.

  16. 16 David Irving (no relation)No Gravatar

    I don’t think there’s any chance that a clean coal project would succeed under any circumstances, dk.au. I think technical infeasability trumps the consequences (or not) of an emmissions trading scheme every time.

  17. 17 dk.auNo Gravatar
  18. 18 YazNo Gravatar

    There will be ‘premature retirement of [coal-fired power] plants’ according to Ms Savage from the link in #17

    Yes, Ms Savage, I think that is the point of the CPRS. It’s not a climate pollution reward scheme, though at times it does look like that…

  19. 19 dk.auNo Gravatar
  20. 20 dk.auNo Gravatar
  21. 21 Lefty ENo Gravatar

    Gawd – could the mining and forestry industries of this country hire any fewer people? What does Gunn’s of Tas hire? 12 blokes and a dog? Im only exaggerating slightly. The idea that shifting our enrgy base will elad to a net loss of jobs is a JOKE. A net increase is far more likely – which incidentially,is why industry opposes it. It will create too much employment.

    In any case, our coal industry is 75% export-only so you could shut down every coal-fired station in the nation and the industry would still kick on.

    But YES: get your head around this, jobs WILL be lost in unsustainable industries. Thats the whole point. Thats a GOOD thing. They will created in new ones which wont kill us all off in the long run. Maybe they’ll even pay their submerged costs. Im sick of big polluters expecting Joe Public to pick up their costs. Stand on your own feet costs-wise and then we’ll see how “efficient” you are at producing energy. Let the market truly decide.

  22. 22 dk.auNo Gravatar

    “Even in the most benign circumstances, the (emissions trading scheme) is effectively a tax on investment and growth,” said Virgin Blue general manager Simon Thorpe”
    http://www.theaustralian.news.com.au/story/0,25197,25085266-11949,00.html

  23. 23 Peter WoodNo Gravatar

    “THE cement industry has accused the federal Government of being “fork tongued” after learning it would qualify for fewer free permits under the emissions trading scheme than it had been led to believe.”

    White paper is no concrete deal for cement industry, Rentseekers Review, February 21, 2009

  24. 24 wizofausNo Gravatar

    That an ETS is a tax on investment/growth is pretty indisputable – which is one reason why there’s a good case for offsetting it with reduction in other taxes (in particular corporate tax rates). However, of course, the cost of not reducing CO2 emissions is far higher than doing so, so an effective (hence global) ETS should be a significant money saver in the long run, even without other tax adjustments.

  25. 25 Peter WoodNo Gravatar

    Emissions scheme will cut competitiveness: BlueScope, ABC Online

    Added to the current downturn in steel demand worldwide, BlueScope Steel’s chief executive officer, Paul O’Malley, says the Government’s carbon emissions scheme could reduce its competitiveness.

    “We will be incurring a cost base that may move us away from being world-class in cost competitiveness that may restrict our ability, particularly in these challenging times to sell steel,” he said.

    Why are they worried? I thought they had a special deal where the NSW government would pay for their emissions?

  26. 26 Peter WoodNo Gravatar

    Tensions boil over on climate change, The Age

    Senator Ron Boswell, concerned that emissions trading will cost jobs, lashed out at the bureaucrat after he tried to say the cement industry would not be decimated by the scheme.

    “You are a bureaucrat that’s never been in the market in your life,” Senator Boswell barked.

    Senator Boswell said the bureaucrat, Dr Martin Parkinson from the Department of Climate Change, should not be overriding the concerns of steel and cement companies.

  27. 27 Peter WoodNo Gravatar

    Yesterday it was BlueScope Steel, last week it was the cement industry, today it was the turn of coal fired electricity generators to emote about carbon pricing and how much debt they have.

    Some would think that with all of the handouts in the White Paper, emissions intensive industries would quieten down a bit. This is not the case — the marginal benefits of whinging rent-seeking have not decreased significantly.

  28. 28 Peter WoodNo Gravatar

    Heather Ridout again Business wants emissions trading delayed, The Age, February 26, 2009

    The rent-seekers seem to have gotten louder over the past week or so.

  29. 29 dk.auNo Gravatar

    Thanks Peter. Busy week for emoters…

  30. 30 dk.auNo Gravatar

    Emissions trading spells disaster for farmers: MP

    “Whether you’re producing wool or beef, sheep meat or dairy, it’s going to have a catastrophic [effect] on those industries without any compensation whatsoever to the agriculture sector” said Federal MP for Barker Patrick Secker

  31. 31 dk.auNo Gravatar

    Carbon scheme should start in 2012 – Heather Ridout in The Age

    Boy, there’s either a skills shortage or a credit shortage. Those poor managers just can’t catch a break!

    Coming soon: LP Climate Emo Bingo! GFC Edition

  32. 32 Peter WoodNo Gravatar

    Meanwhile is worried that if it introduces and ETS, there will be carbon leakage from New Zealand to Australia because our targets will be much weaker.

    Carbon scheme changes mulled.

  33. 33 dk.auNo Gravatar

    heh. we own most of NZ anyway.

  34. 34 NatureAdviceNo Gravatar

    It is interesting to hear about all the problems an ETS will bring in all fields..
    By the way, for your readers interested in funding for climate change ideas. Check out http://www.justmeans.com/challenge/climate Four winners will receive $200,000 each to pursure their ‘Changing Climate Change’ idea. This initiative is being run by Green Mountain Coffee Roasters.

  35. 35 dk.auNo Gravatar

    Scullion says emissions trading scheme will scare off Inpex – ABC

  36. 36 dk.auNo Gravatar

    ETS dangerous to dirtiest coal fired power plant in the world, hence whole Economy! – Interview with TRUenergy’s Richard Indoe at Business Spectator

  37. 37 dk.auNo Gravatar

    Rudd’s Hot Air Solution – Alan Kohler’s hysterical follow up commentary on interview.

    “…uncertainty about subsidies after 2015 will result in the bankruptcy and probable closure of the Latrobe Valley coal-fired power stations in 2015.”

    Yeah keep going with those predictions/rent-seeker spruikings buddy.

  38. 38 dk.auNo Gravatar
  39. 39 dk.auNo Gravatar

    Energy industry warns of blackout – Rentseeker’s Review

    A survey by the Energy Supply Association of Australia has found the sector will need to find $100 billion over the next five years for refinancing, essential upgrades and new investments in low-emission generation to comply with the emissions trading scheme and new renewable energy targets.

  40. 40 dk.auNo Gravatar

    Keane in Crikey today:

    in the manner of saving the best until last, the most outrageous demand emerged yesterday from the Electricity Supply Association, which used an “industry survey” to conflate the impact of the financial crisis and a recent decision by the Australian Energy Regulator on rates of returns as the basis for demanding even more free permits under the ETS than the industry is already getting.

    It’s a big effort to top the special pleading and the self-serving “modelling” offered by most of the country’s major polluters and their peak bodies like the Minerals Council, but ESAA managed it easily.

    “Electricity generators estimated they will need additional credit facilities to finance over $20 billion worth of emission permits in the period to 2014,” the survey concluded.

    “Increasing the initial allocation of permits to coal-fired generators will not subsidise them or keep them in production any longer than necessary,” ESAA CEO Clare Savage said.

    Perhaps Ms Savage might care to look up the meaning of “subsidise”. And while she’s got the dictionary open she could check on “magic pudding”. Between all the extra compensation demanded by polluters, the revenue from the ETS would be allocated two or three times over.

    It gets better:

    Under the ETS, the Government will hand over nearly $4b over five years to electricity generators. The biggest beneficiary of this bonanza will be the UK firm International Power, which will pocket more than $1b from Australian taxpayers courtesy of the ETS. Hong Kong’s CLP Power International will trouser nearly three-quarters of a billion dollars. The NSW Government will get nearly $400m. The Queensland Government will get over $100m.

    The most remarkable statement from ESAA, however, was Ms Savage’s claim that “coal-fired generation assets were built at a time when there was no cost on greenhouse gas emissions and no clear prospect of when or how such a cost might be introduced.” This is either staggering ignorance or a blatant lie. At least seven coal-fired generators have been built in the last decade alone. How many more have been built since the Kyoto Protocol? How many have been bought and sold in recent years in Victoria?

  41. 41 Peter WoodNo Gravatar

    Senate committee hearings are broadcasting live here.

  42. 42 Peter WoodNo Gravatar

    oops wrong thread for the previous comment…

    There was a bunch of stuff on the ESAA rentseeking exercise in the April 14 AFR too. Quotes someone from Rio Tinto saying that the CPRS will “cost jobs”. One thing that I find really annoying about much of the media coverage of these exercises is that the journalists don’t bother to ask any independent economists or policy experts or environmentalists about the validity of these claims.

  43. 43 BrianNo Gravatar

    Yes, Peter, in the front page AFR article they were not only threatening jobs, but the lights were said to go off in NSW specifically, with the suggestion that a Ruddbank style facility be set up to provide the $100 billion they reckon they need for refinancing and new investment in the next few years.

  44. 44 Peter WoodNo Gravatar

    It reminds me of the financial crisis. The generators make bad invsestment decisions by building brown coal fired power stations – assuming that nothing will be done about climate change – and doing their best to make sure nothing is done about climate change. When something is done about climate change 30 years after they first knew about the problem, the firms want to be bailed out with cheap loans – and are still doing their best to ensure that as little as possible is done about the problem.

  45. 45 BrianNo Gravatar

    Peter, I think this is why Hansen is targeting the coal industry directly. He says ETS initiative have been a demonstrable failure, so go for a tax.

    Forget percentage reduction targets and just go for the main culprit. The combination of percentage targets and relying on the market through ETS just gives scope for playing the games that big industry is so good at with paid lobbyists, PR spin, and ignorant journalist processing copy at the rate of knots to serve the commercial interests of the corporate MSM.

  46. 46 dk.auNo Gravatar

    Ford fears ETS will drive jobs out of Australia – Rentseeker’s Review:

    BlueScope, OneSteel, Rio Tinto, Alcoa, Chevron, Woodside Energy and Visy have long pushed for changes or delays to the Carbon Pollution Reduction Scheme, citing its impact on jobs at a time of economic crisis.

    But Ford Australia’s submission to a Senate inquiry into the ETS marks its strongest call yet for caution on the scheme. “It is difficult to precisely quantify the impact, but it would well be in the annual order of many millions of dollars via increased energy costs,” it said.

    Wow. I hope my Senate submission makes headlines too!

  47. 47 Peter WoodNo Gravatar

    From Carbon+Environment Daily:

    In its submission on the draft trading bills, APPEA says the legislation should be changed to give the LNG industry more permits – enough to cover all its direct emissions and offset all scheme-related energy and feedstock price increases.

    But the association, which represents the upstream oil and gas industry, also takes umbrage at the draft legislation’s use of the term “free” permits to describe any handouts it receives from the Government without any charge.

    “References to ‘free’ permits should be removed and replaced by ‘administratively allocated’,” APPEA says.

  48. 48 dk.auNo Gravatar

    Wong fails to name single ETS backer

    Seems like as good a note as any on which to conclude Climate Change Emo Watch.

    Thanks to everyone who participated – particularly Peter Wood

  49. 49 dk.auNo Gravatar

    A bit late to the party, but a worthy inclusion:

    Carbon plan will cost jobs: steel boss – Rentseeker’s Review

  50. 50 Peter WoodNo Gravatar

    Thanks for setting up the Emo Watch dk.au, it is a useful record of much of the recent nonsense from business that we have seen, which is playing a major role in undermining climate policy.

    On Bluescope Steel, I find it ironic that they are complaining about the CPRS, I thought they stitched up a deal with the NSW government so that NSW will pay for their emissions, in exchange for Bluescope setting up a steel cogeneration plant in Port Kembla.

  51. 51 dk.auNo Gravatar

    End of Emo?

    ETS Won’t Cost Jobs: Coalition Study – Business Spectator

    The federal opposition commissioned the Centre for International Economics to assess the government’s proposed emissions trading scheme (ETS).

    The centre found there has not been enough research done on the impact of the ETS, nor on alternatives.

    The ETS would cost jobs at first in emissions-intensive industries, the study found. But in the long run the labour market would “return to equilibrium” although real wages would be lower.

    That’s a startling conclusion about the EITEs considering they’ll actually get a windfall profit from the scheme for BAU technology improvements (contrary to what the government asserts). Am looking to get hold of the report but can’t download it from the CIE site…

    Recall Brendan Nelson back in Aug 2008 . I’d be more tempted to conclude that Emo has won, rather than lost.
    Update: http://larvatusprodeo.net/2009/05/06/the-pearce-review-the-liberals-cprs-report/

  52. 52 dk.auNo Gravatar

    11 May 2009 – Senate Select Committee on Fuel and Energy Interim Report Here’s a flavour:

    Recommendation 9
    5.114 The committee recommends that the CPRS EITE assistance measures:
    (a) be reviewed to consider providing assistance on a production basis;
    (b) be maintained at commencement levels until Australia’s major competitors face comparable carbon costs; and
    (c) not exclude the coal mining industry.

    Recommendation 14
    7.88 The committee recommends that the government properly inform the community how the scheme will impact them and advise of actions they can take to reduce the cost impost of the scheme.

    Recommendation 18
    9.63 The committee recommends that the Commonwealth Government explore the feasibility, advantages and disadvantages of producing nuclear power in Australia, as a means of reducing domestic emissions and providing energy security for Australia into the future.

  53. 53 dk.auNo Gravatar

    Nats will say no to emissions scheme – news.com.au

    Senator Joyce said the Nationals would not support an ETS in any form.

    “No, no, no, no, no,” he said.

    The only benefactors from the scheme would be the “wonderful” people in stockbroking houses, he said, while producers, including miners and farmers, would ultimately go out of business due to the plan’s excessive costs.

    “We’re making those who don’t pass any export dollars wealthy and making those who do make us export dollars broke,” he said.

  54. 54 dk.auNo Gravatar

    Carbon plan will cause jobs carnage – Mitch Hooke in the Opposition Organ

  55. 55 BrianNo Gravatar

    dk.au, the Oz reported the Minerals Council as saying:

    The CPRS scheme will shed 23,510 jobs in the minerals sector by 2020 and more than 66,000 by 2030.

    This turned out to be a lie, as Tony Maher from the CFMEU points out:

    If [you] look at [the] detail of the report, it shows that the Queensland mining industry will grow 120 per cent between now and 2030, and by 60 per cent in New South Wales. So that’s an awful lot more jobs and what they’re saying is that there’ll be less growth under an emissions trading scheme than there would be if there was none.

    Earlier in the day the ABC had been repeating the Minerals Council lie. But tonight in the news bulletins they got it right on TV as well as radio.

  56. 56 dk.auNo Gravatar
  57. 57 Peter WoodNo Gravatar
  58. 58 dk.auNo Gravatar

    “I can see the beginning of an environmental campaign saying that beef is really bad for the environment and it’s starting to get out into more mainstream literature.

    “The problem for the beef industry is that even if they have a successful argument, the public relations problem is quite a big one, so that’s where I think agriculture needs to become a bit more involved and look for some of the better news stories out there.”

    Interesting acknowledgement – especially given how feverishly the Kiwis are working on sheep fart abatement technologies; a The Global Farting Cow Institute can’t be too far off.

  59. 59 dk.auNo Gravatar

    Coal company claims emissions trading scheme favours eastern states – http://www.abc.net.au/rural/news/content/200905/s2583101.htm

  60. 60 BrianNo Gravatar

    dk.au, it’s burping, not farting, or if you want to be technical enteric fermentation.

    Peter W murph said a bit here and I think Quiggin had a go at it recently too. It’s really recycling carbon, but I think the problem comes from methane being so much more potent than CO2, so it’s a greenhouse booster.

    The maths in Prof John Rolfe’s piece indicates that he rates methane 21 times as strong as CO2. But it really should be 70 times or more.

    dk.au the Kiwis might be good at spruiking what they do, but it seems we are doing quite a bit.

  61. 61 dk.auNo Gravatar

    No doubt, Brian. Thanks for the link…

    Revealed: Rudd’s $500m coal compensation fund – AM

  62. 62 dk.auNo Gravatar

    States should get compo under ETS Sky News – Greens argue that Hospitals, Schools and Universities deserve compensation under the scheme.

    Govt to investigate ETS worries AFR

    “The Rudd government has ordered a high-level inquiry by a top investment bank to test claims by electricity generators that the emissions trading scheme could cause them financial distress and lead to major disruption in the national energy market”

  63. 63 BilBNo Gravatar

    Well, I’m sending a letter to the Prime Minister next week to point out that I am going to be severely disadvantaged by the ETS, and I should be compensated.

    And why not?? Everybody else is!!!

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