Friday, July 18, 2014

Death of a carbon tax

Powerline enjoys the end of the carbon tax in Australia.
But finds a coal company that doesn't like the news.
Philip Hutchings, writing over at WattsUpWithThat, brings our attention to a detail that reveals how corrupt these carbon management schemes come to be—even ones that are as supposedly simple and straightforward as a carbon tax.  Now, you’d think that energy companies, especially coal companies, in Australia would be ecstatic about throwing the carbon tax over the side.  And while they probably are, would be believe the repeal of the carbon tax may actually reduce profits for at least one coal company?
They will survive.
And consumers will be happier.

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