Can you believe the government and their ETS, how soft. In todays Financial Review and in most other daily papers it outlines the fact that the government is going to bend to the opposition request and offset the impact on petrol through a reduction in excise, further to this they are going to compensate households and emission-intensive industries to soften the blow. How is this going to be effective??
This is madness, isn't the whole idea of the ETS to change behaviour, to encourage investment in new technologies. I get that we need to remain competitive until the rest of the world falls into line, however how is the government going to change behaviour if it continues to let people and business off the hook???
Don't get me wrong, I think the Rudd government is taking a huge step in the right direction, I just wish he had stuck to his guns!
Take a look at the Opposition, Brendan Nelson, what a complete knuckle head, the best he could come up with on the news tonight was 'Well the Rudd Government has just confirmed the introduction of a new tax on Australian families" what a complete idiot! This guy clearly does not get it.
The reality is that the cost of living will go up, tough.
I say we should include petrol and emission - intesive industries and use the money to build more train lines and buses, what about investing in R & D for new sustainable energy solutions or build a large fibre optic network to make workiong from home more realistic for those that can. We never hear the politians talking about this type of investment. The sooner we make it easier for people to buy green energy or catch more trains the sooner the supply/demand issues on pertrol will decrease.
There are some sensible and practical solutions available, they just require some investment.
Give me your thoughts on the ETS so far?
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