Aus: Are the Greens really back-pedalling on carbon?

Actually not a bad description of where Australia’s political Left finds itself having imposed punitive energy taxation on voters – basically a political corpse.

It’s hard to know what to take from reports this morning that Labor and the Greens are seriously considering altering the terms of the carbon floor price that will operate when Clean Energy Future legislation switches from the sale of non-tradeable carbon permits, to a tradeable permit scheme in 2015.

At face value, reports in News Ltd and Fairfax papers suggest that Labor and the Greens have finally realised that voter dissatisfaction with the carbon tax leaves them, to use the most polite term possible, buggered.

For Labor the equation is simple – Tony Abbott’s relentless attack on the carbon tax has, month after month, reduced the number of seats the ALP can win at the next election. This week has seen a number of Labor candidates put on notice that they will face rank-and-file preselection ballots to help ‘democratise’ the party, with ‘democratise’ here meaning ‘give the party at least a cat’s chance in hell of retaining the seat’.

For the Greens, the motivation to return to negotiation is two-fold. First, by helping to disperse some of the carbon stink that has followed Labor these past months, the Greens can help preserve something like a decent opposition when Tony Abbott sweeps to power. Secondly, they will be all too aware that disenchanted Labor voters will only remain ‘Greens’ while some progress is being made on environmental issues.

A scheme with a too-high starting price ($23/tonne), and a too-high floor price from 2015 ($15/tonne) will leave both Labor and Greens stranded on a tiny atoll of electoral support, at risk of disappearing under a rising sea of conservative votes.

Business Spectator

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One Response to Aus: Are the Greens really back-pedalling on carbon?

  1. Bruce of Newcastle

    What they’re coming to realise is after they lose the next election, which might happen soon, they will be left with exactly nothing. Except for indefagitable hatred from the electorate for the remainder of their lives. The Carbon Tax will be gone, the $10 billion slush fund will be gone and quite probably the renewable mandate (which is turning into a real political nasty – it cost more in electricity rises this week than did the carbon tax).

    So, they’re trying to find a defensive position they can hold. It won’t work because temperature is going down due to the larger than expected influence of the Sun (especially indirect modulation of cloudiness) and because CO2 just doesn’t have much of an effect. Give it a few years and even the pollies will feel safe enough to repeal the whole box and dice.

    Sucked in, greenies! Couldn’t happen to a nicer bunch of totalitarian Marxists.

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