Nov 24, 2009

Households bail out business on dud CPRS

Australia’s biggest polluters will enjoy vast windfall gains under the compromise offered by the Government to extract support from Malcolm Turnbull for the passage of its CPRS.

Australia’s biggest polluters will enjoy vast windfall gains under the compromise offered by the government to extract support from Malcolm Turnbull for the passage of its CPRS.

As expected, big polluters, the coal mining industry and electricity generators will all receive additional and extended compensation that will inflicted more than three-quarters of a billion dollars on the Budget between now and 2020.

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37 thoughts on “Households bail out business on dud CPRS

  1. Bill Parker

    There IS something rotten in the state of Denmark (AKA Australia). Why do we let the bastards screw us so relentlessly? We just had a massive jump in electricity prices in WA. Looks like another one is on the way and for what exactly?

  2. Mr Denmore

    Why bother? This is all about symbolism and wedge politics. Once again, the public interest comes last and (most of) the media fails the public by reporting the story from a tactical rather than a policy perspective.

    You just can’t be too cynical when it comes to climate change politics in this country. It raises short-termism to new heights, or depths.

    I do feel sorry for Turnbull, though. He has the misfortune of being in charge of a party, that like the Republicans in the US, has been taken over by the lunatic right-wing fringe.

    If I were him I’d leave them to it and start a new Liberal Democratic party.

  3. denise allen

    If this goes through I will burst into tears….in fact I already have knowing that it more than likely to pass. I feel sick to the stomach and cannot believe they have allowed the big polluters to win – yet again…just disgraceful.

  4. Liz45

    DENISE – I will too! I think of what the planet will probably be like when my grandkids(ages 23-7) have their children, and I feel sick – really sick, heart sick, that the ALP has allowed itself to be ‘done over’ and they’re going to cop the hardship and decaying planet! All the bullshit leading up to the ’07 election? I fell for it too! However, I could never vote for the other mob???

    I hope that the Coalition don’t agree, that the Senate votes against it, and Rudd calls a double dissolution; with the result being, that more Greens are elected. Our last hope now! It’s very sad, and I’m bloody angry as well! Bastards!

  5. Jesuite

    Hmm. This CPRS has been rotating like a charcoal chicken over the coals for a while now and its rather obvious that all we’re left with is pure carbon dinner.

    BUT – What did anyone expect? It is plainly obvious the impetus was to pass something before Copenhagen, because Rudd, being the internationalist that he is wants to pre-empt this sucker, even if it is a turkey, and he wants to put any trussed up white meat on the plate for the global community to dribble over.

    Isn’t it an essentially good thing at least in the long term, that compromise has been made, greenie shafting has been had, and legislation will maybe pass? Because in the future this CPRS thing will hopefully going to be cooked into something serious by the reality of global warming. One might be happy some sort of legislative framework gets through and it’ll be fine tuning the feathers that will be the hard part of making this CPRS sting like it ought to.

    We know its a turkey, but better a turkey now than in 10 years time. It’s thanksgiving soon folks. And maybe the US (who really matter) will reciprocate with a CPRS turkey of their own. But at least we can say we cooked it badly first.


    Or, let’s play devil’s advocate here: the Greens could have actually offered to negotiate rather than stand on a moral high chair blowing raspberries of indignation, and Steve (“I’m an engineer with a learning disability”) Fielding could have been bribed with:

    1. No legal abortions
    2. No homosexual unions
    3. No sex education in government schools

    (Pick the least balmy one, or invent one of your own)

    …and Nick (“I’m in it for South Australia”) Xenophon could have been offered:

    1. Some free desal plants for Adelaide
    2. A thousand percent tax on pokies
    3. Presidency of the Senate

    ….once again, take your pick, or invent your own.

    Just possibly, maybe, if all of the above worked, the Greens and Independents could have passed a better scheme emissions trading.


    Oh well, we’ve got a bastard child of the loony left and the loony right, and ourselves to blame. The rent-seekers greased up the right and the loopy left are still on their moral high chair playing with their food.


  7. shepherdmarilyn

    The rent seekers sure are out but the whiners still don’t get it. Stop polluting. Turn off the frigging lights, the appliances, don’t drive to the shop.

    It is not one or two companies polluting Australia and the atmosphere, it is 21 million lazy pigs.

    If we don’t use so much electricity the coal fired stations don’t burn as much coal.

    See? Don’t drive as much, less petrol pollution.

    It ain’t rocket science yet Bernard still doesn’t get it.

  8. Daniel

    “Nick (“I’m in it for South Australia”) Xenophon”

    A senator representing the interests of the state that elected him?!? Holy crap, what a crazy idea.


    Daniel, it was meant to be ironic! See bribe #3! LOL

    The ETS is not just about S.A. either, in case you hadn’t noticed.

  10. adr0ck

    A couple of q’s if anyone can help:

    – Do the handouts change depending on which target they use? i.e., if the conditions for the conditional and maximum.?
    – What mechanisms are they proposing to use to ‘pretend’ voluntary action counts?


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