CO2 Tax Australia – More Investments At Risk From Carbon Tax And Other Costs

Some Australians grasp the truth!

PA Pundits - International

By Andrew Bolt ~

Didn’t the Australian Labor Government claim that Opposition leader Tony Abbott was reckless, alarmist and mendacious in warning its new taxes would drive away investment?

The local head of US energy giant Chevron, the biggest foreign investor in Australia, has warned $100 billion worth of projects are “hanging in the balance” due to soaring coats and declining confidence in the federal government’s policy settings…

Chevron Australia managing director Roy Kryzwosinski said resources projects in Australia were 40 per cent more expensive than in the US and its workforce was 60 per cent less productive than the US…

Mr Kryzwosinski today attacked the Gillard government’s move to introduce new transfer pricing measures on foreign investors which would be backdated to 2004…

The recent introduction of a carbon tax has imposed another additional cost not borne by overseas competitors. These costs add to the growing list of…

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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, World Issues and tagged , , , , . Bookmark the permalink.

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