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Australia unveils a controversial plan to tax carbon emissions at 500 firms from next year...

  • Sunday, July 10, 2011, 6:38 AM ET
    Australia unveils a controversial plan to tax carbon emissions at 500 firms from next year starting at A$23 ($24.70) a ton. Coal miners like BHP (BHP) and Xstrata (XSRAY.PK) would be eligible for some of the A$1.3B ($1.4B) earmarked to help the most polluting mines adjust, but there are worries this isn't enough.
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This news story has 41 comments:

  • Ffrom the article:

    "The leader of the Australian Greens party, Bob Brown, has infuriated coal miners by saying he would like to see the industry shut down altogether"

    The Australian coal miners and power generators should give Bob Brown exactly what he wants - tomorrow. Let the Aussie government see exactly what happens if the productive members of society simply stop working when singled out for punishment.

    Who is John Galt?
    10 Jul 2011, 06:57 AM Reply Like
  • Yet another government hell bent on destroying the economy of the country it's ruling.
    10 Jul 2011, 07:34 AM Reply Like
  • It's a shakedown.
    How many people's lives have been saved in Europe from their carbon tax?
    Or: Has life expectancy and lung cancer rates improved with carbon reduction?
    How much cleaner are the oceans and streams?
    The gap between the expense and the (non) results would be comical were it not tragic.
    FYI: Not much reported, but very active in Virginia is a lawsuit from Ken Cuccinelli (sp?) vs. the Univ. of Virginia, demanding the release of the scientific notes and research of one of their resident "chicken little" /true believers. Stay tuned!
    10 Jul 2011, 07:57 AM Reply Like
  • The goal of the global elitists is to destroy economies so that the people will beg for the New World Order, a totalitarian wet dream. In a time of severe economic distress for a majority of the world's population, why would any sane politician push for utility rates to quadruple? Oh wait. The EPA is doing the same thing in America.
    10 Jul 2011, 08:43 AM Reply Like
  • Australia's economy is booming, and the government wants more power by means of punishing the private sector.....

    What governments would never understand is that oppressing taxes cuts the incentive to grow and lowers aggregate demand, thus the outcome is lower jobs growth.
    10 Jul 2011, 09:08 AM Reply Like
  • I don't know what people are complaining about. Australia has a strong economy right now so for them it would be a prudent time as any to tackle a pollution issue.

    According to the article Australian thermal coal is selling for $122 / ton and the tax will increase costs by $1.80 ... seems manageable.
    10 Jul 2011, 09:15 AM Reply Like
  • God forbid anyone with a stock portfolio actually try to understand the science and prepare for the future ...

    That being said, the most important way to reduce future carbon emissions is to get China and India as wealthy per capita as Australia (or better yet Japan, with their mass transit) ...
    10 Jul 2011, 09:35 AM Reply Like
  • global warming is a perverted false religion
    10 Jul 2011, 11:28 AM Reply Like
  • Seems that way, yeah. I was one of those people frothing at the mouth when the gulf spill occurred(I am local), seems the Earth is a bit less fragile than we think. Whatever happened to acid rain?
    10 Jul 2011, 01:25 PM Reply Like
  • I'm pretty sure cap and trade took care of acid rain... or at least the bulk of it.
    10 Jul 2011, 03:42 PM Reply Like
  • The Earth has been around for billions of years and will still be here long after the bodies of global warming fanatics have been returned to Her.
    10 Jul 2011, 04:59 PM Reply Like
  • The point is that a number of us won't be around, because climate change will have disrupted subsistence farming and led to resource-driven wars.
    10 Jul 2011, 11:06 PM Reply Like
  • Climate change is going to happen in spite of your delusions of grandeur and omnipotence. As to the farce of global warming, it's something that should be preferred to global cooling (which is overdue and more likely). In the Pacific NW we've had a cool wet Spring and the latest estimates are the Peach crop will only be 10% of normal. Cooling on a global scale will lead to mass starvation.
    11 Jul 2011, 01:38 AM Reply Like
  • Surely you can point out how the climate models which predict global warming are wrong?
    11 Jul 2011, 05:55 AM Reply Like
  • The last decade have proven their claims to be bogus. Those that wrote the climate models admit that they're not only wrong, but that they manipulated the models to get the results they sought. Try reading the East Anglia emails. You're one of the last True Believers out there. Scientifically the whole Mann hockey stick farce is dead. It's only the politicians around the globe that have dreamt of the vast sums they'd hoped to get hold of through this scam that won't let go of The Global Warming.
    11 Jul 2011, 10:58 AM Reply Like
  • Cin:

    It's so easy for the socialists to pull off these scams when they control the education of impressionable young minds and fill them with pure claptrap.
    11 Jul 2011, 11:03 AM Reply Like
  • I don't think any climate models are claimed to be accurate on time scales less than 30 years.

    Is there a better explanation for the rise in 20th century temperatures than CO2 forcing? The temperature record and consensus model are shown here:

    en.wikipedia.org/wiki/...
    11 Jul 2011, 01:00 PM Reply Like
  • Yeah, there's a better explanation; it's called nature. For those too young to recall, in the late '70's we had mind-boggling record cold temperatures all around the nation, prompting Time Magazine to have a cover, "The Coming Ice Age."

    Global warming is a scam designed to raise taxes and impair people's freedoms, the never-ending mission of socialists and Marxists.
    11 Jul 2011, 02:09 PM Reply Like
  • 1) If you look at the citation record from that time, there were several dozen papers written on the topic, the majority predicted warming. The cooling hypothesis just got more popular press. A summary here:

    www.skepticalscience.c...

    2) The current climate models reconstruct the temporary cooling in the early 70s; in fact, they overshoot, which suggests that CO2 sensitivity may not be as high as feared.
    11 Jul 2011, 02:17 PM Reply Like
  • How can you claim that there are no models that claim to be accurate on time scales less than 30 years when the very model that was used to kick-off and support all this hysteria claims just that? You also haven't addressed that the developers of that model admitted that both the code and data were manipulated to achieve the result that their politician benefactors desired.

    Models are no more than academic exercises. Having worked on supercomputer development and visited national labs in the US, UK, and Germany in the process I can tell you that real scientists understand this and will tell that to you up front. Mann and his collaborators on this hoax aren't real scientists. They were in search of fame and government funding and they knew what those deciding the funding wanted to hear. We can't even predict the weather out the next month reliably, let alone on climatic timeframes (and it's a joke that they even try to claim that a decade or few indicates a climatic trend).

    The climate record shows warming through the first half of the 20th Century, cooling through about the next 40 years, and a short uptrend that peaked in the late '90s followed by a downtrend since. None of that fits your CO2 forcing claim. Water vapor and Sun activity are much larger forcing functions but ignored by the key models supporting the AGW hysteria.
    11 Jul 2011, 04:48 PM Reply Like
  • Cin:

    Remember how the hole in the antarctic ozone layer was going to extinguish mankind?

    There's always some new, fabricated, fear-mongering pseudo-science right around the corner, like the next bus, all aimed at raising Government taxation, enriching a few and constraining our liberty. It's that, and nothing more.
    11 Jul 2011, 05:01 PM Reply Like
  • I'm still trying to wrap my mind around how rising c02 levels are being theorized to cause all sorts of malaise, yet when we look at Earth's history, we have a historical track record of increased co2 being advantageous towards life. Mother Earth is a right wing nut job it seems; no respect for the scientists telling her what should happen.
    11 Jul 2011, 06:06 PM Reply Like
  • Cincinnatus,

    I'm not sure what you're referring to -- the blade on the "hockey stick" is 100 years long, and it's a reconstruction of a temperature record, not a model prediction. Also, weather and climate are certainly rather different things, otherwise we would have an Ice Age every year like a bad winter.

    Anyway, I'm not as interested in the science politics as the science. I want to know how *current* consensus models fail to match up with the data or are non-predictive, and what alternatives out there work better.

    ***
    kcr357,

    You're probably right. The problem is that many humans will die and suffer in the transition, because most rely on subsistence farming to feed themselves, and don't have the capital to be mobile.
    11 Jul 2011, 08:59 PM Reply Like
  • I don't think anything is going to occur quick enough that families will have to move by next week or starve, I just don't see that drastic an effect happening that quickly. Also, if GW does occur, and 5 million people in Africa die due famine, but 7 million people in Russia that would have perished before GW live due to a favorable change, is that not an improvement? My biggest problem is that somehow, we accept GW as nothing but detriment(history proves otherwise, do you not agree?) Why is that?
    kcr357,

    "You're probably right. The problem is that many humans will die and suffer in the transition, because most rely on subsistence farming to feed themselves, and don't have the capital to be mobile. "
    11 Jul 2011, 11:00 PM Reply Like
  • Countries whose food production would benefit from warmer temperatures already have a higher standard of living. Who in Russia is going to die of starvation anytime soon?

    The concern is that the places with the highest population density also have the most people living hand-to-mouth, as well as the warmest climes already -- central and sub-Saharan Africa, South and southeast Asia. If they suffer droughts and lowered food production, a *billion* people will become refugees. Even on a generation timescale (~30 years) there's just no way to handle that.
    12 Jul 2011, 12:20 AM Reply Like
  • So which is it Hypos? Above you claimed "The current climate models reconstruct the temporary cooling in the early 70s" and you spoke of model predictions. Now you claim it's a reconstruction of the temperature record, not a model. The fact is you don't have a clue as to which is the case.

    A temperature reconstruction is a model - specifically a statistical model (something that Mann had no expertise in which in part was a force in him being discredited). The graph is the output of that model. There are no temperature records going back a thousand years or more, thus they're reconstructed via models from what are called temperature proxies such as tree-ring data. The problem with the Mann hockey stick, which you still haven't addressed, is that it shows a sharp spike in temperature over the last couple of decades that hasn't occurred, and more importantly isn't present in the temperature proxies used. (This led to the famous Mann email quote of "hide the decline" as they manipulated the code and data in the model to make the blade spike up where the proxies were trending down.)

    The numerous failures of the Mann's work are well beyond what can be addressed here. This Guardian article is a good start. Note that one of the revelations of the East Anglia emails was that many of Mann's colleagues privately discredited his work although publicly they appeared to position themselves in his camp. Also keep in mind the existing temperature data is manipulated in various ways and highly suspect as the second link provides one example of.
    www.guardian.co.uk/env...
    washingtonexaminer.com...

    Another fault of Mann's graph is he manipulated his data and model to eliminate the Medieval Warm Period and other warm periods from his graph, making the "stick" absurdly flat. This is quite contrary to other research findings.

    www.springerlink.com/c...

    “The late-twentieth century, however, is not exceptionally warm in the new record: On decadal-to-centennial timescales, periods around AD 750, 1000, 1400, and 1750 were equally warm, or warmer. The 200-year long warm period centered on AD 1000 was significantly warmer than the late-twentieth century (p < 0.05) and is supported by other local and regional paleoclimate data. The new tree-ring evidence from Torneträsk suggests that this “Medieval Warm Period” in northern Fennoscandia was much warmer than previously recognized.”
    12 Jul 2011, 02:29 AM Reply Like
  • Mann's hockey stick is a temperature reconstruction. The link I gave in my previous comment is a model prediction overlaid on instrumental temperatures. Two different things, which is why I was wondering what you were on about.

    Now, the reason I guess you care so much about Mann is that his "hockey stick" is used to validate current climate models -- is this true? Does the data used by climatologist these days ignore the Medieval Warm Period, or use his other assumptions which you disagree with?

    Again, I'm not interested in climate science politics, I'm interested in the science.
    12 Jul 2011, 04:07 AM Reply Like
  • Ok, sure, that *could* happen *if* we are correct about GW. Then again, it might not, or GW could be the result of planetary wobble(proven), slight changes in Earth's orbit(proven), or increased sunspots(the next ten years are predicted to be extremely low in SS, making temps much lower than before). We are more certain that an occurrence we aren't sure is even happening is going will have effects we can't predict will cause more strife than ones we know will happen? If your concern lies with lives and being proactive in preventing more deaths, is it not foolhardy to assume GW when there are at least 3 other things that can/will cause the same effect? Seems the only option is to relocate; reducing c02 isn't gonna do jack in the face of Earth's orbit changing.
    12 Jul 2011, 10:32 AM Reply Like
  • All those links I gave dealt with the science. You want to ignore them because they don't present a clean picture of the science. A temperature reconstruction is done via a model. The instrumental record isn't a single set of temperature readings over time - there's no thermometer stuck in Mother Earth from which readings are taken. It's a collection of thousands of sites that come and go over time and whose surrounding environment changes over time with respect to any single site. They can't be used in the raw form so they are thus fed into models. One of the issues is that the GISS record is corrupt. Gavin Schmidt has been caught on a number of occasions fudging the adjusted temps so that they will show a consistent rise in temperature, with the result being embarrassment to the GISS as they've had to retract the data and re-work and put up new data. Similar manipulation was going on in the UK (the previous link with the Russian's complaints about the Hadley Center selectively excluding data is yet another example).
    12 Jul 2011, 11:47 AM Reply Like
  • I think it's a fairly reliable prediction that if climate changes, subsistence farming will be disrupted, and many poor people will face skyrocketing food prices and famine.

    Also, you are referring to the so-called Milankovich cycles. That time scale is 10,000 years, not 100 years like CO2-driven climate change. And, the sunspot cycle only changes the solar output by 0.1%, which affects climate but not nearly as much as increasing CO2 concentrations enhancing the greenhouse effect.
    12 Jul 2011, 11:53 AM Reply Like
  • "I think it's a fairly reliable prediction that if climate changes, subsistence farming will be disrupted, and many poor people will face skyrocketing food prices and famine."
    Same with making ethanol, unfortunately.
    Here's a passage from a nasa article indicating SS can and do have quite a measurable effect on the climate
    " "Historical records of solar activity indicate that solar radiation has been increasing since the late 19th century. If a trend, comparable to the one found in this study, persisted throughout the 20th century, it would have provided a significant component of the global warming the Intergovernmental Panel on Climate Change reports to have occurred over the past 100 years," he said."
    www.giss.nasa.gov/rese.../
    12 Jul 2011, 01:07 PM Reply Like
  • Also, if you look at the spike in temps in the 1940's and the spike in c02 in the 1960's, it seems that would in fact coincide with what increased SS activity would do(recall the link I posted from nasa indicating SS can have quite an effect over time) It would also fit with the notion of c02 increase proceeding temp increases due to dissolved ocean gases and increased water vapor from increased evap.
    Here is an article showing there was a 22f temp increase over 50 years 11k years ago, man had NOTHING to do with that, so abrupt climate change is not proof of human cause.
    www.sciencedaily.com/r...
    I really gotta get back to work, will continue later.
    12 Jul 2011, 01:34 PM Reply Like
  • Thanks for these links! I'm no expert, and I'm curious how big an impact solar fluctuations really have on global temps.
    12 Jul 2011, 09:42 PM Reply Like
  • Thanks for not hurling insults when I disagreed :).
    12 Jul 2011, 09:56 PM Reply Like
  • Does it matter if global warming is real (and man-made) or not? Coal power is very, very dirty for reasons other than CO2.

    CO2 is a good proxy for pollution in general. Cut back on CO2 and you also cut back on all kinds of toxic nasties. As long as Australia can handle the added tax (it really isn't onerous) then why not go through with the plan??
    11 Jul 2011, 10:58 PM Reply Like
  • CO2 is a good proxy for particulates and acid compounds from dirty sources in 3rd world countries. In developed countries, however, power plant exhaust scrubbers and catalytic converters are pretty darn effective.

    CO2 has another nasty effect besides enhancing the greenhouse effect, which is ocean acidification. This one is beyond dispute, and is bleaching corals and may disrupt fish stocks.
    12 Jul 2011, 12:13 AM Reply Like
  • If CO2 is a good proxy, then how do you explain much higher concentrations of CO2 in geologic history? Was that tied to pollution and by whom?

    There's another explanation and that's that numerous papers conclude that temperature changes precede (rather than follow) CO2 level changes. Given the properties of the oceans as CO2 sinks/sources as they cool/heat-up it's not difficult to understand why this would be observed.
    12 Jul 2011, 02:41 AM Reply Like
  • Well, CO2, from whatever source, is a greenhouse gas. Isotope analysis verifies what we already inferred from other measurements, that the vast majority of the CO2 in the air now is from human activities. So if this is causing climate change, maybe we can do something about it.

    You raise an interesting point (that I heard elsewhere) that temperature usually start to rise before the CO2 levels pick up in the historical record, and the simplest explanation is indeed that CO2 is released from natural reservoirs. However, as I understand it, the point is that this CO2 release then provides positive feedback to the warming, making it much greater.
    12 Jul 2011, 04:12 AM Reply Like
  • Water vapor is a far more effective greenhouse gas. Sun activity plays a larger role. You're worried about the fly on the elephant's backside when you've not even proven that AGW on a climatic time-frame exists.

    We don't simply take actions because something might be causal. Just because I might be killed in a car accident if I get in a car today, doesn't mean I refuse to get in a car for the rest of my life. We only take actions based on risk/benefit analysis.
    12 Jul 2011, 11:57 AM Reply Like
  • Questions:

    Do you think climate models fail to capture the dynamics of water vapor and cloud formation?

    Also, do the climate models miss large fluctuations in solar irradiance? My understanding is that fluctuations are quite small small, even during sunspot cycles.

    BTW, not driving is one of the best ways to increase your expected lifespan :) Of course, if you like the lifestyle it may be worth it to you. I'm not sure the same felicific calculus can be applied to whole civilizations, esp. when the benefits and costs are not commensurately distributed.
    12 Jul 2011, 12:46 PM Reply Like
  • What I mean by proxy is that most human activities that produce CO2 on an industrial scale also release other various polutants as well. For example, coal power plants release CO2 but also sulfuric oxides, nitrogen oxides, ash, toxins (mercury, lead, arsenic) and radioactive isotopes. If you cut down on coal use you not only cut down on CO2 but also everything else that is released by burning coal.

    From wikipedia: "A 1,000 MW coal-burning power plant could have an uncontrolled release of as much as 5.2 metric tons per year of uranium (containing 74 pounds (34 kg) of uranium-235) and 12.8 metric tons per year of thorium."

    Personally I'm not too worried about global warming but I'm all for cleaner air and water. Also keep in mind Australia gets the vast majority of its electricity from coal.
    12 Jul 2011, 03:58 PM Reply Like
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