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The War on Carbon
The Australian government has gone one tax too far, with Rudd’s Super Tax on the resource industry. Either this tax, or the government, will go. This was a desperate grab for money to fund all the silly stimulus packages and the continuing handouts to the Climate Change Industry. It is also a grab to centralise more control of resources in Canberra.
While the Super Tax would slash mining jobs and the value of super funds, it is minor compared to the large, insidious and long term damage that is already being done, and could still become far worse in the misguided war on carbon.
More: http://carbon-sense.com/wp-content/uploads/2010/06/war-on-carbon.pdf [PDF, 71KB]
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