Monday, 27 June 2011

Our carbon dioxide tax will be “economic disarmament”

Andrew Bolt, Herald Sun (Australia)

But China is making sure our coal will always be around for China to use, instead:


THE Gillard government is investigating potential loopholes in foreign investment regulations after it was revealed a Chinese mining giant spent $213 million buying 43 farms for coal exploration in the NSW Northern Tablelands.

Can’t Labor and the Greens see how incredibly stupid they are being? Can’t they read the lessons of these purchases? We’re cutting our own puny emissions by taxing our own use of coal in the vain belief that China will follow our lead. But China is buying more coal deposits precisely because sees its future as dependent on burning a lot more coal.

Compute, people. Compute.

No comments: