27 July 2015, The Guardian, Malcolm Turnbull undermines Abbott’s ‘electricity tax scam’ claim over ETS,. As the PM ramps up attack on Labor’s promised emissions trading scheme, the communications minister admits all emission reduction policies come at a cost: Malcolm Turnbull has cut through the slogans and semantics dominating the climate policy debate – pointing out that all policies to push low-emission electricity generation come at a cost to households, including the ones the government supports, and that the cost of renewables is falling. Tony Abbott on Monday unveiled a new three-word slogan to attack Labor’s promised emissions trading scheme – saying it was an “electricity tax scam”. The prime minister also labelled Labor’s promise to source 50% of electricity from renewables by 2030 “bizarre” and “unnecessary”, said it would cause “a massive overbuild in windfarms” and claimed it could cost “$60bn or more”. At his party’s national conference over the weekend, Labor leader Bill Shorten said Labor’s promised ETS was not a tax because it would have a floating price and would not begin with the fixed price like the former government’s scheme. “Let me say this to our opponents, in words of one syllable: an ETS is not a tax,” he said. Read More here
Tag Archives: Fed Govt
23 July 2015, The Conversation, Native forests can help hit emissions targets – if we leave them alone: The debate over native forest logging has been sparked once again, partly by the government’s successful push for wood burning to be included in the revamped Renewable Energy Target. However, the disagreement over the best way to manage Australia’s 9.4 million hectares of public native forest is thrown into sharp relief by analysis showing that ending native forest logging, and completing the the industry’s shift into plantations instead, would get Australia much of the way to its greenhouse gas emissions reductions target. Analysis done using the Australian government’s public native forest model suggests that stopping all harvesting in the public native forest estate would generate in the order of 38 million tonnes of potential credits (that is, the equivalent of 38 million tonnes of carbon dioxide emissions avoided) each year in the short to medium term.
While this is the technical capacity, the Kyoto Protocol’s rules cap credits from forest management at 3.5% of base-year emissions, or around 15 million tonnes of CO2 equivalent per year. So if Australia ratifies the second commitment period of the Protocol, which runs from 2013 to 2020, the cap would limit forest management credits to 120 million tonnes of CO2 equivalent over the commitment period. The Australian government’s latest emissions projections estimate that, in order to meet its 5% emissions-reduction target in 2020, Australia has to reduce its emissions by 236 million tonnes of CO2 equivalent over the second commitment period. This means stopping harvesting in public native forests could provide 51% of the abatement task to 2020. Read More here
15 July 2015, The Monthly, Of Clowns & Treasurers, Joe Hockey and the myth of Coalition economic management. Economists often speak in Latin, and in Greek. We love to wear folk down with a few deltas and gammas before finishing them off with a bit of ceteris paribus. But one of our best tricks is to use words that sound like English but to which we attach our own very specific meaning. We use simple-sounding words like “efficiency” and “unemployment” to draw the unsuspecting into our conversation. Then we slam the door on their fingers when they admit to thinking that unemployment is measured by the number of people on the dole (it’s not) or that efficiency means reducing waste (not to economists it doesn’t). While economics provides a bunch of simple tools to help break down complicated problems, the language of economics is more frequently used to confound and confuse. Especially when it’s politicians talking about economics. The primary purpose of the econospeak that fills our airwaves, most of which is complete nonsense, is to keep ordinary Australians out of the big debates about tax, fairness, climate change and the provision of essential services. Econospeak is a great way to limit the options on our democratic menu. Would you like a small tax cut and a small cut in services or a big tax cut and a big cut in services? What? You want to spend more money in health and education? You must be mad. Just imagine how “the markets” would react to such a suggestion. The whole strategy has worked a treat for the past few decades. But even the most impenetrable language can’t keep people believing that preventing climate change or letting sick people see a doctor is unaffordable, or that the best way to help the poor is to cut taxes for the rich. A year ago, the Coalition government said we were “living beyond our means” and faced a “budget emergency” that, if not addressed, would lead us “into the eye of an economic storm”. Sound scary? Relax. Joe Hockey did. This year there is no budget emergency. Indeed, during the May budget speech Treasurer Hockey was decidedly chipper. In 12 months he shifted from doom and gloom to urging everyone to look on the bright side of life. He used his budget speech to tell Australians to “have a go” and after the recent interest rate cut he urged us to borrow up big. Read More here
Federal Budget 2015 – environment experts react: Environmental and energy issues did not feature heavily in the Budget, although there was a A$400 million total package of assistance for drought-stricken farmers (particularly relevant in the week that the Bureau of Meteorology called an El Niño), as well as an extra A$100 million in funding for the Reef Trust, aimed at safeguarding the Great Barrier Reef. Below, our experts react to the budget’s environmental and energy measures. Read More here