Thursday, February 21, 2019

Australian virtue signaling peak: We can have a Labor Govt or an extra half trillion dollars

The next Australian election is coming mid year (the pollsters are calling)

The Labor opposition in Australia is doing its best to tempt us with promises they can improve the weather.  They say they'll make us rich and popular too. But a former big-wig in the Australian bureaucracy thinks the bill for that will leave a third of a million people unemployed, and cost nearly half a trillion dollars.

The Labor opposition in Australia wants to make our hair-shirt 26% target into a bed of nails at 45%.

Carbon cut apocalypse: cost of ALP energy plan

by Simon Bensen, The Australian

Labor's 45 per cent emissions-­reduction target would push electricity prices 50 per cent higher, cost workers up to $9000 a year in lower wages and wipe $472 billion from the economy over the next decade, according to the first independent modelling of the energy policies of both the government and opposition.

The Liberal (erstwhile conservative party) wants to spend $70bn on weather control.

The Coalition's commitment to meeting a 26-28 per cent reduc­tion under the Paris Agreement would also come at a cost, with $70bn in cumulative economic losses by 2030 and a [...]

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