Thursday, October 13, 2011
Day of Historic Victory or Disaster
The Carbon Tax legislation passed the House of Representatives yesterday while we were at Parliament House briefing all sides of politics on the soil carbon offsets methodology submitted at the Carbon Farming Conference. The vote was either a victory for rational thinking and a defeat for irrational hysteria or vice versa, depending on your point of view. There is the small consideration of $2bn to be channeled into land management (additional to any monies farmers earn from the Carbon Farming Initiative). Some people have been convinced that the Carbon Tax will mean the end of the world as we know it. Some individuals and organisations have quoted amounts by which prices will rise and jobs will be lost that are based on gross misrepresentation of the facts. There has been an epidemic of distortion spread by otherwise responsible bodies. The ACCC should be prosecuting them for false and misleading statements.
Posted by Michael Kiely at 8:47 PM