THE RUDD GOVERNMENT’S HUGE CARBON EMISSIONS TRADING SCHEME FRAUD
On Thursday October 30, the Rudd Government decided to go ahead with its huge carbon emissions trading scheme fraud in 2010 based on Treasury modelling which displays the scheme would slow the economy only marginally, and allow household income to grow and not have too adverse an affect on heavy polluting industries.
In addition it is predicted the cost of energy bills for the average household would rise by a maximum $7 per week or $364 per year, when the fraudulent scheme begins in 2010.
The Government reiterated its promise to compensate all low and middle income households for the hardships they will endure which would cause a one off increase in inflation of between 1 per cent and 1.5 per cent.
Treasury Bureaucrats who have no scientific qualifications continue to support the carbon fraud perpetuated by the Governments biggest fraudster and spin doctor the economist Professor Ross Garnaut.
Treasury warned further delay would increase the cost of instituting action and the Prime Minister Kevin Rudd, denied Opposition demands to postpone the scheme due to the global financial crisis. He said it was possible to challenge the financial crisis while taking on the longer period problems of the climate change. He promised the implementation would be “cautious, sober and practical.”
A concerned industry challenged the assumptions which under-pinned the modelling, whilst many environmental groups criticised it for attempting to restrain the Federal Government from setting a modest target for reducing emissions. The unqualified Treasury Bureaucrats presented the Federal Governments with four options for cutting emissions by 2020 but two are fallacies.
The unrealistic fallacy option involve reducing greenhouse gas emissions by either 10 per cent or 25 per cent by 2020. However, they presume all world economies will start trading schemes together in 2013 covering all emissions sources.
The so called two “more likely” scenarios would involve reducing emissions by either 5 per cent or 15 per cent by 2020, resulting in a 60 per cent reduction by 2050. This 2050 target is Federal Government policy. In addition, the scenarios are modelled on the staggered global action outlined in the July green paper which involves Australia beginning an emissions trading scheme in 2010 and developing countries taking action from 2015.
It appears organisations such as the Climate Institute are releasing information regarding climate change which is entirely the opposite to the thoughts being aired by leading international scientists. Is it possible that organisations such as the Climate Institute are protecting their member’s future employment.
Treasury has not pencilled in the present economic crisis into its modelling because it was “unlikely to change the long-run trajectory of the Australian economy” and therefore “will not materially affect the analysis.”
Never have we seen and heard so much crap as what the Treasury and Professor Ross Garnaut are espousing regarding global warming and climate change. One has to question whether the aforementioned are government lackeys.
The truth of the matter is that the temperature has not varied by 1 degree over the last 100 years, and that is the opinion of the majority of our international scientists. And as far as the cost to the Australian community prices will escalate across the board.
If the Rudd Government continue to persist with the Climate Change Fraud one can only believe they want a “depression that Australia has to have.”
Link – Update September 2008, Part One
Global Warming – A Different slant Professor Ross Garnaut hits the road to sell the spin on climate change carbon market to have two bosses with one possible dark horse.