$10 billion more of your cash

November 9 2009

Wow.!

KRudd's dream of slashing Australia's emissions - which are too tiny to
affect the world's temperature, anyway - sure doesn't come cheap:

"VICTORIA and NSW could get two gas-fired power stations, with TRUenergy
planning to spend more than $2 billion to slash emissions and provide
cleaner power to about 1.2 million homes. "

"But the company says this will depend on it receiving enough compensation
under the Federal Government's Carbon Pollution Reduction Scheme, due to be
put to a Senate vote as early as next week. TRUenergy argues that unless it
remains profitable, it will be unable to move away from brown coal
electricity generation to cleaner technologies.... "

"Climate Change Minister Penny Wrong said the Government's CPRS would
provide more than $3 billion worth of assistance to coal-fired electricity
generators to help them transition to a carbon price.... But Mr McIndoe said
$3 billion ''wouldn't even come close to providing reasonable assistance''
and that $8 billion to $10 billion was the ''bare minimum'' needed."

So we'll pay $10 billion to get power that will actually cost us more, and
drive some industries overseas.

And this is just a small part of KRudd's plan - which won't actually lower
temperatures anyway.

Get the idea you're living in a madhouse, where the only sure thing is that
someone is spending your money?

Do you wake up each day now and wonder: "What wild scheme will KRudd spend
fresh millions on today?"

UPDATE

The costs keep mounting. Now a St Vincent de Paul study calculates the cost
of Rudd's colossal tax on emissions on the power bills of the poor:

"The study warns that the Federal Government's Carbon Pollution Reduction
Scheme will add an additional $240 ...."

http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/com...

Warmest Regards

Bon z0

"It is a remarkable fact that despite the worldwide expenditure of perhaps
US$50 billion since 1990, and the efforts of tens of thousands of scientists
worldwide, no human climate signal has yet been detected that is distinct
from natural variation."