From The Australian's Business section an article which shows what this plan has already done for business confidence in the mining and exploration industry. (H/T Wand.)
Tony Abbott will use the Minerals Tax as an election issue.
Oh, and it's the 25th anniversary of the discovery of the ozone hole, and they're calling for more action on AGW/CC. Hoping for some disaster to prove AGW so that there will be panic and action... he calls it political will.
DAVID MARK: That in turn led to the Montreal Protocol that was signed in 1987. As you said that happened relatively easily. It's the exact opposite in terms of trying to come up with some kind of international treaty to stop greenhouse gases. Does your experience with chlorofluorocarbons give you any hope that a solution can be found?The more things change the more they stay the same.
JONATHAN SHANKLIN: It's quite clear that once the political will is there a solution can be found. I think the key thing is getting that political will in place. And sadly I fear that what it will take is a disaster that swings public opinion towards making changes.
Now exactly what that disaster might be, I have no idea. I hope it doesn't occur. I hope that the politicians will sign up to a binding and lasting international treaty because that would be the best solution for the present and for the future generations.
Yesterday's AM program was mostly concentrated on the Mining Supertax.