coral seas ideas are much better than kommander krudds populist rants.
aussie makes no difference to the human beings gas emissions, which are insignificant to natures own path she takes.
rudds putting a tax on air, but some big polluting coys don't have to pay.
Quote:...........At the moment, coal provides around 80 per cent of the nation's electricity supply - 57 per cent from black coal, mainly from NSW and Queensland, and the rest from brown coal in Victoria.
That alone makes it an essential provider of Australia's base-load and peak-load energy needs for years to come, no matter the new commitment to 20 per cent renewable energy by 2020 or the increasing importance of gas.
But it also ensures that coal-fired power stations are regarded as the country's worst polluters, making them the most visual target of efforts to get that percentage down to help meet even the Rudd government's modest emissions reductions targets.
The difference is that while the generators will get $3.9 billion worth of free permits for their additional costs, the coal mining industry itself will get far less. The generators are complaining loudly that the compensation is inadequate and will impede necessary investment for power generation.
But the coal industry is, if possible, in an even greater state of outrage. In the domestic market, marginal mines are more likely to close sooner and others less likely to expand. That result is likely to be largely welcomed - except by those who lose their jobs - at least until electricity prices start to go up sharply.
Far less appreciated is the importance of black coal exports to Australia's national income as the world's largest exporter of coal. The Australian Coal Association is trying to remind the country that coal is actually the country's biggest export industry, with $46bn worth of exports last year. Exports take more than three quarters of the annual coal production.
That will continue to grow simply because of the increasing global demand for coal. But decisions to reduce the country's comparative advantage as an efficient producer and exporter by adding on costs not faced by its global competitors will clearly have an economic impact well beyond the individual mines. The US, for example, is not including coal emissions under its clean energy bill, passed by the House and still up for negotiation in the Senate.......
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http://www.theaustralian.news.com.au/business/story/0,28124,25943547-30538,00.ht...
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