The Australian Senate is now considering Senator Penny Wong’s draft (and daft) “Carbon Pollution Reduction Scheme Bill”.
The only truthful thing about the name is the word “scheme”, meaning “an artful and underhand design”. It is not about carbon nor about pollution, but about the role of carbon dioxide in causing global warming, and how to tax it and cap it. It should be called the “Carbon Dioxide Cap and Tax and Trade Scheme”, or the Cap-n-Tax Scheme for short.
It is a monster – the bill and its explanations run to nearly 1,000 pages. And it has been attacked from all sides. The Greens think it is too weak, the National Party wants to throw it out, the Liberals are still making up their minds and those who few members of the Labor party who still represent real workers who make things and get their hands dirty see it will kill their jobs, so their support is luke warm. Penny Wong is a strong, determined but increasingly lonely proponent.
Some industry is waking up. The coal miners, who have largely blindly supported their own death sentence in the hope that will make them loved (and because they hoped to get exemptions from buying emission permits) are now crying foul because they may not get a free ride. Most farmers are hostile, but some have vain hopes that they can turn a profit using soil carbon sequestration. Big metal refiners and smelters see it as a killer, but hope to get credits and exemptions. All the usual alternative energy vested interests are supporters. But the public is becoming very sceptical, so this bill will have a rough passage.
A link to the submission is:
Scrap the Cap-n-Tax Scheme
If anyone would like a pdf of the submission it is 226 kb in size.
Carbon Sense Coalition