"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman

Thursday, July 14, 2011

Carbon tax could 'bugger' Australia!

A leading business figure used colorful language in condemning the carbon tax as it relied on technology that does not exist.


A LEADING businessman has warned that the Gillard government's carbon policy could "bugger the country", joining a chorus against the tax, as consumer sentiment sinks.
A LEADING businessman has warned that the Gillard government's carbon policy could "bugger the country", joining a chorus against the tax, as consumer sentiment sinks.
University of Queensland chancellor and former Suncorp chairman John Story said yesterday the government's carbon package relied on a "huge leap of faith", because the technology to manage a cost-effective transition to a low-carbon economy did not yet exist.
His warning followed this week's criticism of the carbon tax by media and mining mogul Kerry Stokes and fellow West Australians, resource heavyweights Andrew Forrest and Gina Rinehart.
Mr Stokes warned this week that Australia was at risk of imposing too many extra costs on industry and pricing foreign investors out of the market.

1 comment:

  1. CO2 build up is from 300years of land clearing now deserts reflecting heat back to space pre heating income suns heat and mass volcanic eruptions. Previous events stopped suns heat reaching the surface hence cooling for millennium. Get the science right and correct advice into the corner office APH. The carbon cycle has stalled CO2 builds up. There is no magic clean energy on horizon charging mining and power generation and such essential income is approaching all from wrong direction. I sat on UNCTAD UNFCCC assemblies from 1996-01 setting low cost solutions to lower CO2 and such solutions will fund clean energy study. We are no longer farmer so mining is our income. We need a Leader with hard core business Banking skills to run Australia INC
    Robert Vincin see Google

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