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First of all the economists are wrong.
http://www.theaustralian.com.au/news...-1226094670407
THE federal opposition insists its direct action plan to tackle climate change is better than Labor's carbon tax, despite criticism from economists.
A study by the Economic Society of Australia, released this week, found 60 per cent of economists surveyed supported the government's move to put a price on carbon from mid 2012.
By contrast, 85 per cent opposed the opposition's direct action plan which aims to fight climate change through initiatives such as planting more trees.
Opposition treasury spokesman Joe Hockey rejected the survey today, saying economists often had differing opinions and could be wrong.
"There has been consensus among economists in the past. They agreed that the government should have spent a lot of money on the GFC, we argued it was too much and we've been proven right and they've been proven wrong," he told reporters in Cairns.
"I have a great deal of respect for economists but at the end of the day they are not elected to run the country."
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Next the miners themselves are wrong.
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Earlier, Mr Hockey also dismissed a claim from Macarthur Coal chairman Keith De Lacy that mines could absorb the cost of the carbon tax in the short term.
Mr De Lacy, a former Queensland Labor premier and outspoken critic of the tax, also said has said he doesn't expect job losses "at this stage".
"The productive mines can absorb the carbon tax while the price is where it is, with demand stronger than supply, but if the price falls back to long-term averages then that is when the mines will suffer," he told The Australian.
But Mr Hockey said Mr De Lacy was trying to talk up his company's prospects in the face of a $4.7 billion takeover offer from US-based Peabody Energy.
"He's wrong, his own coal association says it's going to cost jobs ... He's got an offer from someone for his company and he's saying 'hang on, it's not that bad'.
"He wants to sell his company, he wants to talk up the assets," he told ABC Radio.
"He's not going to be frank about it ... he's not going to say the coal industry is in trouble."
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Talk about digging a farking hole, keep talking Joe. LOL
Chook.
http://www.theaustralian.com.au/news...-1226094670407
THE federal opposition insists its direct action plan to tackle climate change is better than Labor's carbon tax, despite criticism from economists.
A study by the Economic Society of Australia, released this week, found 60 per cent of economists surveyed supported the government's move to put a price on carbon from mid 2012.
By contrast, 85 per cent opposed the opposition's direct action plan which aims to fight climate change through initiatives such as planting more trees.
Opposition treasury spokesman Joe Hockey rejected the survey today, saying economists often had differing opinions and could be wrong.
"There has been consensus among economists in the past. They agreed that the government should have spent a lot of money on the GFC, we argued it was too much and we've been proven right and they've been proven wrong," he told reporters in Cairns.
"I have a great deal of respect for economists but at the end of the day they are not elected to run the country."
__________________________________________________ ______________________
Next the miners themselves are wrong.
__________________________________________________ ______________________
Earlier, Mr Hockey also dismissed a claim from Macarthur Coal chairman Keith De Lacy that mines could absorb the cost of the carbon tax in the short term.
Mr De Lacy, a former Queensland Labor premier and outspoken critic of the tax, also said has said he doesn't expect job losses "at this stage".
"The productive mines can absorb the carbon tax while the price is where it is, with demand stronger than supply, but if the price falls back to long-term averages then that is when the mines will suffer," he told The Australian.
But Mr Hockey said Mr De Lacy was trying to talk up his company's prospects in the face of a $4.7 billion takeover offer from US-based Peabody Energy.
"He's wrong, his own coal association says it's going to cost jobs ... He's got an offer from someone for his company and he's saying 'hang on, it's not that bad'.
"He wants to sell his company, he wants to talk up the assets," he told ABC Radio.
"He's not going to be frank about it ... he's not going to say the coal industry is in trouble."
__________________________________________________ ______________________
Talk about digging a farking hole, keep talking Joe. LOL
Chook.
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