Category Archives: Treaties
How Whitlam paved the way to destroy manufacturing by signing Lima Declaration 1975
Senator ANNING (Queensland): I rise today to oppose and condemn the Customs Amendment (Comprehensive and Progressive Agreement for Trans-Pacific Partnership Implementation) Bill 2018 and related bills, that enable what is commonly called the Trans-Pacific Partnership. This agreement is bad for Aussie business and bad for Aussie workers and families. Because of this, I foreshadow that I will be moving a second reading amendment to the bill.
The Trans-Pacific Partnership agreement might be great for Vietnam, the Philippines and other low-wage Third World economies, but it is very bad for Australia. This agreement is but the latest in a long line of deals with foreign countries that give away Aussie jobs and industry to supposedly disadvantaged foreign nations, beginning with Whitlam, who put a wrecking ball through Australian industry with his unilateral tariff cuts. Subsequent Liberal and Labor governments have all been infatuated with the internationalist vision of trade. In 1975, the Whitlam government signed the United Nations Lima Declaration, through which the Australian government sold out Australian industries and workers by specifically agreeing to transfer manufacturing to Third World countries, supposedly to help them develop. Almost every move to liberalise trade since that day has led to a net transfer of jobs and industry away from Australia and the current TPP is just the latest outrageous example. Giant transnational corporations love the Lima agreement, of course, since taking jobs away from decently-paid Aussie workers and instead employing Third World semi-slaves made them a fortune. Perhaps that is the reason why both Labor and the Liberals agree on these kinds of trade deals. The Left think that our national prosperity is something to apologise for and that we have an unending obligation to subsidise foreigners. In practice, if not intent, the capitalist globalists agree with them. Transnational corporations don’t care about the best interests of Australians, only their own profits, and profits are larger if you employ Third Worlders on slave wages than if you employ Aussies on decent award wages.
Like all post-Lima declaration trade deals, the TPP will allow foreign multinationals the right to dictate terms to our government regarding rules and regulations. The TPP will see Australia’s sovereignty further eroded. This agreement will allow cheap foreign goods from countries with historically bad safety regulations to flood the Australian market. The TPP will see food from countries with almost non-existent workplace health and safety standards enter Australia—just like the Asian white spot disease, which was introduced and devastated our prawn sector. The TPP will see hardworking Australians fighting against workers whose wages would be considered slavery in Australia. Their wages are so low that they struggle to afford food, shelter or clothing. To protect our sovereignty, food security, wages and work, the TPP agreement must be rejected.
Australia was once a nation of doers, hard workers and builders. We tamed the harsh, dry land of the outback. We built massive infrastructure projects, like the Snowy scheme. Australia was the land of the worker and the farmer. Now, ever since the Whitlam era, we have seen a Liberal-Labor consensus in favour of globalism, foreign ownership, exporting jobs and importing cheap foreign labour. This has resulted in Australia becoming the land of unemployed university graduates and foreign workers. Our major parties have allowed Australia to become a nation without work, with our remaining major industries, mining and hospitality, digging things up and selling them to foreigners, and serving dinner and drinks to our foreign overlords. Our once prosperous economy has been raided and pillaged by multinational corporations. That is exactly what Australia has seen with these global trade agreements.
We have seen the demand for labour drop as factories move overseas, while the major parties allow foreign workers to flood the country. This has caused the devastating problems of wage stagnation and the casualisation of our workforce. Without a proper wage and stable, full-time work, how can Australians provide for their families? Before Whitlam, 70 per cent of the Australian workforce were employed in decent, well-paid jobs in manufacturing. Now there are barely any. One-sided trade deals since the Lima declaration, like the TPP, have seen almost all of our manufacturing closed down. The Liberal-Labor consensus is happy to see the whitegoods industry gone, the textile industry gone, the glass industry gone, the steel industry gone and, of course, the Aussie motor industry gone. Whatever we have left will be destroyed by the TPP.
The first focus of any Australian government should be the long-term security and prosperity of Australian families and Australia. Families are only strong when there is stable, well-paying, full-time work. A nation is only strong when families are thriving. My amendment goes to the heart of this issue. My amendment will provide that further consideration of the bill will be postponed until the TPP agreement is renegotiated to exclude countries with low wage levels and countries that provide direct or indirect subsidies for key products. My amendment will protect the jobs and conditions of Aussie workers. I ask my Senate colleagues to think again about this UN-inspired globalist compact, voting for my amendment or rejecting these bills if my amendment is unsuccessful.
Chamber Senate on 15/10/2018 Item BILLS – Customs Amendment (Comprehensive and Progressive Agreement for Trans-Pacific Partnership Implementation) Bill 2018, Customs Tariff Amendment (Comprehensive and Progressive Agreement for Trans-Pacific Partnership Implementation) Bill 2018 – Second Reading Speaker: Anning, Sen Fraser Transcript and Image from Parliament of Australia Website 2018
The SSM plebiscite could have been hacked with a predictably skewed result. In any case Cairns News has a long-standing policy of ignoring the gender neutral campaign started years ago by the feminist movement, contemporaneously referred to as the ‘femminazi’ collection of dykes.
Canberra is infested with thousands in this clique. They sit in the multitude of offices found in the Prime Minister’s Department many drafting bills such as the SSM legislation which was passed yesterday in the Lower House.
This newsletter will continue to use the grammatically correct terminology of Mr; Mrs; husband; wife; de-facto; girl; boy; married couple; fisherman; waiter; waitress, ad infinitum.
Time after time Australia has been the guinea pig for the cultural revolution orchestrated by the United Nations and the
Dark Government which is largely unknown to the average Australian. The SSM continues the tradition paving the way for the seemingly normal people remaining on the planet. Every day Mormon lifestyles seem more attractive.
The growing fascism emanating from state parliaments will be evident to all when the Queensland ALP begins its legislative attack on the business and farming sectors during this term of parliament.
The campaign to restore the Upper House should begin in earnest drawing its members from the existing number of state politicians without adding any more. – Gil Hanrahan
by ABC national rural reporter Brett Worthington
The validity of the Federal Government’s backpacker tax is under fire, a year on from the legislation passing the parliament.
It’s almost exactly a year since the Coalition struck a deal with the Greens to impose a 15 per cent tax rate on working holiday makers.
But proceedings initiated in the Queensland Federal Court today claim the backpacker tax breaches international treaties and discriminates against foreign workers.
The backpacker tax taxes all working holiday maker earnings at 15 per cent. Previously, they were eligible to earn up to $18,200 tax free.
Irish-based Taxback.com has initiated the legal action on behalf of workers from the United Kingdom, United States and Germany.
“There is a breach with double taxation agreements,” Taxback.com’s Eileen Devereaux told the ABC.
“There’s an audience that arguably don’t have a voice on the ground.”
The legal action claims the backpacker tax is in breach with treaties Australia has with the UK, US, Germany, Finland, Chile, Japan, Norway and Turkey.
Ms Devereaux said workers from these countries represent 50 per cent of people who travel to Australia on 417 and 462 working holiday visas.
A spokesman for Treasurer Scott Morrison said he could not comment on the matter because it was now before the court.
The news has come as a surprise to federal politicians and agricultural lobby groups.
All had assumed the debate was over and industries had adopted the new tax rates.
Prior to last year’s deal with the Greens, the backpack tax debate raged for 18 months, with the agricultural and tourism sectors claiming the uncertainty was harming their industries.
Ms Deveraux said international lawyers wrote to the government to flag their legal action in September.
She said the government responded to that letter and she hoped further negotiations would ensue.
Ms Devereaux said she hoped the government would seek to reinstate previous working holiday maker legislation to prevent the legal action from needing to proceed.
She said the backpacker tax risked giving Australia a poor international reputation.
“These individuals are de facto ambassadors for Australia,” Ms Devereaux said.
“They ultimately fuel the tourism industry and sector into the future when they bring back their various experiences of Australia locally.”
22 November 2017: Bob Katter MP, Federal Member for Kennedy, is furious former Deputy Prime Minister Barnaby Joyce took part in selling Adani to China after news the Adani Group is close to securing finance for its coal mine and railway track in coming weeks with Chinese state-owned enterprises, banks, and export credit agencies backing the venture.
Media reports a director of Adani Mining said just days ago they would no longer need funding from Northern Australia Infrastructure Facility (NAIF) and a formal announcement of a financial close was imminent. It was reported in The Australian on Nov 14th Former Deputy Prime Minister Barnaby Joyce and Trade Minister Steven Ciobo wrote to top Chinese officials to vouch for Indian giant Adani. The report said they sent a letter to the chairman of China’s powerful National Development and Reform Commission saying they welcomed “foreign lending to support the development of major projects in Australia”.
“If you sell your country out, then you’re a traitor,” Mr Katter said.
It was also reported Chinese enterprises and export credit agencies invariably require that materials for key infrastructure are sourced from China, effectively shifting work out of Australia and undermining Adani’s claims its project will create many thousands of additional jobs for Queensland.
“Half Australia’s coal reserves will be controlled by whoever owns that railway line. It was not good enough for the ALP and LNP to sell our coal seam gas, now worth $25b a year. This is enough money to restore our outpatients at our hospitals, and give every pensioner and young families 10 grand each and every year.
“We sold the gas for 6 cents a unit we are now buying it back for $16 a unit – our own Australian gas. And now we are going to do the same thing with coal.
“Does anyone think a spineless Government in Canberra are going to stand up to the Chinese Government when they take over all of our unexploited coal reserves? The Greenies think they will stand up to that? Do they think the spineless ALP Government will stand up against the Chinese Government? No, they won’t.
“This will go down as the biggest sell out in our country in Australian history, and will let all the world know that Former Deputy Prime Minister Barnaby Joyce and LNP PM Malcolm Turnbull will go down in the history of Australia in infamy,” Mr Katter said.
by Viv Forbes Science Writer
It was ice, not global warming, that killed and entombed millions of mammoths and woolly rhinos in Siberia and Alaska.
It was unrelenting cold and then ice, not global warming, that forced the Vikings out of Greenland.
It was bitter winters, not heat waves, that finally defeated the armies of Napoleon and Hitler in Russia. George Washington’s army also suffered from an unusually bitter winter at Valley Forge in 1778, in the depths of the Little Ice Age.
Snowy blizzards periodically kill more cattle than heatwaves in Colorado, South Dakota and Texas.
When the Tambora volcano exploded in 1816 it spewed massive volumes of ash and “greenhouse” gases including carbon dioxide into the atmosphere. There was no global warming from the greenhouse gases, but the heat-blocking ash-filled atmosphere and a quiet sun caused “the year without a summer”. Failed crops and famine stalked Europe, Asia and America.
It is icebergs, not warm oceans, that sink ships like the Titanic, and spreading sea ice trapped “The Ship of Fools” in Antarctica.
Every major geological era has ended with massive volcanism on land and under the seas. Molten lava heats the seas and eruptions on land fill the atmosphere with dust which blocks incoming solar energy. There is rapid evaporation from the warm seas followed by rapid condensation in the cold dark atmosphere. This process dumps massive snowfalls which become ice sheets on land, starting a new ice age and bringing the extinction of many species.
It is lethal global cooling we need to fear, not life-sustaining global warming.
Green preferences are driving the Labor Government’s proposed draconian environmental policies as a trade-off for the Adani coal mine approval.
A source close to the ALP is warning Wild Rivers “on steroids” rebadged as ‘Pristine Rivers’ will be put back on the table along with revamped, tough vegetation management laws should the ALP win the upcoming election.
The source said revisiting Wild Rivers and vegetation management laws are on the agenda for the upcoming State ALP conference to be held in Townsville at the Convention Centre on July 28 and 29.
A World Heritage listing over the Laura sandstone escarpment country, mooted by the State Government, also looms large for the people of the Peninsula.
Deputy Premier Jackie Trad is moving to pacify the Greens’ hostility over approvals to allow Australia’s largest coal mine in Central Queensland to go ahead.
Trad and her colleague, Environment and Heritage Protection Minister Stephen Miles, have not yet taken into consideration the strident opposition of Cape York Peninsula communities, the Cape York Land Council and pastoralists alike, some of whom claim they will campaign against the party at the State election expected on November 4 this year.
Pastoralists and some communities believe a World Heritage nomination by the State Government will be the precursor for listing the entire Peninsula, in effect the beginning of the end for the economic prosperity of Aboriginal communities sitting on vast tracts of grazing property.
In a recent radio interview, Chairman of the CYLC, Richie AhMat castigated the proposed new versions of Wild Rivers and vegetation laws as well as the existing environmental overlays on most Aboriginal freehold and Deed of Grant in Trust land(DOGIT) covering nearly one half of the land area of the Peninsula.
Referring to the Wild Rivers legislation, Mr AhMat asked how the government expected Aboriginal people to start up businesses and to be economically viable “when these land restrictions appear out of nowhere?”
“You can’t talk about economic development on one hand and you can’t talk about indigenous employment on the other, and you can’t talk about Northern Australia on both hands.”
In reply to a question about the as yet undisclosed ‘Pristine Rivers’ policy Mr AhMat alluded to funding that had been allocated in the past two state budgets purportedly for consultation with traditional owners.
He said he was worried about all the rivers in Cape York which could be affected by a lock up policy.
“All of our rivers in Cape York are fresh water rivers, water is a huge commodity now and nobody in their wildest dreams 10 years or fifteen years ago expected them to buy a bottle of fresh water,” Mr Ah Mat said.
“To buy a bottle of fresh water is more than a litre of fuel.
“Why does the government want to lock up Cape York, because they have a 20 to 30 year plan but they aren’t talking to anybody, it’s all secretive because we are out of sight and out of mind.
“We fought long and hard against the wild rivers, long and hard and we were untied as one on Cape York.
“This Pristine Rivers believe me there are rumblings about it in 1 William Street (Executive Building) now.
“This legislation over land is going to block everything.”
Gordon Rasmussen, Katters Australian Party candidate for the Cook electorate, which takes in all of Cape York, agreed with Mr Ah Mat.
“It looks like Northern Development is just a talk fest because what Mr Ah Mat says about locking up all the rivers and land on Cape York makes a mockery of the $5 billion federal fund for northern land development,” Mr Rasmussen pointed out.
“How does the federal government expect to achieve anything in an area like the Peninsula to help economic development for struggling communities when the State Government has divided up most of the Aboriginal land into nature reserves, national parks and heritage areas?
“If the Labor Party gets back into government we are all in for a very rough trot.”
Welcome news from the Liberal and Labor church of free trade – Adam Smith would be proud of Mr Turnbull, Mr Shorten and their Uruguay DOFAT mandarins
Today the Queensland Government has confirmed White Spot virus has been found in wild prawns in Moreton Bay off Brisbane and now cannot be stopped.
KAP Member for Kennedy, Bob Katter said, “I congratulate the Government of the Australia with their Free Trade policies and no quarantine.
“Our prawn industry has been sacrificed on the altar of Free Trade.
“Not only all our industries have been exported overseas, and our jobs exported overseas but you’ve imported workers from overseas, which has been a cancer upon our pay and conditions and job opportunities in Australia — but now you’ve succeeded in destroying our oceans.
“Because the currents flow north, White Spot will now be taken up the Qld coast and infect the Great Barrier Reef.
“This was done with eyes wide open.
“Every single person associated with the prawn industry and every scientist who ever looked at this knew if you brought the prawns in, you’d bring the White Spot in… and the IHHNV and heaven only knows which hundreds of other diseases we haven’t identified…and these damn people in Canberra run around talking about our clean green image,” said Mr Katter.
The Australian Prawn Farmers Association (APFA) President Matt West owns a prawn farm in the Mackay region. In a media report from January this year, Mr West says although his stock are some distance from the Sth East Qld region damaged by the outbreak, the disease can spread rapidly, “especially if it gets hold in the wild”.
NB: Cairns News published an exclusive story on January 10, 2107 about Chinese prawn importer Sino deliberately altering prawn samples for biosecurity testing. The company has been charged by Federal Police for falsifying records allowing white spot infected prawns to be introduced into Queensland. Imported green prawns infected with white spot virus used by anglers for fish bait are thought to have infected seven Gold Coast prawn farms and now Moreton Bay near Brisbane.
Harsh vegetation management laws to be enacted by the State Government have united political identities across the spectrum. Protesters marched on the Gordonvale electorate office of State Treasurer Curtis Pitt on Saturday. Speakers at the rowdy rally of 80 farmers, politicians, indigenous representatives and political aspirants, warned the proposed laws would “shut down” agriculture and make criminals out of farmers if they clear regrowth or vegetation on their farms
Atherton solicitor Anne English on the doorstep of Curtis Pitt’s office told the rally the new laws turned farmers into criminals by reversing the onus of proof and removing the centuries-old ‘mistaken belief’ principle as a defence if trees are cleared.
Indigenous protesters Duncan McInnes, Mareeba and Chairman of the Cape York Alliance Rod Burke
Protesters march on Treasurer Curtis Pitt’s Gordonvale office
by Jim O’Toole in Cairns for the election
Political chicanery and deception by the Liberal National Party handed the nation’s most colourful politician an 11 per cent surge in popularity at Saturday’s poll.
Bob Katter romped it in leaving young Liberal opponent Johnathon Pavetto choking in his dust with 62 per cent of the two party preferred vote against Pavetto’s 38 per cent, representing an 11.4 per cent swing.
A concerted campaign by the Liberals erecting signage at most Atherton Tableland booths claiming a ‘vote for Katter is a vote for Labor and Greens’ spectacularly backfired.
According to LNP sources, two of the Liberals responsible for the false signs, former Eacham Shire Mayor Ray Byrnes and Atherton LJ Hooker franchisee Kevin ‘Rambo’ Ramke will endure a “reaming out” by Johnathan Pavetto and his team members for the failed campaign.
Katter’s booth workers reported hostile comments from voters after viewing the discredited signs then checking the order of preferences on KAP how-to-vote cards.
Heading off the unlawful Liberal signage were advertisements in local newspapers the preceding week featuring the KAP card that clearly showed the party had preferenced the ALP and Greens second last and last.
The thought bubble originating this misleading message began at the 2013 federal election,when the LNP placed large roadside signs in the Atherton district. It nearly cost Katter his seat. This time shrewd voters no longer believed the LNP.
Proforma letters-to-the-editor writers such as Ray Byrnes, Helen Kanak(Dickinson) of Mareeba and Beverly Prescott of Atherton made fools of themselves with their hateful spiel demonising Bob Katter.
Not to be outdone the narrowly re-elected Member for Leichardt, Warren Entsch lambasted Bob Katter on ABC Radio Monday morning for not bringing home the bacon to the Kennedy electorate.
It seems Mr Entsch, like Mr Katter, does not read newspapers. Two page advertisements placed in regional newspapers by KAP detailed the vast amount of funds for infrastructure and roads that have poured into Kennedy over the past two terms of Parliament, a direct result of Mr Katter’s administration.
For incredulous Leichardt voters, Mr Entsch’s attempt at the pot calling the kettle black must be a slap in their face.
The only significant infrastructure building in Mr Entsch’s electorate over his past two terms has been a $220 million road construction project on Cape York Peninsula.
Mr Entsch omits to mention this funding was put in place by the previous Labor Government Minister for Infrastructure and Transport, Anthony Albanese.
Election results in the north
Political party pundits and smart university commentators are at a loss to understand the re-election of Katter and the huge resurgence of Pauline Hanson and One Nation in the senate.
Posturing all sorts of theories on radio and television the commentators jump from one lame excuse to another, because these people, just like party pollies, News Ltd and Fairfax reporters, are far removed from reality.
Letters to the editor and comments received by Cairns News and most other notable independent news services for the past several years describe readers’ anguish at being left out of the policy loop, where the embedded bureaucracy make the decisions that the parties simply endorse thus denying any say to electors.
One example is the sovereignty-destroying Trans Pacific Partnership treaty agreed to by the Liberal Government, others are the China free trade agreement, foreign ownership and unbridled immigration.
Islam, publicly embraced by Malcolm Turnbull and his wife Lucy, gave Pauline Hanson a tremendous platform prior to the election. While Islam dominates 15 per cent of the vote in Turnbull’s electorate and 14 others across NSW and Victoria, Turnbull was unapologetic to the nation for kowtowing to Islam, Sharia law and halal.
For Hanson it was manna from heaven.
The two Liberal held seats of Capricornia and Herbert look like going to Labor, but in this case the reasons seem obscure, although both cities of Rockhampton and Townsville have high levels of unemployment thanks to the party duopoly’s destruction of manufacturing and primary industries.
Mr Katter says he has been humbled by the result.
“I thank the hundreds of great Australians who stood outside in the wind, hot sun and in some places cold handing out our How to Vote Cards passionately for Kennedy and the future of their country; and everyone who voted. And I thank my brilliant strategy team who got our key messages out there,” Mr Katter said.
“But upon this base, if the Australian people have delivered a small modicum of power, that power will be used to create a happy and a prosperous North Qld.
“The financial oppression of the elderly, the struggling abandoned young families will be addressed
“It looks like we’ll be in a very powerful position.
“We will be saying our prayers to the good Lord and we hope we can get enlightenment through to the people who have to date exercised power in Canberra.”
Simon Benson and Alicia Wood, The Daily Telegraph
THE Greens yesterday surpassed even their lofty benchmark for blatantly nutty policies, declaring in just one day they want to hire snipers to shoot pet dogs, double the number of firefighters to combat global warming and destroy our retirement by slugging us with massive superannuation tax increases.
And the madness doesn’t stop there. The Greens also want to give prisoners the vote — which would give mass murderers such as Ivan Milat and Martin Bryant the right to cast a vote at the ballot box at the next federal election.
Although Labor leader Bill Shorten signed a solemn pledge — drawn up by The Daily Telegraph — promising he will never do a deal with the Greens to form a government, the leader of the loony left rabble, Richard Di Natale, believes Labor will end up doing precisely that if it means the difference between government and opposition..
In a sign of the policies the Greens would seek to implement if it was ever given the balance of power again, Greens senator Sarah Hanson-Young yesterday threw out the spectre of medium- to high-income earners having to pay up to 47 per cent tax on their super contributions.
She was forced to recant from a trainwreck of an interview in which she said: “Look, we’re saying in order to make it fair you should be paying the same tax rate on income as you do for what you’re earning on your super.”
Later in the interview, she attempted to clarify her position, saying: “I’ve had a text from my chief of staff sitting outside, sending me the table.
“It’s basically as I was saying. A progressive tax rate.”
The Greens then released the policy, which showed that it did indeed want the progressive income tax scale applied to super — but with a top tax band of 32 per cent on those earning more than $150,000.
Potential Greens voters were then given an even bigger shock when Tasmanian Greens senator Peter Whish-Wilson called for snipers to shoot dogs that get too close to penguin colonies.
And controversial Greens candidate for the Sydney seat of Grayndler Jim Casey then suggested Australia could help combat climate change by doubling the number of firefighters.
Mr Casey, who is himself a firefighter, announced the Greens would spend $120 million over four years to double the number of fireys because, he said, global warming will cause “more frequent, catastrophic bushfires”.
“Global warming is already driving devastating and sometimes fatal bushfires across Australia. We must act now to save lives from increasing bushfires in a warming world,” Mr Casey said.
He appeared to claim bushfires were a result of global warming rather than arsonists and lightning strikes.
“Bushfires (are) intensifying dramatically due to global warming. We must boost numbers of paid firefighters to share the workload,” he said.
DUMB POLICY 1
Greens leader Richard “Spock” Di Natale wants to give prisoners the vote, which means mass murderers like Ivan Milat and Martyn Bryant would be able to affect the outcome of the next federal election
DUMB POLICY 2
Greens senator Sarah Hanson-Young wants to tax super contributions at the same rate as income tax
DUMB POLICY 3
Greens candidate Jim Casey who is going up against Labor’s Anthony Albanese in the inner Sydney seat of Grayndler, wants to double the number of fireys to combat “global warming”
DUMB POLICY 4
Greens Senator Peter Whish-Wilson wants to employ snipers to shoot dogs that get too close to penguin colonies
Cairns News Editorial:
Party faithful Green lemmings will continue following their leaders over the cliff into oblivion with best wishes from all logical voters.
A tidal wave of voter awareness will swamp the polls on July 2 in spite of LNP and ALP spin doctors demonising Jackie Lambie, Bob Katter, Andrew Wilkie and Nick Xenophon, who actually represent their constituents contrary to government and opposition politicians.
Social media is swimming with discontent ranging from the invasion of our cities by Islam to free trade agreements signing away our sovereignty.
With this election presenting an unprecedented challenge to the establishment elite, we will assist you to remove the LNP, ALP, Greens, power base by publishing a “how to vote card” over the next few days.
Exclusive from Robert J Lee in Canberra
The Coalition Government, with the aid of Greens and Labor secretly passed the Emissions Trading Scheme legislation in the senate on December 3, the last day of sitting in 2015.
This was the day before the Paris Climate Conference , called COP 21, got underway at which an agreement to keep the global temperature increase to 2 degrees was signed by 189 countries, including Australia.
The ETS, in effect the ALP’s Carbon Tax comes into effect on July 1, the day before the Federal election.
One hundred and fifty companies representing half of Australia’s total carbon dioxide emissions will be capped by legislation at their highest level of emissions between 2009-10 and 2013-14.
The caps specifically include the electricity sector and the Australian Carbon Credit Units (ACCU’s) which were created by Julia Gillard in 2011.
If these companies emit more than their caps they have to buy ACCU’s which no doubt will affect the bottom line of the companies, thus the cost will be passed onto consumers.
The caps imposed on 150 companies are described by the government as a “safeguard mechanism” to support the Emissions Reduction fund that the centrepiece of the Direct Action Plan in which companies bid at auction for the right to be paid to reduce their emissions.
These auctions have so far resulted in 143 million tonnes of abatement at an average price of $12.10 per tonne, which is much lower than has been forecast by the scheme’s opponents.
The interesting question is why no one is talking about this discredited scheme.
Obviously the 150 companies involved know about it, and it’s all described on the government website, but the fact that Australia has legislated an emissions trading scheme is virtually a secret.
It is no secret however that Malcolm Turnbull for years, has been waiting anxiously for the scheme to become law so his private emissions trading company with offices in Sydney can grab a part of the action.
Further information by Alan kohler in The Australian: – http://www.theaustralian.com.au/business/opinion/alan-kohler/australias-secret-ets-starts-in-five-weeks/news-story/7f1de2a63db3e8d4a12066f31edcf640