AGW – Carbon Tax claimed to be destroying Australian economy.


This article has got the principle right. The carbon Tax will increase costs to the consumer and is appearing to cause lack of viability for businesses. The examples are basically hearsay and/or anecdotal, are likely true but not absolutely confirmed to be correct.

Businesses have been known to exaggerate or shift blame for increasing prices, closing down, moving off-shore or reducing development citing the carbon tax.

Here is an example of the confusion. “BHP mothballs Olympic Dam expansion” Blame on the Carbon Tax and the Mining Tax are included with mineral ore demand and price factors, by various people.

BHP’s change of heart, in regard to another instance, (“$US20 billion outer harbour expansion at Port Hedland will not be approved in the next 12 months”),  “The decision is a stunning change of direction in the space of six months, after BHP announced $US917 million in preparatory spending on the outer harbour on February 2.”, hasn’t been adequately explained as not influenced by the Australian Carbon Tax. (Ref ‘FarmOnLine News’ post).

On the other hand, the government have been quite categorical in claiming minimal adverse effects from the carbon tax and that is something that probably no-one actually believes true, and in my opinion, is certainly not true.

 

About Ken McMurtrie

Retired Electronics Engineer, most recently installing and maintaining medical X-Ray equipment. A mature age "student" of Life and Nature, an advocate of Truth, Justice and Humanity, promoting awareness of the injustices in the world.
This entry was posted in AGW, AUSTRALIA, carbon tax, climate change, ENVIRONMENT, Financial Crisis, Politics and tagged , , , , , , . Bookmark the permalink.

1 Response to AGW – Carbon Tax claimed to be destroying Australian economy.

  1. Pingback: The GOLDEN RULE

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