Insane climate policy. Malcolm Turnbull’s legacy – the Safeguard Mechanism

Jo Nova on the de facto carbon tax that we have to have.

Soon, Australians are likely to be sending real money overseas and getting back paper certificates at prices set by the EU.

The legislation was snuck through just before Christmas 2015, buried under the name “Safeguard Mechanism”. It cost about $7m in the first year. But sits ticking, ready to blow-up into a billion-dollar monster any day. If Labor is elected, it won’t matter whether it has Senate control or not, the minister can just “press a button”, change the caps, and lo, the money will flow to foreigners for certificates based on intentions about atmospheric nullities — for emissions they might have made but didn’t. We’re paying to change the global weather. We could be the stupidest rich nation on Earth. But really, we’re just not paying attention.

The 35 billion dollars we will spend on these useless, fraud-prone certificates is $35 billion we are taking out of the Australian labor market, or not spending on medicine, books or holidays in Bali. Angus Taylor, Minister for Energy, has noticed that this means $10b less tax will be paid too, which means less money for hospitals and schools.

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23 Responses to Insane climate policy. Malcolm Turnbull’s legacy – the Safeguard Mechanism

  1. RobK

    Clive Palmer still has some explaining to do.

  2. nb

    I’ve got a big pile of paper right here on my desk. Please let SA know I’d be happy to part with it for a mere billion.

  3. Elizabeth (Lizzie) Beare

    Vote against this rotten little stinkbomb that Turdbull has set up for this country. This is what I am telling everyone who will listen.

    For this is a carbon tax supreme, snuck in by stealth, to line the pockets of an investment class that spruiks the carbon cult for profit to the detriment of the country as a whole. Keep well away from Labor and the Greens no matter what else you think about whatever social inequalities exist. There are other ways to tackle those than the false idols of free stuff and magic puddings on offer from those two degraded and degrading Parties. If they win, then they will drag the Libs their way, and the whole shebang collapses; Australia has the resilience to socialism of Venezuela, a resource-based economy, not like the historic resilience of the EU so our decline will be swift not dragged out.

    Vote for a Senate you can trust to block anything further and pressure to rescind what is already done.
    What more can I say?

  4. Elizabeth (Lizzie) Beare

    I can of course get out and hand out the HTV’s for a right-of-centre Senate, and that is exactly what I intend to do. If everyone did that we might, just might, turn this country around, by sheer force of numbers alone.

    The protest vote has to be loud and heard and this is our most tactical moment to produce it.

  5. Elizabeth (Lizzie) Beare

    Clive Palmer still has some explaining to do.

    I’m beyond caring about that right now. Just get that protest vote up, loud and clear.

    The MSM and the loony left do not speak for the Nation. Make that plain to the Libs.

  6. John Constantine

    The full intention is the transfer of the wealth stolen by the racist colonialist settler Anglosphere heresy to their transnational Stalinist hellhole cartels.

    Paying their turnbullites debacle coalition and their shorten looting cartel a brown paper bag full of fivers as commission to get the dirty job done.

    Exporting Australia’s industry offshore is cheaper than bombing it out from the air, it is less hassle to pay traitors to sabotage power stations than to drop in a parachute division.

    Especially if the traitors are only paid with a promise of first pick over looting the ruins.

    Stalin won.

    Comrades.

  7. PB

    ” The full intention is the transfer of the wealth stolen by the racist colonialist settler Anglosphere heresy to their transnational Stalinist hellhole cartels. ”

    Which is precisely why the Global Banking cartel came on board with the whole climate-change scam. The loans they get to write, the financial instruments they get to administer, the total control of Nations that falls into their hands….

    Its almost as though they are working to a plan….

  8. Mark M

    NZ farmers who made mistake of going along with {global warming] zealotry now pay the price.

    The only way to meet carbon (sic) targets is to cull stock.

    In other words, put themselves out of business.

    Australian farmers need to smarten up & fight hard against the green left & their [email protected] Quick …

    ‘Frustratingly cruel’: Farmer fury grows over Government’s climate change plans

    https://www.newshub.co.nz/home/rural/2019/05/frustratingly-cruel-farmer-fury-grows-over-government-s-climate-change-plans.html

    “Condemnation of the Government’s plans to address climate change is growing within the rural sector with claims stock would have to be culled to reach the proposed targets.”

  9. Bruce of Newcastle

    To show just what Shorten is planning to do, the UN carbon offsets are currently trading at 22 euro cents per tonne of CO2. EU carbon offsets are 27 euros per tonne and rising, more than a hundred times what the UN is charging. And let us recall that the Paris Agreement is administered by the UN.

    So why is UN CO2 so cheap and EU CO2 so expensive? It’s all CO2 after all.

    You can easily guess. How do you measure an offset of a colourless odourless gas offered by someone in another country?

    Every shonk, crook, liar, mafioso, gangster, third world businessman, third world politician, and all their mates are lining up to provide beautiful printed certificates just in case some clueless guy, named Shorten perhaps, wants to give them gloriously yummy free money.

  10. Iampeter

    Anyone writing about insane climate policy and then trying to pin it on Turnbull can’t really be taken seriously on the subject.
    The true culprit is Howard and his government, then Abbott to a lesser degree. Turnbull is way down on that list.

    All the people blaming Turnbull for bad policy had nothing to say when Howard turned Australia into a green basket-case. This is either because they didn’t oppose the issue back when Australia’s “greatest conservative government” was implementing it, or didn’t even know it was an issue.

    Conservatives can’t be taken seriously on the subject of environmentalism because their movement has so much to answer for.

  11. RobK

    Iampeter,
    I’m inclined to agree with you on that.

  12. RobK

    That said, Turnbull was more of a zealot than the rest, light bulbs and all.

  13. Arky

    NZ farmers who made mistake of going along with {global warming] zealotry now pay the price.

    ..
    Fuck New Zealand farmers.
    They laughed their arses off in the 80’s when NZ industry was closed down and whole factories sent o/s.
    Cheap imports more important than fellow citizens.
    You think your sector is safe?
    You think you are special?
    Oh, YOUR job can’t be done by cheap third worlders somewhere else?
    You work in the magic fairy sector where we have that unicorn called competitive advantage?
    Think harder.
    Now think back to all the industries you so glibly shrugged your shoulders to as they were stripped and buried over the last thirty years.
    Textiles, apparel, cars, all kinds of manufacturing, petrochem, etc etc etc.
    Oh, you wanted to leave a profitable agricultural business to your children? Oh, you worked hard all your life and you deserve better.
    Fuck you. Wasn’t that also true for the people in manufacturing?
    You get eaten last after selling everyone else out. That is your reward, arseholes.

  14. MarcW

    @ Arky: NZ rationalised their industries based on what was economic and didn’t rely on taxpayer subsidies to market. They then used their profitable industries to generate overseas funds and investments to import from countries which were better placed and had infrastructure suited to provide the goods they needed. A win-win for world trade I would have thought.

    BTW, how’s that car manufacturing industry going in Oz these days?

  15. a happy little debunker

    I am no fan of Turnbull nor climate change policies in general,

    But, in this instance – the ‘Safeguard Mechanism’ was a sop to Palmer, by Tony Abbott, for support to remove the carbon tax.

    It was announced on September 2nd 2015, 13 days before Turnbull became PM.

    It is wrongly attributed as Turnbull’s legacy.

    I cannot preclude that Clive got the idea during his clandestine dinner/discussion with Turnbull & Parkinson – it could equally have come from Al Gore, but the Abbott Government announced this mechanism.

  16. RobK

    Debunker,
    Indeed, that’s the explaining I think Clive needs to do.
    Peter is correct that Howard over-saw the Kyoto carbon reductions by leveraging COAG to usurp land clearing rights without just compensation.

  17. Arky

    So you are in agriculture. Or medicine. Or law, or teaching, or an economist or whatever.
    You are late to the party, and were busy looking elsewhere these last few decades while most everyone else had their lives constructively destroyed by the new economy.
    Let me catch you up on what to expect.
    ..
    Government will come to help you. In the form of giving contracts to their mates to run fake courses to reeducate you ready for the new economy. Because your skills are obsolete. Your years of training and experience? Worthless.
    They will also help by giving huge gobs of cash to the media to run awareness campaigns about the gobs of money they are giving their mates to run the fake training. This has nothing to do with buying media compliance. Its, you know, information, man.
    Foreign investment will also come to your assistance. You can relax. Just because you won’t be involved in making it, doesn’t mean that your product or service and all the intellectual property that goes along with that will be lost to us. prepare yourself to see that product or service in the market, but made in China. Or Vietnam. Or Cambodia. Cars, beef, legal advice, programming, fish, teaching and training, does not matter, it is a global world, and farmers, programmers and teachers in Vietnam don’t get paid what you do. You are not competitive.
    Now. You are an intelligent person, and young enough to retrain and move into a sector where legislative changes haven’t yet wrecked it. You might buy yourself ten or fifteen more years of productive life. Until…
    Well. That was true for me, but your sector is among the last. So get yourself a lawn round. Or learn to make coffees.
    ..
    But at least if you are older, you can relax and enjoy retirement in the place you worked in and loved for so long. Right? They can’t take that community spirit away from you. That’s inherent in who you and your mates are. Right?
    Sorry. It is coming for all that too. Maybe only one or two of your friends will blow their brains out as it becomes clear to them what is going down.
    There is a bright side to this. That land your mate’s house was on can be sub- divided to provide a much more interesting an diverse community for you.

  18. Arky

    @ Arky: NZ rationalised their industries based on what was economic and didn’t rely on taxpayer subsidies to market. They then used their profitable industries to generate overseas funds and investments to import from countries which were better placed and had infrastructure suited to provide the goods they needed. A win-win for world trade I would have thought.

    ..
    You have consumed the libertarian over simplification to a fatal degree.
    We had manufacturing in NZ for 150 years. Provided jobs and goods to the primary sector through all kinds of economic conditions. Depressions, booms, gold rushes.
    I worked in a factory that had stood there over 100 years.
    I see the products we made in the shops still today. Without our trademark. But obviously made on the same tooling, to the same blueprints.

  19. Arky

    It takes a great deal of time and effort to develop an industry.
    It takes much less to buy one wholesale from a people who have been compromised by their own government’s policies.

  20. Arky

    BTW, how’s that car manufacturing industry going in Oz these days?

    ..
    Keep that attitude.
    It will serve you well for what is coming down the pipeline.

  21. Dr Fred Lenin

    This is Gross Treason worseTreason ever. Thise responsible should be given a fair trial ,found guilty and excecuted by guillotine in public squares and their total family assets confiscated . No wonder Brexit is so popular we need an Ausexit to get rid of the successors to the politburo who sit in Brusslls . We need a political revolution to clear the shit out of politics it stinks to high heaven typical communis gangster stuff/

  22. a happy little debunker

    RobK – ‘that’s the explaining I think Clive needs to do’

    Offering a platform, any platform to self aggrandising Clive is a mistake.

    His decision to enter politics was always predicated on harming both Abbott’s & Newman’s tenures after the LNP had the audacity to deny him demanded relief.
    That he found willing allies at their ABC and the incoming Communications Minister is a matter for history – as should his current and future electoral chances!

  23. Iampeter

    That said, Turnbull was more of a zealot than the rest, light bulbs and all.

    Oh yea, Turnbull is awful too. But even the light bulbs legislation was as part of the Howard government.
    The environmentalist damage in Australia is a legacy of the Howard government.
    Rafe and many conservatives work very hard to evade this because they don’t want to connect how uninformed they must’ve been about politics to have voted for and held Howard in such high regard, when they should’ve been smashing him, just like they do Turnbull.

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