Today, Australia officially killed the onerous and climate alarmism law, carbon tax. I am posting below portions of selected news reports on the subject.
From The Australian today,
The Prime Minister, while claiming
victory after a five-year campaign against carbon pricing, also launched a new
campaign against the Labor Party’s promise to take a replacement emissions
trading scheme to the next election.
And from the WSJ today,
"He said the carbon price was acting as a A$9 billion a year handbrake on the economy, which was adjusting to the end of a record mining investment boom that helped shield Australia through much of the recent global economic downturn....
The carbon tax has affected industries ranging from mining and energy to aviation, and was widely opposed by manufacturers and a majority of business representative groups including the country's main chamber of commerce....
Airline operators also said they had been hurt badly by the tax, at a time when intensifying competition in Australia's domestic travel market was already driving down ticket prices. Virgin Australia Holdings Ltd. VAH.AU 0.00% said it lost A$27 million in the six months through December 2013 due to the carbon tax, saying it couldn't pass costs on to passengers because of stiff market competition. It reported a first-half loss of A$83.7 million."
Earlier, WUWT, June 10, 2014, noted the alliance between the two leaders of Australia and Canada.
“It’s not that we don’t seek to deal
with climate change,” said Harper. “But we seek to deal with it in a way that
will protect and enhance our ability to create jobs and growth. Not destroy
jobs and growth in our countries.”
From Ottawa Citizen,
Abbott, whose Liberal party came to
power last fall on a conservative platform, publicly praised Harper for being
an “exemplar” of “centre-right leadership” in the world.
Abbott’s government has come under
criticism for its plan to cancel Australia’s carbon tax, while Harper has been
criticized for failing to introduce regulations to reduce greenhouse gas
emissions in Canada’s oil and gas sector.
From International Business Times (IBT) Australia, June 10, 2014,
Abbott, who is visiting Canada for
talks with the country's prime minister and his close friend Stephen Harper,
said efforts are underway to form a new "center-right" alliance under
the leadership of Canada, UK, Australia, India and New Zealand....
In a report by the Sydney Morning
Herald, it said the alliance may be a "calculated attempt" to push
back on what both Mr Abbott and Mr Harper sees as a "left-liberal
agenda" to raise taxes and "unwise" plans to address the issue
of global warming.
From The Telegraph, June 10, 2014,
""Like-minded” countries such
as Britain, Canada and India should form a conservative alliance with Australia
to limit action on climate change and to prevent the introduction of carbon
pricing, the country's prime minister Tony Abbott has said.
Seeking to counter Barack Obama’s
efforts for international action to reduce carbon emissions, Mr Abbott has
reportedly sought to create a “combined front” with fellow Commonwealth nations
that have conservative governments."
September last year, Tony Abbott also
abolished the Ministry of Climate Change, helped shrink the size of Australian
government.
From pointcarbon.com,
16 Sep 2013 09:40 Last updated: 16 Sep
2013 09:51
BEIJING, Sept 16 (Reuters Point Carbon)
- The new Australian Cabinet will be the first in six years to not have a
ministerial role for climate change issues, merging instead global warming with
the wider environment portfolio.
Announcing his Cabinet on Monday,
incoming Prime Minister Tony Abbott appointed Greg Hunt, the Liberal-National
Coalition’s spokesman on climate change issues since 2009, as the new Minister
for the Environment.
I hope that other developed countries will realize the folly of making things, from electricity to manufacturing to mining to flying and tourism, become more expensive than what they should be. People want affordable products and services so they can live a more prosperous, more comfortable life. It is the reward for their hard labor and work efficiency.
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See also:
Energy Econ 16: Electricity and Development, March 20, 2014
Energy Econ 21: Joint Statement on EPIRA Implementation, May 27, 2014
Energy Econ 22: FEF on FIT for Solar Power Plants, June 13, 2014
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