https://www.macrobusiness.com.au/2019/10/aussie-gas-imports-absurd/Cancelling that BS tax was the right thing to do. That tax deserved all the whoo har it got and probably more and if TA did nothing else right he did this right. The CO2 tax did nothing for the Environment and we don't need it as can be see over the last 6 years since it was cancelled.
I remember all the fuss and bollocks from Abbott and co over the carbon tax, six years later, what a debacle. He and several other right wing loons should be jailed.
Oh great, you are quoting the ANU, a history of producing interesting results like, "Australia has limitless pumped hydro", which was determined by looking at every possible place you could build a dam without consideration if its Env acceptable, Socially acceptable, economic, practical....
Of the so called 6-9 mtpa of CO2 claimed to have been saved by CO2 tax, around 6 mtpa can be attributed to the closure of Point Henry and Kurri Kurri Aluminum smelters in both energy generation and internal process. However all that has been done is that CO2 emissions were off-shored to India and China which make aluminium burning crap coal or worse, our coal, or the ME which burns natural gas. Hooray for the Australian CO2 tax and the morons who put it there, it achieved so much!!!!!
Of note, Kurri Kurri was scheduled for replacement with modern smelting technology which was initially placed on hold due to the rising $A and salaries of the Hunter valley and which was immediately cancelled outright by its Norwegian owners on implementation of the CO2 tax and a NSW govt that pulled the new power contract at the 11th hour with no explanation.
Australia's CO2 per capita peaked in 2009 at around 18t/person/pa and now 15t/person/pa and continues to decline, so despite a right leaning govt for last 6 years, the CO2 consumption continues to fall, mostly on the back of more efficient cars and reducing age of the national fleet, closure of some of the older coal power stations, more efficient operation of the remainder and RE expansion and significant uptake in PT in the major cities again all continuing despite the loss of the CO2 tax.
So what did the CO2 tax actually achieve, in short it was SFA.
- Taxed freight rail over trucks
- Taxed commuter rail over cars
- Taxed the higher income earners using modern cars and energy efficient housing
- Compensated those driving older cars and with less efficient housing
- taxed industry, but did not provide alternatives
- taxed the power sector and did not provide alternatives for which then and now alternatives for base load power or night/windless day RE power generation is still lacking an affordable technically viable solution.
While wholesale power prices have peaked and decline in most states, the exception is the Peoples Republic of Victoria where the Premier and the Yes gang who support him openly do not support 24/7 RE options to replace Hazellwood and infact live in denial of the loss of Hazellwood has actually caused any problems despite the power price tripling. The PRV since the closure of Hazellwood still have no increased their peaking gas capacity since the early 2000's, have not funded or sort to fund any hydro project including SNOWY 2.0 or expansion of Bass Link. The PRV Premier and his Yes team continue their publicly hate relationship with their coal generation and the operators, even taxing them but offering nothing in return. A
At least SA was small enough that this brain dead behavior was almost manageable being supplied from the eastern states, mostly Vic while HAzellwood was in operation noting that SA is now supporting Vic's peaking demand until the end of the upcoming summer when Torren's Island is partly closed.
Up until the 2000's the states managed their own power generation affairs, most still are to some degree including SA, why does Vic need an invitation to do the same?
So no, we don't need the CO2 tax, it did nothing for us before, we have proven we don't need it now. ALso interesting at the time Australia was supposed to join the EU ETS, however the Greens opposed, why because the price crashed. No longer suited their wealth grabbing agenda.