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Added: Feb 25, 2010
From: australianews
Duration: 1:39
Tony Abbott will give you A GREAT BIG NEW TAX.Report blasts Abbott climate plan THE Coalition's climate change policy would cost taxpayers more than twice as much as the government's emissions trading scheme, an analysis has found.A report by carbon market analysts at Bloomberg New Energy Finance said the government's scheme would cost the budget $1.5 billion over the first four years - less than the $3.4 billion of the emissions reduction fund proposed by Opposition Leader Tony Abbott.It said the Coalition's claim that the government scheme would cost $40.6 billion was based on a ''strange logic'' that confused its market value with its cost to taxpayers. The opposition needed ''to come up with something better and get the numbers right'', it said.It said Mr Abbott's proposal - allowing businesses and farmers to apply to have the government pay for their greenhouse gas emissions cuts from a fund eventually worth $1 billion a year - failed on three fronts: it was not the cheapest way to cut emissions, could not accurately limit national emissions and was a short-term option only.The government's scheme ''has limitations'', but was considered more cost effective because it was a market-based system with penalties to force businesses to find the cheapest cuts. ''It is not our place to take sides in politics, but we do question the willingness of taxpayers to fund the entire cost of reducing emissions under [the opposition's proposals],'' the report said.The criticisms of the opposition plan echo those of former leader Malcolm Turnbull, who has vowed to cross the floor to vote for the government's scheme. But the analysis does not cover the Coalition's main attack on the government scheme - that it is a ''great big tax on everything'' that will be felt through increased food and electricity bills.The government says 92 per cent of households will be at least partially compensated.Clean energy group the Alternative Technology Association criticised the Coalition plan as a potential killer of large-scale renewable energy.The opposition proposal includes an additional $1000 rebate for rooftop solar panels and solar hot water systems.But the association's Damien Moyse said incentives for household solar systems connected to the government's renewable energy target were already stopping large-scale wind and solar projects from going ahead. He said the Coalition proposal would exacerbate the problem and ''put the final nail in the renewable energy industry's coffin''......................I have also heard reports that the price of carbon under Tony Abbotts plan will be higher.If the price of carbon is higher then we will be hit with higher charges on our electric bills BUT with NO compensation from Tony Abbott.Tony Will take us down the road of nuclear and i must stress the point nuclear is NOT CHEAPER.The price of power will go up to implement nuclear power.Anyone that suggests otherwise has no clue or is straight out talking shit.Second on nuclear power.Who gets the plants? QLD/ NSW / VIC / SA.I have done a video on this subject and i would ask people to take a look at the sites picked for the plants.Even take a look at the report on nuclear power in Australia.Link to nuclear power report.http://74.125.153.132/search?q=cache%...
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