Carbon trading scheme could just about shut down Australia.
And some AGW Gurus are not unhappy about it - it won't impact on their lives.
Thanks to wand
Visy warns of job cuts from ETSHonestly, who do the people pushing for a reduction in "carbon pollution" and increasing taxes and tariffs think are the ones who are going to be paying the added taxes and tariffs? I wish they'd wake up that it's a scam.
Christian Kerr September 29, 2008
RECYCLING giant Visy has warned that the Government's proposed emissions trading scheme would force it to immediately close two recycling and paper manufacturing facilities with the direct loss of 160 jobs.
Visy, renowned as one of the nation's greenest companies, has slammed the proposed scheme's cost of $20 on a tonne of emissions, in its response to the Government's emissions trading green paper.
Its submission states that a $20 a tonne carbon price would damage Visy's "corporate engine", Visy Pulp & Paper, jeopardising at least $1billion in planned investment.
"Visy's first-mover status in environmental performance puts it at a disadvantage compared with other Australian industries, including its competitors," the submission says.
"The CPRS (Carbon Pollution Reduction Scheme) does not recognise the carbon benefits from recycling, leading to severe collateral impacts on Australia's domestic recycling/remanufacturing industries.