Aussies dump carbon tax

Aussies dump carbon tax

crocodile dundee 2AB 32, the Global Warming Solutions Act of 2006, was enacted by the Legislature and signed by Gov. Arnold Schwarzenegger not just to reduce greenhouse gas emissions in California by 30 percent. Its exact wording also read:

National and international actions are necessary to fully address the issue of global warming. However, action taken by California to reduce emissions of greenhouse gases will have far-reaching effects by encouraging other states, the federal government, and other countries to act.”

That seemed to be happening in 2012, when Australia imposed a carbon tax on its industries.

But the Aussies just used Crocodile Dundee’s knife to cut away that tax. AP reported:

The undoing of that perspective will likely be complete after a new Senate is sworn in Monday. It’s expected to give Prime Minister Tony Abbott the votes he needs to repeal a 2-year-old tax charged to around 350 of Australia’s biggest carbon polluters. Three top political leaders lost their jobs over the issue as support for climate-change measures plummeted.

A global recession, political miscalculations and failed negotiations only partially explain the dramatic change.

Opponents of the carbon tax implemented in 2012 had the media largely on their side. Electricity prices soared — not mainly because of the tax, but because power companies were spending billions on infrastructure. Most electricity users were compensated for the added cost of the tax, but many of them didn’t know that. And rising gas prices fed the fury — even though the tax didn’t apply to gasoline.

Australia’s experience illustrates how easy it is to scuttle complicated environmental laws, and serves as a warning to President Barack Obama, whose recent proposal to force a 30 percent cut in power plants’ carbon emissions is drawing anger from both sides of politics.

Australia’s economy today is about half California’s, with a strong emphasis on commodities shipped to Asia’s burgeoning industries. Which means China, Japan, South Korea, India, etc. weren’t inspired by AB 32, either. They’re still going to turn Aussie commodities into iPhones and Kias.

Meanwhile, the new state budget includes Gov. Jerry Brown’s program to use about a quarter of the state’s $1 billion yearly cap-and-trade tax to build the high-speed rail white elephant.

10 comments

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  1. Queeg
    Queeg 7 July, 2014, 20:59

    Cap and trade is designed to clean out the working man who pays no income taxes…..it was inevitable….high gas…high energy…..leads to higher costs for most everything.

    Why anyone votes these robber baron to office amazes!

    Reply this comment
  2. Donkey
    Donkey 8 July, 2014, 04:33

    Logic and reason supersede doom, gloom, hypocrisy, lies, and greed. Good for the Aussie’s. 🙂

    Reply this comment
  3. Ulysses Uhaul
    Ulysses Uhaul 8 July, 2014, 08:43

    Gas will be five bucks. Suburbs will suffer a huge loss in purchasing power. Doomers cut their own lawns and clean lots of toilets…..

    Poor Manuel and Maria are sitting on the porch playing Yahtze and their beloved 1984 Tarus eight banger is up on blocks…..somebody desperate, I guess, stripped out the radio….

    The local tony coffee house serves only thin gruel and week old Wonder Bread to survive….

    Geesh-

    Reply this comment
    • Donkey
      Donkey 8 July, 2014, 17:11

      Ahaul, isn’t true you were in JC for 19 years to avoid working? Because you are a doomer to the max!! 🙂

      Reply this comment
  4. Queeg
    Queeg 8 July, 2014, 19:39

    Bagdad Donkey……My credentials are real….your abusive nasty posts are old Bro….Adjust your meds!

    Reply this comment
    • Donkey
      Donkey 9 July, 2014, 10:07

      You mean those issued by the RAGWUS body that issues the same for every teacher in LA, Oakland, and Frisco. I sure am impressed! LOL 🙂

      Reply this comment
  5. Queeg
    Queeg 8 July, 2014, 19:40

    I must have failed you in a entrepreneurial course……affecting you deeply….

    Odd-

    Reply this comment
    • Donkey
      Donkey 9 July, 2014, 19:08

      Queegy, you are a RAGWUS feeding dolt, I would have never taken a course that you would have taught, your rants are as stupid as they come. 🙂

      Reply this comment
      • Ted
        Ted 16 July, 2014, 16:43

        Duncey– Don’t you have kids who are members of the RAGWES? Don’t some have gov pensions?
        Have you suggested to them that they give the money back???

        Or are you “special”

        lmao!

        Reply this comment
  6. ragin steve
    ragin steve 13 April, 2017, 03:27

    Listen up! Let’s cut the crap. There IS only 1 solution to human pollution on our Mother Earth.
    Reduce the global population.
    This will not only reduce the carbon footprint but humanity only respects rare things, like gold & diamonds. Without an over abundance of humans a renewed respect for each person will develop, the resources this planet has to offer will be sustainable, and the focus will be on how to help our fellow man instead of how to destroy, plunder, control or cheat them.

    Reply this comment

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