Title Home power prices to soar under Labor's carbon tax.
Database Press Releases
Date 16-08-2006
Source MINISTER FOR THE ENVIRONMENT AND HERITAGE
Author CAMPBELL, Ian, (former Member)
Citation Id OZMK6
Cover date Wednesday, 16 August 2006
Enrichment STER Greenhouse Policy
Format Online Text
In Government no
Item Online Text: 1440224
Key item No
MP no
Pages 2p.
Party LPA
Speech No
System Id media/pressrel/OZMK6


Home power prices to soar under Labor's carbon tax.

Senator the Hon. Ian Campbell

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Media Release Australian Minister for the Environment and Heritage Senator the Hon. Ian Campbell

16 August 2006

C193/06

Home power prices to soar under Labor's carbon tax

A plan for a national emissions trading scheme released by the Labor states and endorsed by Kim Beazley’s Federal Labor Party today will see home electricity prices soar in NSW and the ACT.

In a table contained deep within the 228-page emissions trading paper, it is revealed that if Labor has its way and introduces such a tax, residents in NSW and the ACT can expect to pay up to $122 more each year.

Even the best-case scenario under this plan will see homeowners in NSW and the ACT paying $42 more for their electricity each year.

The emissions trading scheme effectively taxes traditional power sources such as coal-fired power stations and presumes (rightly) that the cost will be immediately passed onto consumers.

The Labor emissions trading plan is designed to reduce Australia’s greenhouse gas emissions by 60% by 2050.

However Kim Beazley and his colleagues don’t seem to realise that Australia only produces 1.46% of the world’s greenhouse gas emissions and acting alone like this simply exports Australian jobs and does almost nothing to confront the environmental problems we face.

That is why the Australian Government has a long-standing policy of only supporting an emissions trading scheme which is comprehensive and international.

The Labor scheme is so bad that less an hour after it was released, the Premier of Western Australian, Alan Carpenter, said his state would have nothing to do with it.

“I would also want assurances that any trading scheme would not adversely impact the state’s capacity to rely on energy sources such as coal”.

(Alan Carpenter press release, 16/8/06)

If Kim Beazley was a strong leader he would admit he was wrong as well.

Media contact:

Rob Broadfield 02 6277 7640 or 0409 493 902

Department of the Environment and Heritage GPO Box 787 Parkes ACT 2600 Australia Telephone: +61 (0)2 6274 1111 ABN

© Commonwealth of Australia

Last updated: Wednesday, 16-Aug-2006 18:15:40 EST