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Abbott has dug a big hole over ‘disastrous’ carbon tax

01 Jun 05:55am

Filed under: Carbon Tax, Climate Change, Investments, Julia Gillard, Mining, Shares, Tony Abbott

The Opposition’s unrelenting attack on the Government over carbon pricing has been simple and devastatingly effective. But Tony Abbott probably should have told his colleagues to hold off purchasing shares in an industry he has predicted will be shattered.

Hi, nice to meet you! But you're screwed. Pic: Sam Mooy
One of the Opposition Leader’s favourite strategies is to visit a family-run store, or a factory, or a pharmacy or a shopping centre. He’s been to manufacturing sites and trucking businesses, greengrocers – and, of course, mining sites - to smile, shake hands with workers, then talk about how much they’re all going to suffer under a carbon tax.

Meanwhile, it seems a significant portion of his party has been off buying shares in mining. Which tends to show some sort of confidence in the future of the sector.

Continue reading "Abbott has dug a big hole over ‘disastrous’ carbon tax" »

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Dallas Beaufort says:

04:32pm | 07/06/12

If Labor had of stated we need to create another revenue stream to help Australia survive a global downturn, you would be surprised how many would have gone along with this type of directness, But instead we have a man made global warming fear campaign morphing into climate changes CO2… Read more »
Emma2 says:

04:46pm | 06/06/12

When the world is environmentally and economically fucked, you libs should be the first to go take a long walk off a short pier. Talk about backward thinking. And talk about grasping at straws to form your arguments. It really is mind numbing reading your posts. Read more »

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