Electricity Bill …

Ms Gillard promised she would not introduce it.

She and Mr Swan heaped scorn on the then opposition for the suggestion that Labor would introduce it.

The nation saw Labor as liars when they did introduce it.

Energy prices and business costs have gone up because of it.

An optimistic forecast of its effect … restraining the increase in world temperature by 0.0034°C by 2100.

Prior to the last election Labor promised to abolish it.

The electorate certainly gave the Coalition Government the mandate to abolish it.

Today Labor joined with the Green to frustrate its removal.

It may be detrimental to the economy, useless for the environment but anything that hampers Australia’s recovery is good news for Labor because it reflects on Abbott.

 

Carbon tax …

The carbon tax, that Julia and Wayne promised we would not have, is designed to increase the cost of energy.

I played the Inverloch jazz festival again this year, in the past it has had problems with flood, this year it happened to coincide with a heatwave. One of the venues is a council hall. To avoid the carbon tax the council would not turn on the air conditioning. The result was that the audience fled to the one hall that they could sit in without melting whilst some great musicians played to an almost empty house.

The availability of affordable energy is almost the measure of a civilisation. In hot places like Australia or in cold places like the UK people on low incomes are being forced to make a choice between keeping their houses at a comfortable temperature and putting food on their tables.

But the most ridiculous side effect of this ridiculous tax, ridiculous because it will have no impact on the world’s climate, is the burden placed on hospitals.

VICTORIA’S cash-strapped hospitals have been hit with an extra $6.7 million in energy costs due to the carbon tax in just six months, new data reveals. State government analysis of hospital bills shows carbon charges made up on average 15 per cent of hospital energy bills. Herald Sun.

How incredibly stupid …

People said …

Brendon O’connor, Minister for Immigration and Citizenship, Feb 24 on Ten Networks “Meet The Press” …

People said we weren’t going to price carbon and bring in a very important market-based approach to reducing carbon emissions; it was done.

Quite so. For example Mr Swan on Meet The Press, August 15, 2010, said …

What we rejected is this hysterical allegation that somehow we are moving towards a carbon tax …

and on August 15, 2010 …

No, it’s not possible that we’re bringing in the carbon tax. That is a hysterically inaccurate claim being made by the Coalition.

And Julia promised on Channel 10, August 16, 2010 …

There will be no carbon tax under a government I lead.

Yes, Mr O’Connor some lying bastards did indeed say “we weren’t going to price carbon”.

 

Just for a change …

Various members of the Labor-Green Alliance on a floor price …

SECURING a clean-energy future, July 10 last year:

THE floor is designed to reduce the risk of sharp downward movements in the price, which could undermine long-term investment in clean technologies.

PM, July 11 last year:

PM: The price ceiling is $20 more than the international price.

John Laws: Why?

PM: Well, we just thought for stability …

PM, Hansard, September 13 last year:

THE bill also provides for a price cap and a price floor … This will limit market volatility and reduce risk for businesses …

Mark Dreyfus, Carbon Expo 2011, November 8 last year:

FOR those investing in abatement technologies whose value is sensitive to the level of the carbon price, a price floor helps reduce downside risk.

PM, November 9 last year:

WELL, we have set a floor and cap so that there can be stability in pricing … because people are making very long-term investments …

Penny Wong, Hansard, February 28:

OUR policy does include a price floor which acts as a safety valve for investors in low-emissions technology by establishing a minimum price for the first few years.

Christine Milne, May 4:

ESTABLISHING a floor price is critical to certainty, as is sticking by an agreement once it has been delivered.

Milne, May 8:

GETTING rid of it would not only be a blow to business certainty but would also potentially blow a hole in the budget.

Greg Combet, The Australian, July 5:

WE have legislated a three-year fixed price period. We are committed to the whole package.

Milne, Radio National Breakfast, July 4:

IF you allow the volatility that has occurred in Europe, you get kind of chaos in the system.

Well, we just thought for stability we’d change our minds. As of yesterday the floor price is out, our carbon price will be linked to the European price.

The compensation stays in … how’s that budget looking, Wayne?

I’ll huff & I’ll puff …

PRIME Minister Julia Gillard has given the states four months to come up with ways to slow surging energy prices or face market watchdogs with more powers to ease the pressure on households.

…Ms Gillard said the average electricity bill had risen by at least 48 per cent over the past four years.

“And Australians can’t afford the same kind of increases over the next four years,” she told the Energy Policy Institute of Australia in Sydney on Tuesday. Herald Sun.

The whole point of a carbon tax is to make energy sufficiently expensive that renewables can compete with coal. Renewables are hideously expensive. QED.

The benefit of the Carbon Tax …

As calculated by Roger Jones …

One question asked then was how much would Australian policy reduce global temperatures? Using a simple model, and assuming that Australian greenhouse gas emissions were reduced by 5 per cent from 2000 levels by 2020 and this reduction was maintained through to 2100, the resulting global benefit would be a reduction of 0.0038 degrees in 2100.

Very large cost, very small benefit.

How much … ?

From the Australian

…Liberal MP Andrew Laming … estimated the cost of the carbon tax on hospitals at between $1044 and $2400 a bed this financial year. …

Tanya Plibersek doesn’t believe it …

A spokesman for federal Health Minister described Dr Laming’s analysis as deceitful. “The Commonwealth Treasury and Department of Health and Ageing estimate that the impact of the carbon price will only be 0.3 per cent on hospital costs,” he said. “This is equivalent to only 1c for every $3 spent on hospitals.

Sinclair Davidson at Catallaxy Files does the maths for us …

In 2009-10, an estimated $46.3 billion—about 3.6% of Australia’s gross domestic product or about $2,180 per person—was spent on Australia’s hospitals

So a quick back of the envelope (on dated data):
1/300 = 0.00333, then multiply that by 46.3 billion = 154.3 million. With about 85,000 beds across Australia that works out to $1815 per hospital bed on average – more or less what Andrew Laming estimates it to be.

So it looks like the carbon tax will be adding $154.3 million dollars to the health budget without any contribution to improved health outcomes.