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by opinologo 2362 days ago
Julia Gillard implemented a carbon tax that actually had an effect on slowing down emissions. There was no 'economic suicide' Your statement doesn't make sense. The carbon tax was reverted using lies by the current ruling party. Economic suicide is what is happening to our collapsing planet right now. We can't eat money and our crazy policies are killing us all. What is the cost of that?
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the country’s greenhouse gas emissions by 1.4 percent in the second year after the carbon tax implementation However, it also caused an increase in electricity costs for households and industry, which led to business closures and other economic hardships for businesses and citizens

It caused inflationary pressures of just under 1%, and cost the average household about $550 per year in additional costs

There were also reports of factory closures due to cost increases, with resulting job losses. One one company reported that they had to pay AUD8 million a year for the carbon tax and was forced to close as a result with all employees losing their jobs

But who needs an economy or jobs, right... the government will provide

Coal is a deprecated technology and needs to be phased out. It doesn't make economic (or any other) sense.

Economic progress cannot ignore the current disaster. Renewable energy creates jobs. We can print money out of thin air but we cannot print The Great Barrier Reef which creates thousands of jobs. Today we are destroying it.

Digging coal to put more money in the pockets of the elites is causing this (from the article):

>>Australia today is ground zero for the climate catastrophe. Its glorious Great Barrier Reef is dying, its world-heritage rain forests are burning, its giant kelp forests have largely vanished, numerous towns have run out of water or are about to, and now the vast continent is burning on a scale never before seen.

>>thousands driven onto beaches in a dull orange haze, crowded tableaux of people and animals almost medieval in their strange muteness

8 Million? Found three in the news Orica, Penrice Soda and Clives Nickel. I remembered hearing about a few in the news at the time and went looking for it.

Not sure if Orica is the one you meant. But if it is, the links really do tell a story about the kind of information presented in the media as an immediate and memorable headline, versus the backstory which plays out over a number of years.

TLDR: This company got more in rebatement that they spent, any actual losses were as a result of poor enviromental and safety practices, and they also got caught for some $30m for tax avoidance.

https://www.australianmining.com.au/news/orica-to-pay-8-mill...

https://www.afr.com/companies/financial-services/carbon-tax-...

https://www.smh.com.au/environment/orica-gains-from-past-as-...

https://www.orica.com/ArticleDocuments/301/2013_Full-Year-Re...

https://www.smh.com.au/business/companies/orica-announces-19...

https://www.smartcompany.com.au/finance/economy/orica-fined-...

https://www.smh.com.au/business/companies/orica-profits-hit-...

edit: Here are some links for Penrice Soda. Turnover $137m, claimed they had to pay $8m in carbon tax, actual bill was $1.9m, never paid. Closed their plant, went into administration a year or two after. Company was trading insolvent.

https://www.abc.net.au/news/2013-01-18/penrice-soda-pulls-pi...

https://www.news.com.au/tablet/carbon-tax-hurts-say-ailing-f...

http://www.ferret.com.au/c/Ferret-www-ferret-com-au/Penrice-...

https://www.smh.com.au/business/penrice-soda-goes-into-admin...

https://www.smh.com.au/business/penrice-soda-traded-while-in...