October 31, 2014

Carbon Tax Myths

Are we preaching to the choir here at My Green Australia? Yeah probably but let’s talk about this anyways! CARBON TAX! DUH DUH DUUUUUHHHHH.

Julia Gillard is sliding down in the polls, people believe she lied about carbon tax, people believe the government is run by the The Greens and others just think we are sending our economy to the dogs.

So what are the myths about carbon tax? (via SayYesAustralia.org.au)

Myth 1: It’s a tax on you.
The price on pollution is not a tax on individuals, on households, or on small or medium-sized businesses. It’s a tax on the top 1,000 biggest polluting companies in Australia – the top 1% who produce 75% of Australia’s pollution. Until now, these companies have been allowed to pump their waste into our air for free. Crazy, eh?

Myth 2: Households won’t be able to afford it.
Australia’s top 1,000 corporate polluters should foot the bill, with pass through costs to the average household electricity bill expected to be around a cup of coffee per week.

With half the money raised by the tax to go to low and middle income households as compensation, 2.6 million households should in fact be better off! The rest of the money should go to supporting investment in clean energy and compensating affected industries.

Myth 3: It will cost thousands of jobs.
Climate action doesn’t kill jobs, it creates jobs.
Modeling by the CSIRO, Treasury and many others supports that Australia can take bold steps to reduce emissions AND drive overall employment growth. The CSIRO predicts an extra 2.5-3.3 million jobs by 2026, including strong growth in industries like construction, transport, agriculture, manufacturing and even mining.

Climate Institute research found that regional Australia could see to a net increase of 34,000 jobs with a price on carbon and clean energy policies

Myth 4:  Business doesn’t support it.
Business wants certainty so it can make decisions about where to spend money.

Every day more of Australia’s leading business leaders are going on the record in aupport of a price on pollution – from the CEO’s of major banks to the Chairman for Gloucester Coal himself  (who also runs Mirvac and Pacific Brands) because as the head of NAB said “it will drive certainty, it will drive investment

Myth 5: It won’t make a difference.
A price on pollution wlil help our economy and our environment.

It should give companies a reason to clean up their act and drive investment in clean energy technology that Australia can sell to the rest of the world. We’ve already got some of the world’s largest solar plants announced for NSW and QLD. A price on pollution will ensure we do our bit and our economy doesn’t get left behind. We’d be crazy to say no.

Myth 6: Australia shouldn’t act until the rest of the world does.
The longer we wait, the worse off we’ll be.

The world is acting. 31 countries have put a price on pollution. 27 countries have full emissions trading schemes. India already has a tax on coal. A regional scheme is in preparation in China, where they have some of the world’s strongest policies to drive the uptake of renewable energy and electric cars.

Myth 7: Australia is dependent on coal for our prosperity.
83% of coal profits currently head overseas.

Coal companies play a role, but not the only role, in Australia’s economy. More people are employed by Woolworths, or tourism to the Great Barrier Reef, than by mining. Multi-national mining companies are getting rich off Australia, but have spent millions to fight climate action and avoid paying a greater share of their profits back to the Australian people. Big coal can easily pay a little more to give back and compensate for the pollution they create.

Myth 8: Direct action is better.
Direct action involves using taxpayers’ money to pay polluters in the hope that they will reduce their emissions. In the end, households pay more, and polluters continue to pollute. Not a single credible economic or environmental expert has been found in support of this approach.

Myth 9: Clean energy can’t power Australia
Clean power is getting cheaper, more efficient and more widespread every day. Tens of thousands of homes across the country already get their power from wind farms or their own solar panels. Massive new solar plants in Moree, Chinchilla and Coolum have been announced, which will power thousands more.

Pricing pollution will make clean energy cheaper and bring more clean-tech investment into Australia. Just imagine if the goverment support and taxpayers subsidies that have gone to coal and gas over the last hundred years had gone to clean power instead!

Myth 10: We should have a market-based approach, not a tax.
A tax gives companies a direct incentive to clean up their act now, and puts the biggest polluters in control over how much tax they pay: if you don’t want to pay for your pollution, invest in better ways to pollute less. But a tax is only an interim step to a emissions trading scheme, expected in 2015.

VIA Say Yes Australia

MORE FACTS FOUND HERE

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Comments

  1. Great. It’s really important to clear the air regarding this Carbon Tax, and this article does just that. The myths have been de-bugged in this article, and hopefully the Australian public becomes aware of that. Say yes, Australia!!!

  2. So I get it when you say the only cost to us is equivalent to a cup of coffee with electricity to rise by how much did you say? Then how come the cost of a plane ticket just went up with Qantas who clearly have indicated it’s because it’s to off set their annual 115 million dollar carbon tax bill. Which is what will happen as each company passes on their carbon tax bill to us. So how much will a cup of coffee cost us soon ……………………watch this space.

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