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	<title>Comments on: Cabinet agrees to extend coal comp, but government tight lipped</title>
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	<link>http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/</link>
	<description>now with extra source</description>
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		<title>By: Tom McLoughlin</title>
		<link>http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32980</link>
		<dc:creator>Tom McLoughlin</dc:creator>
		<pubDate>Fri, 31 Jul 2009 11:46:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32980</guid>
		<description>Ever since the ear studded CFMEU rep started electioneering for the &#039;green coal party&#039; against Work Choices in 2007 it was obvious this insincere ALP were all about wedging the Coalition and nothing much else. 

Truly the &#039;white&#039; man or major party for that matter will only realise you can&#039;t eat money when the last Liverpool Plains black soil paddock is an open cut, the last aquifer is saline,  the last 6 year old big red kangaroo is fluffy slippers, the last cheap house for rent is taken by one of 300K pa enthusiastic migrants here to boost the profits of Westfield, Meriton, ColesWorth etc etc ..... who finance said major party.</description>
		<content:encoded><![CDATA[<p>Ever since the ear studded CFMEU rep started electioneering for the &#8216;green coal party&#8217; against Work Choices in 2007 it was obvious this insincere ALP were all about wedging the Coalition and nothing much else. </p>
<p>Truly the &#8216;white&#8217; man or major party for that matter will only realise you can&#8217;t eat money when the last Liverpool Plains black soil paddock is an open cut, the last aquifer is saline,  the last 6 year old big red kangaroo is fluffy slippers, the last cheap house for rent is taken by one of 300K pa enthusiastic migrants here to boost the profits of Westfield, Meriton, ColesWorth etc etc &#8230;.. who finance said major party.</p>
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		<title>By: Jane Stabb</title>
		<link>http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32767</link>
		<dc:creator>Jane Stabb</dc:creator>
		<pubDate>Thu, 30 Jul 2009 04:25:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32767</guid>
		<description>Good article Bearnard, I think its a really important point you&#039;ve made about the dirty politicking surrounding compensation payouts. It is also important at this stage to remember the nature of Emissions Intensive Trade Exposed (EITE) industries and the compo they believe they are entitled to.  

EITE industry players are asking for handouts because they think they will be competitively disadvantaged in international trade when their carbon inclusive prices are compared with international firms that are not forced to include carbon pricing in costs and yet operate in the same international market. These EITE industries include the usual big polluters, aluminium sector, coal mining (for export) and others, but it does not include the stationary energy sector. Stationary energy is energy generated for domestic use.  It cannot be exported or imported (generally) and so it is not subject to international competition from firms outside the national CPRS. 

Coal fired power stations are thus not comparable to aluminium exports, and should be fully included in an emissions trading scheme WITHOUT compensation. Carbon costs should be fully passed on to domestic consumers where we will be able to choose between dirty expensive fuel and increasingly cheaper nice sunny clean stuff.</description>
		<content:encoded><![CDATA[<p>Good article Bearnard, I think its a really important point you&#8217;ve made about the dirty politicking surrounding compensation payouts. It is also important at this stage to remember the nature of Emissions Intensive Trade Exposed (EITE) industries and the compo they believe they are entitled to.  </p>
<p>EITE industry players are asking for handouts because they think they will be competitively disadvantaged in international trade when their carbon inclusive prices are compared with international firms that are not forced to include carbon pricing in costs and yet operate in the same international market. These EITE industries include the usual big polluters, aluminium sector, coal mining (for export) and others, but it does not include the stationary energy sector. Stationary energy is energy generated for domestic use.  It cannot be exported or imported (generally) and so it is not subject to international competition from firms outside the national CPRS. </p>
<p>Coal fired power stations are thus not comparable to aluminium exports, and should be fully included in an emissions trading scheme WITHOUT compensation. Carbon costs should be fully passed on to domestic consumers where we will be able to choose between dirty expensive fuel and increasingly cheaper nice sunny clean stuff.</p>
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		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32745</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Thu, 30 Jul 2009 03:42:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/07/30/cabinet-agrees-to-extend-coal-comp-but-government-tight-lipped/#comment-32745</guid>
		<description>I&#039;m struggling to think of a way they could make the scheme worse. Well, less effective anyway. Why isn&#039;t anyone saying &quot;yes your business will be less competitive. That&#039;s the idea. It&#039;s your fault and we&#039;re all going to die if we don&#039;t stop you.&quot;</description>
		<content:encoded><![CDATA[<p>I&#8217;m struggling to think of a way they could make the scheme worse. Well, less effective anyway. Why isn&#8217;t anyone saying &#8220;yes your business will be less competitive. That&#8217;s the idea. It&#8217;s your fault and we&#8217;re all going to die if we don&#8217;t stop you.&#8221;</p>
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