CO2 Price

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FlySurfer
FlySurfer
NSW
4460 posts
NSW, 4460 posts
28 Jan 2013 3:55pm
Australia: A$23
NZ: NZ$2.51 ($2), www.bloomberg.com/quote/NZUSSPOT:IND
EU: Eur 4.12 (A$5.32), http://www.eex.com/en/Market%20Data/Trading%20Data/Emission%20Rights/European%20Carbon%20Futures%20%7C%20Derivatives

India: A$0.89
China: LOL
USA: ROFL
mattyjee
mattyjee
WA
575 posts
WA, 575 posts
28 Jan 2013 9:23pm
We all know it was just Labor's way of increasing taxes without increasing the more visible 'income tax' and pissing everyone off. Most people think that it's big evil corporations that pay and are too retared to see that it's actually just us as a consumer paying more for stuff and having sweet FA effect on the actual environment.
Underoath
Underoath
QLD
2434 posts
QLD, 2434 posts
29 Jan 2013 2:35am
The carbon price isnt the only cost.

Fee to audit your corporations carbon emissions.
Three days' work.
15k
kiteboy dave
kiteboy dave
QLD
6525 posts
QLD, 6525 posts
29 Jan 2013 10:03am
Mattygee: Emissions down 8% since introduction. Food cheaper than ever. Win Win. Stop buying abbott's cr@p.

Underoath: keeping some aussies in work?
evlPanda
evlPanda
NSW
9207 posts
NSW, 9207 posts
29 Jan 2013 2:52pm
mattyjee: Consumers are reimbursed come end of year.
https://www.cleanenergyfuture.gov.au/helping-households/household-assistance-estimator/

Underoath: Only affects the top 200 polluters, or those who may be close to that bracket I guess, as they are the only ones actually paying the carbon tax. I can't see why John & sons plumbing would need carbon pollution auditing.

Preemptive #1: By creating a financial incentive to lower carbon pollution.
Preemptive #2: I guess some people don't like contributing to a problem like this, no matter how small their contribution.
pweedas
pweedas
WA
4642 posts
WA, 4642 posts
29 Jan 2013 12:25pm
kiteboy dave said...
Mattygee: Emissions down 8% since introduction. Food cheaper than ever. Win Win. Stop buying abbott's cr@p.

Underoath: keeping some aussies in work?



So far most of the increased energy prices have been absorbed by the producers. They have not passed them on until they see how much impact the carbon price is having on their cost base.
Julia origianlly said that producers could not increase their prices unless they could justify the increases by showing definite proof of their cost increases.
Now, six months after the tax was introduced the numbers are now coming in and current assessment is that it is causing a 14% increase on their energy costs.
This will now be added to the production costs and passed on to the suckers downstream. They are passed on and on until they reach the end of the chain and cant be passed down any further. And if you are wondering who might be that far down the chain, it's YOU and ME.
Be prepared for a long string of price increases in everything you buy.
It was only bought in as a deal to keep the greens happy and on side.
If you want more of the same, vote greens. They still think the price is too low and it should be $45.
log man
log man
VIC
8289 posts
VIC, 8289 posts
29 Jan 2013 5:52pm
pweedas said...
kiteboy dave said...
Mattygee: Emissions down 8% since introduction. Food cheaper than ever. Win Win. Stop buying abbott's cr@p.

Underoath: keeping some aussies in work?



So far most of the increased energy prices have been absorbed by the producers. They have not passed them on until they see how much impact the carbon price is having on their cost base.
Julia origianlly said that producers could not increase their prices unless they could justify the increases by showing definite proof of their cost increases.
Now, six months after the tax was introduced the numbers are now coming in and current assessment is that it is causing a 14% increase on their energy costs.
This will now be added to the production costs and passed on to the suckers downstream. They are passed on and on until they reach the end of the chain and cant be passed down any further. And if you are wondering who might be that far down the chain, it's YOU and ME.
Be prepared for a long string of price increases in everything you buy.
It was only bought in as a deal to keep the greens happy and on side.
If you want more of the same, vote greens. They still think the price is too low and it should be $45.



Are you still trying to work out how the carbon tax works?
CMC
CMC
QLD
3954 posts
CMC CMC
QLD, 3954 posts
29 Jan 2013 4:59pm
mattyjee said...
We all know it was just Labor's way of increasing taxes without increasing the more visible 'income tax' and pissing everyone off. Most people think that it's big evil corporations that pay and are too retared to see that it's actually just us as a consumer paying more for stuff and having sweet FA effect on the actual environment.


Yep, and a far more digestible tax than what the Libs had in store. What do you think the unexplained hole was in Abbots numbers when he handed them over?

That would be an increase to the GST....... Reality is that we needed to pay more tax, the environmental card only pissed of half of society. Income tax or GST would have pissed off everyone.
FlySurfer
FlySurfer
NSW
4460 posts
NSW, 4460 posts
29 Jan 2013 7:25pm
CMC said...
Reality is that we needed to pay more tax, the environmental card only pissed of half of society. Income tax or GST would have pissed off everyone.


One of the richest countries in the world in terms of natural resources to population size and with one of the highest tax rates, and we need higher taxes?

Bermuda needs higher taxes, we should be living like Qatari's.
CMC
CMC
QLD
3954 posts
CMC CMC
QLD, 3954 posts
29 Jan 2013 6:31pm
FlySurfer said...
CMC said...
Reality is that we needed to pay more tax, the environmental card only pissed of half of society. Income tax or GST would have pissed off everyone.


One of the richest countries in the world in terms of natural resources to population size and with one of the highest tax rates, and we need higher taxes?

Bermuda needs higher taxes, we should be living like Qatari's.


We all complain about Taxes and prices of this and that.

You know, you can pay less tax and buy stuff much cheaper anywhere, you also earn less money BUT .....you have to live well....... not in Australia.

Fact is that we have infrastucture, a public medical and education system pretty much better than anywhere and we have an aging population.

Yes, we also have a lot of resources. K Rudd wanted to up the taxes on the resources, he was kicked out of government for it..... So yes, I imagine that an increase to taxes was necessary or no government in their right mind would introduce it.
sn
sn
WA
2775 posts
sn sn
WA, 2775 posts
29 Jan 2013 4:54pm
I always thought the intention of the co2 tax was that its supposed to be used for reducing or fixing global warming/ climate change (or whatever its latest newspeak name is)

If that was the case- how would a co2 tax plug a shortfall of general taxation revenue?

I mean, honestly- our government wouldnt really go and spend our hard earned cash on something they shouldnt be- would they? [}:)]

stephen.
ginger pom
ginger pom
VIC
1746 posts
VIC, 1746 posts
29 Jan 2013 8:25pm
The government are stupid and they waste money.

People don't like paying taxes.

The carbon tax is not perfectly formulated.

Some people don't "believe" in climate change.




Just thought I'd add something
Mr Milk
Mr Milk
NSW
3139 posts
NSW, 3139 posts
29 Jan 2013 9:07pm
sn said...
I always thought the intention of the co2 tax was that its supposed to be used for reducing or fixing global warming/ climate change (or whatever its latest newspeak name is)

If that was the case- how would a co2 tax plug a shortfall of general taxation revenue?

I mean, honestly- our government wouldnt really go and spend our hard earned cash on something they shouldnt be- would they? [}:)]

stephen.


The carbon pollution levy (remember it's not a tax) is actually meant to be revenue neutral. The money collected from the entities that have to pay it is supposed to be redirected in the form of tax cuts for low to middle income earners.
The idea is that if products which are made using a lot of energy become more expensive, two things will happen; consumers will shift their purchasing to substitute goods which seem to be cheaper, and manufacturers will respond by investing in lower energy technology to produce whatever they happen to produce.

Call it a consumption tax if you want, and I say that's a good thing. It makes more sense to tax expenditure than work (which is what income-tax is) because money in itself
has no worth. It's the goods that you get with it that mean that you are doing better or worse in an economic sense at any given moment.

And if we collectively want lots of goodies like roads and hospitals, then some way has to be found to raise the money to pay the people who build and run them.
kiteboy dave
kiteboy dave
QLD
6525 posts
QLD, 6525 posts
29 Jan 2013 8:10pm
Here's some economy / carbon tax myths busted in nice graph form. Everything is footnoted too, so while I can't say whether each one is true, it has a source shown which is a good start.

thefinnigans.blogspot.com/

Look back 50 or a hundred years. Look at the majority of the world today - poverty, famine, no water, no power, war, genocide, people just dying from basic diseases. We've won the lotto, each and every one of us. Just like the majority of lotto winners, a year later they're not happy. Wanting more, more, more.
petermac33
petermac33
WA
6415 posts
WA, 6415 posts
29 Jan 2013 6:30pm
The intention of the carbon tax was to stop the sea rising,a problem only a blind man can beLIEve exists.
pweedas
pweedas
WA
4642 posts
WA, 4642 posts
29 Jan 2013 7:14pm
log man said...
pweedas said...
kiteboy dave said...
Mattygee: Emissions down 8% since introduction. Food cheaper than ever. Win Win. Stop buying abbott's cr@p.

Underoath: keeping some aussies in work?



So far most of the increased energy prices have been absorbed by the producers. They have not passed them on until they see how much impact the carbon price is having on their cost base.
Julia origianlly said that producers could not increase their prices unless they could justify the increases by showing definite proof of their cost increases.
Now, six months after the tax was introduced the numbers are now coming in and current assessment is that it is causing a 14% increase on their energy costs.
This will now be added to the production costs and passed on to the suckers downstream. They are passed on and on until they reach the end of the chain and cant be passed down any further. And if you are wondering who might be that far down the chain, it's YOU and ME.
Be prepared for a long string of price increases in everything you buy.
It was only bought in as a deal to keep the greens happy and on side.
If you want more of the same, vote greens. They still think the price is too low and it should be $45.



Are you still trying to work out how the carbon tax works?


No. I'm not. Julia is.
She was silly enough to believe what she was told by the greens. And they are so smart that they think the boat problem can be solved by giving all the people in the immigration camps of Indonesia immediate entry into Australia.
Empty the camps they say.
That policy will be about as effective in solving that problem as the carbon tax will be in reducing CO2.
Whatever effect it might have will be swamped by one week of increased emissions from the rest of the world.
Actually, Julia didn't really care whether it worked or not so long as it secured the support of the greens.
It wasn't her policy. "There will be no carbon tax under the government that I lead",.. stated three (3) (iii) (0011) times.
pweedas
pweedas
WA
4642 posts
WA, 4642 posts
29 Jan 2013 7:16pm
ooooOooooh this is starting to sound heavy.
What weight does it have to be before it is off to the heavy forum.
I think it's up around fifty kilos at the moment.
Mr Milk
Mr Milk
NSW
3139 posts
NSW, 3139 posts
30 Jan 2013 12:57am


Are you still trying to work out how the carbon tax works?



That policy will be about as effective in solving that problem as the carbon tax will be in reducing CO2.
Whatever effect it might have will be swamped by one week of increased emissions from the rest of the world.
Actually, Julia didn't really care whether it worked or not so long as it secured the support of the greens.
It wasn't her policy. "There will be no carbon tax under the government that I lead",.. stated three (3) (iii) (0011) times.



That's the lowest common denominator argument. ie We should take no action, because we are told by some people in the media and politics, who themselves are willing to tell lies to get into office (remembered John Howard and his non-core promises) that we will be acting alone.
There is another section of the media that reports that the Chinese are doing their best to go to renewables, even though they are massively building coal-fired power stations. There is some merit in the argument that they are only catching up to the sort of standard of living that a quite poor person in the West enjoys.

I don't know which lot of media hacks is telling the truth.

I also don't know if it's true that the highest part of the Chinese government is occupied by people with science and engineering training, rather than the loud mouths we have who went to university to study Arguing 101.
But I'll take a punt on the Chinese having more of a sense of long-term outcomes given their 4000 year history and 40 or 50 years of working their way up the party hierarchy than the Abbotts, Gillards (game on, anyone?) and Alan Joneses that we have allowed to become our leaders.
pweedas
pweedas
WA
4642 posts
WA, 4642 posts
29 Jan 2013 11:31pm
I didn't say that we should take no action.
I'm saying that the carbon tax will not solve the problem.
The problem will not be solved by forcing people to use less energy by putting the price up. We will keep on using more energy and grizzle about how expensive it is and then demand we are paid more to pay for it.
And that's just us here in Australia.
The rest of the world is getting on the same train.
More people will want what we've got and that will require more energy.
The problem will only be solved by finding new ways of generating energy.
That's the action that we should be taking.
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