Alan Moran published an account of the carbon taxes that both the Coalition and the ALP support. In The Spectator he spelled out the cost of two forms of carbon taxation that we have at present and on top of that the ALP is determined to impose a great deal more.

Read the story here Stoking the fires of energy policy

The existing taxes arise from the RE mandates that increase the amount of wind and solar power in the mix and associated costs that arise from the additional transmission infrastructure required to service dispersed sources of power. Secondly there are taxes to support grants and soft loans dispensed by agencies like the Clean Energy Finance Corporation.

The ALP spelled out their vision for increased power costs in a document called Powering Australia which represents a triumph of aspiration over reality. To quote, it will close the yawning gap between our current Federal Government and our business community, agricultural sector and state governments when it comes to investing in the renewables that will power our future.

Our plan will create 604,000 jobs, with 5 out of 6 new jobs to be created in the regions.

It will spur $76 […]