Coal industry talks on carbon tax end in "deadlock"

Open cast mines in the Hunter Valley

Should we have expected anything else? The carbon tax is a direct attack on the coal industry, and no amount of “compensation” will change that. The government is sinking yet further into the mire.

TALKS between the coal industry and the government have ended in deadlock, with key coal representatives telling the government they cannot accept the industry compensation package on the table and Climate Change Minister Greg Combet sticking to his position.

In the meeting in Canberra yesterday, the coal industry argued for a phased-in approach to the auctioning of emissions permits and the staged inclusion of so-called fugitive emissions (the release of greenhouse gasses during the mining process).

In a submission to the government, the Australian Coal Association argued: “It is perplexing that the government has arrived at variations on its old proposals previously shown to deter investment, reduce Australian competitiveness and destroy Australian jobs in favour of enhanced opportunities for overseas competitors for no environmental gain.” (source)

How many of Australia’s key industry sectors does this government intend to alienate in its attempts to appease Bob Brown, I wonder?

Comments

  1. Confusious says:

    Saying that gods make those they want to destroy mad is so applicable to that bunch of neo-communist Green-labour retards. As far as Oakeshott and the other so called independents are concerned, they were mad before all that melt-down. One can only hope that these turncoats will get back with interests what they rightfully deserve.

  2. When the Department of Climate Change were instructed by Penny Wong to prepare a Brief to discredit the Opposition Climate Change Policy on the 3rd February, 2010. They included a couple of paragraphs that are now an embarrassment to the Gillard Government now.

    They state that:
    “We have scaled the current implicit carbon cost of GGAS for inflation to arrive at a conservative effective estimated purchase price of $50 per tonne in 2020.”

    “It is also supported by analysis based on McKinsey data and a reality check against estimates in the DCC projections and Treasury modelling. Past economic modelling of domestic action has suggested that, without use of international permits, Australian carbon prices would be significantly higher than the price we have used in calculations. Hence we are confident the above analysis is conservative”.

    Penny Wong may now be Finance Minister but she used this information to denegrate Tony Abbott maybe Gillard should accept the fact that what goes around comes around to bite her on the bum!

  3. I always called them open-cut mines, rather than open-cast. I could be wrong. Probably am.

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