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Carbon Taxes

How many is Enough?

4 July 2010

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The Carbon Sense Coalition today claimed that the
Henry Tax review, designed to provide Australia with a more efficient tax
system, had completely failed in the carbon tax area, with three complex carbon
taxes now and more being promoted by Climate alarmists.

The Chairman of “Carbon Sense”, Mr Viv Forbes, said that a philosophy of centralisation, a
developing budget crisis, electoral considerations and climate alarmism were
now driving tax policy.

Forbes explained:

“Australia now has three taxes on coal.

“Firstly, coal companies pay the same federal
profit-based corporate tax that every other company pays, at the same rate.

“Secondly, every coal miner must pay “Coal
Royalties” to state governments who own the mineral resources. Coal
royalties are payable even if the mine makes a loss. All mining companies pay
royalties.

“Thirdly, if the current federal proposals
become law, coal, iron and gas companies will pay an additional profit-based
“resource rent tax” to the Federal Government. (see note.)

“Yet global warming alarmists are calling for
still more carbon taxes.

“If you tax something you will get less of it.

“How many carbon taxes do we need before we
achieve Bob Brown’s green dream of zero coal mining: “We can do
without coal and we can do without gas”?

“And with all these taxes restricting the growth
of our biggest resource industries why is the government promising to spend tax
money on transport infrastructure? Coal is the greatest user of transport
infrastructure in eastern Australia and much coal revenue is diverted to coal
royalties and rail and port charges.

“With three taxes already curbing the growth of
the coal industry, and global warming alarmists demanding still more carbon
taxes, it is no wonder that the Premier of Queensland wants to sell the state
rail and port facilities.”

“The Federal Treasurer should also remember that
the tax on nothing is nothing”.

Viv Forbes

Chairman, The Carbon Sense Coalition

Rosevale, Qld, Australia

www.carbon-sense.com

Phone 07 5464 0533

Email: [email-masked]

Note: Coal companies also pay rent
on their mining leases to the state government, special high rates to local
government authorities, and fringe benefits tax on any accommodation provided
to employees.

Disclosure: Viv Forbes is a mineral economist and a non-executive
director of a small Australian-owned coal exploration company which is probably
exempt from the new RRT.

Reports from the Silly
Science Department:

Re-Paint
the Silver Lining?

A grant from
Bill Gates is helping
researchers explore the possibility that making clouds whiter and more reflective
by spraying them with a fine seawater mist could help block the sun's rays and
send them back into space.

Cloud
whitening builds on the natural cloud-forming process, says Silicon Valley inventor
Armand Neukermans, who received the funding to test
if the concept is doable.

When water
vapour in cloud-forming regions encounters sea salt crystals it condenses
around them, forming tiny droplets, he explains. Together, many droplets
diffuse sunlight and make a cloud whiter.

See: http://www.usatoday.com/weather/research/2010-06-10-cloud-whitening_N.htm

Whitewash
the Hills?

Workmen in
the remote Peruvian Andes are painting mountain summits white in a bid to
reflect heat away from the peaks and restore the country's glaciers, Agence France-Presse reported
last week.

Closer to
home, it is understood the NSW government is following the Andean experiment
closely and is considering applying the science in its own climate-change program:
by painting the outdoor dunnies white at new coalmines.

The
non-government organisation behind the Andean project was one of 26 winners of
the World Bank's "100 Ideas to Save the Planet" competition announced
last November.

See:

http://www.smh.com.au/opinion/society-and-culture/everything-will-be-all-white-thanks-to-a-bunch-of-landscape-painters-20100703-zuuz.html

Famous Forecasts that Failed.

In 1969,
Richard Nixon’s presidential advisor, Daniel
Moynihan, summarised for the President the general concern of
scientists about “the carbon dioxide problem". This report was
recently released.

Moynihan’s memo reads, in part:

“It is
now pretty clearly agreed that the CO2 content in the atmosphere
will rise 25% by 2000. This could increase the average temperature near the
earth's surface by 7 degrees Fahrenheit. This in turn could raise the level of
the sea by 10 feet. Goodbye New York. Goodbye Washington, for that
matter.”

These
predictions were wide of the mark:

Rather
than increasing by 81 parts per million as the "pretty clearly
agreed" experts feared, CO2 rose by only 45 parts per
million.

Rather
than spiking by 3.9 C (7 degrees F), the actual temperature increase
between 1969 and the year 2000 was a practically imperceptible 0.3 C. Which means the experts were off by 1200 percent.

Most
embarrassing of all, rather than rising 305 cm (10 feet), sea level
increased by a paltry 10 cm (3.9 inches). Which means the experts
overestimated that particular danger by 2950 percent.

Moral of the
story: no one has ever been able to predict the future. Not even highly
educated, highly regarded government advisors.

See: http://motls.blogspot.com/2010/07/nixon-was-told-sea-level-would-rise-by.html

The
Week That Was – News you will not see or hear on
the ABC.

Every week the SEPP (founded by Fred
Singer) produces an email roundup of the week’s news, reports and
comments on the revelations and stupidities in the world climate change
industry. Subscription is free of charge; send full name, background,
occupation, location, etc to: [email-masked].

“Carbon
Sense” is a newsletter produced by the Carbon Sense Coalition, an
Australian based organisation which opposes waste
of resources, opposes pollution, and promotes the rational and sustainable
use of carbon energy and carbon food.

Please spread “Carbon Sense” around.

For
more information visit our web site at www.carbon-sense.com

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MS
23, Rosewood   Qld
4340   Australia.
07 5464 0533

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