Bolt’s carbon tax ‘ facts’ are fiction
ANDREW Bolt’s column on Thursday about carbon trading was mostly wrong despite repeating the word “fact”.
In limited space, let me address the one “fact” I am most qualified to comment on.
“This carbon tax will cost money and kill jobs, particularly in businesses that use a lot of electricity, such as smelters”. Fair guess, but wrong. Fact. Carbon in the atmos- phere will cause acid in the sea, that will harm the Reef and potentially cost thousands of jobs.
Alternatively there could be thousands of jobs created in technologies such as solar, wind, carbon capture and nuclear.
Bolt cites smelters. The biggest killer of jobs in power- intensive industry is Australia’s naive policy of energy parity pricing. If we, like the US and Arab states insisted the local market be filled first we could afford heavy industry. Compared to this the effect of a carbon market is irrelevant.
Pollution is a large cost to society, from zinc dust on the Strand and carbon to toxic fumes from Yabulu, and only putting a price on it will cause the polluters to seek cleaner alternatives.
DR ANDREW KERANS,