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If Greens cared about CO2 they would dump renewable targets

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If Greens cared about CO2 they would dump renewable targets

http://joannenova.com.au/2017/02/if-greens-cared-about-co2-they-would-dump-renewable-targets/

Those who say they want a “free market” in carbon still don’t understand what a free market is. RET’s or Renewable Energy Targets are screwed (in the head): If Tony Abbotts Direct Action plan was useless, RETS are five times more useless. In Australia the Renewable Energy Target (RET) in theory, helps wind and solar, so we lower CO2 emissions and cool the world, slow storms, things like that. But Tom Quirk calculates it costs $57 a ton (at best) for those “savings”. Since the Direct Action plan cost $11 a ton, we could reduce five times as much CO2 if we blew up the RET scheme. The secret is that the Abbott plan tackled CO2 directly rather than picking winners (see “competition”, “free markets” that sort of thing). Predictably, the Greens hated it — who needs CO2 reduction if you can support big-government-loving industries instead? (Especially the kind who lobby for the side of politics that wants more bureaucrats, more handouts, and less independent competition?) Those who say they want a “free market” in carbon still don’t understand what a free market is. It’s pretty simple, if they want a reduction in CO2, they need to pay for a […]Rating: 0.0/10 (0 votes cast)

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