Tony Abbott’s plan is one of the most efficient and effective programs anywhere in the world. But the Green hero is really enemy number one. Apparently giving the eco-cartel what they say they want is a disaster. Don’t look now, but green underpants are showing. Who cares about carbon reduction or trees? Givem’ power and money!
Gillard’s carbon tax cost $5310 per ton. Abbott’s plan at $10/ton this round is 531 times greener. The Direct Action plan uses a reverse auction to buy the cheapest carbon reduction in Australia. In the third round another half billion dollars has bought 47m tons of carbon reduction at an even cheaper price than the first two rounds. Most it achieved by planting or restoring greenery and trees.
The real problem with the Direct Action plan is manifold — a/ it doesn’t specifically punish the “big polluders” (those big independent companies that don’t need the government to survive). b/ it doesn’t reward the right patrons — there’s no money for the parasitic windmills and solar industries. And c/ It is more like the real free market solution the eco-fans say they want — showing that the fake free market idea of imposing an economy-wide carbon trading scheme is useless, overpriced, and inefficient. Direct Action fails to reward those financial houses and the conglomerate big-gov entities like the EU and UN, all of whom have been part of the lobbying cheer-squad for 20 years.
More than half a billion dollars has been spent in the latest auction under the Turnbull government’s Direct Action climate change plan, with the vast majority of the money committed to tree projects.
In the third auction of the emissions reduction fund – a central plank of the Direct Action scheme – about 50 million tonnes of carbon dioxide savings were bought from 73 projects at an average price of $10.23 a tonne.
Schneiders says: It would be easier and far cheaper to just reduce tree clearing.”
Which is true. Stealing things is always cheaper than paying for them. In the past, rules that stopped farmers clearing their own land were “cheap” because they confiscated the right to use land owned by farmers, causing hardship, loss and bankrupting some of them.
Where is the National Party on this topic? They could win over a lot of Delcon/Defcon votes if they were prepared to make a stand.