The Coalition must be thrilled. The Australia election is due in the next six months, it’s on a knife edge which the current government could easily lose, and the Opposition leader just announced that instead of the current 27% reduction in CO2 emissions by 2030, they will aim for a 43% cut.
The question is whether Australian voters fall for the magical fantasy plan
As usual, Labor will “pick winners” in a competitive market and somehow make things cheaper, better and increase jobs too:
Mr Albanese said Labor’s long-awaited emissions reduction target would create jobs, cut power bills and reduce emissions.
“Electricity prices will fall from the current level by $275 for households by 2025 at the end of our first term if we are successful,” he said.
The policy would create an additional 604,000 jobs by 2030, with the majority in regional Australia, he said.
To bad that for every Green Job created, two to five real jobs are lost.
Labor is the best friend of foreign bankers
Labor plans to ramp up our secret emissions trading scheme. In a coded transmission, Labor announces that Australians will send their hard earned money overseas and get nothing in return but paper certificates for CO2 emissions that third world countries may have once intended to emit.
“In particular, we welcome the use of the existing Safeguard Mechanism and the Climate Change Authority to set emission budgets.”
Concealed from the public, the Safeguard Mechanism was installed by Malcolm Turnbull, also known as the Member for Goldman Sachs. The World Bank was happy. Turnbull and Hunt brought this in as a legal framework that is already running but barely. Labor don’t even need to get new legislation in place to feed the bankers, all they have to do is turn the dial and they’ve just said they will.
The Safeguard Mechanism applies to Australia’s largest 150 companies and will force them to make more emissions cuts and buy carbon credits to meet those targets. And who sets the targets? Another unelectable bunch of bureaucrats: “The Climate Change Authority”.
Unless Australians get serious and vote for minor parties to hold the balance of power — even if the Coalition wins, the Green Blob does too. Somehow a conservative party that sold out on its own promises may escape punishment. Every time the Rightwing moves left, the Leftwing move lefter.
Can Labor lose another unloseable election by throwing itself on the Climate pyre? Oh yes, they can, but only if the Coalition can point out the flaws in a policy they voted for, and endorsed with Net Zero.