Posts Tagged ‘Greg Hunt’
Twitter is going off after Australia’s Minister for the Environment Greg Hunt posted this:
Reposted from The Conversation
If we haven’t heard much about carbon policy this election, we’ve heard even less about the other side of the climate equation – adaptation. We’re already seeing an increase in extreme weather, and climate models predict we’ll see more in the future, costing us potentially billions of dollars. Adaptation attempts to answer how we will deal with the future.
NCCARF has come to the end of its first five years of funding without renewal, and has been running on a skeleton staff. The funding announced by the Coalition may give the facility a new lease on life, but when it comes to adapting to climate change, is this enough? Read the rest of this entry »
The Age cartoonist John Spooner returned to climate policy this weekend. I won’t have go at Spooner as I did after last weekend’s effort but I will discuss his theme. Spooner maintains that the carbon tax and GST double up, giving the example of a little boy with his lawyer trying to avoid a shopkeeper double taxing his chocolate. What Spooner is doing here – to put a generous point on it – is to reflect what many people are thinking.
So how realistic is this scenario? On Friday, the Minister for Climate Change Greg Combet and the assistant treasurer David Bradbury issued a joint statement that GST does not apply to the $23 per tonne price of permits. This avoids double taxation where GST is charged on GST (which they shouldn’t be anyway). Where permits are given free, the prices will not be carried through, limiting its effect. I can’t see however, that GST won’t be levied on general goods and services as reported here. But these numbers will be comparatively small. Read the rest of this entry »