Australia Repeals 'Desttuctive' Carbon Tax

From WSJ:

The former Labor government, while introducing a price on carbon, said the move would help slash emissions by 160 million metric tons by 2020. It offered voters billions of dollars in compensation through tax breaks and welfare payments for increased costs stemming from one of the most dramatic reforms ever attempted in the energy-reliant economy.

Sound familiar? Typical left-wing schemes that say 'hey, we know it will hurt the economy but look at all the goodies and because environment!' When your idea stinks dress it up with 'free shit' and bull shit.

But after the global financial crisis took hold in 2008, followed by the end of a decadelong mining boom in 2012 that slowed growth and employment in the A$1.5 trillion (US$1.4 trillion) economy, Australian voters turned against climate laws—recognized by the International Energy Agency as model legislation for developed countries—blaming them for rising energy bills and living costs.

Yet Quebec and the Trudeau Liberals will repeat the same mistake! It's outrageous they could be so reckless. Canada is an energy dependent economy.

"Today the tax that you voted to get rid of is finally gone, a useless destructive tax which damaged jobs, which hurt families' cost of living and which didn't actually help the environment is finally gone," a jubilant Mr. Abbott told voters in a news conference after the Senate's decision.

Labor and Green opponents of the government said the repeal would make the country an international "pariah" on efforts to combat climate change.

"This is a fundamental moment in Australia's history. We are about to devastate the future of this country," said Labor Senator Lisa Singh in an impassioned speech warning the government that climate warming would impact most on future generations.

Nonsense. Climate policy based on flimsy and questionable premises is what will destroy the future of any economy. Fear-mongering is all they got.

Besides, hasn't she heard? Harper has made Canada a pariah for his skepticism on climate change first.

Question is. How will progressives in Australia react? They can be a rather hyper bunch.

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