Greg Combet has said today on ABC AM that the carbon tax will bring about innovation. I agree. It will be about innovation. Innovation like:
Now that power is so much dearer, how do I stay warm? Likewise, now that power is so much dearer, and it’s summer, how do I stay cool?
Now that they are shutting down a major power supply, how do we maintain affordable base rate power?
Now that our competitors don’t have a carbon tax and we do, what are we going to discount so that we can sell the product? Or do we just shut down the product?
Now that the government has a tax that they can put up whenever they like, do I trust them to not put it up whenever they like?
Now that the government is $197.1 billion gross in debt, borrowing an extra $3 billion just last week, do I think that in due course they will just use this revenue stream as a desperate attempt to pay back people overseas?
This is all innovation and much more that we can expect from Labor’s carbon tax.
However, the sort of innovation that Australia needs to fix all this is as follows:
If one Labor lower house member, such as Sharon Bird, Stephen Jones, Kirsten Livermore, Joel Fitzgibbon or Yvette D’Ath crosses the floor the carbon tax will not come in. Now that is truly simple innovation that could really get rid of this tax.