Introduction of a carbon dioxide tax to prevent (imaginary) warming, euphemistically disguised as an emissions trading scheme, is a politician's, ticket clipper's and mafia chief's dream. All will welcome a new source of income based on an invisible, colourless, odourless, tasteless and often unmeasurable gas. No commodity changes hands during its trading, and should carbon dioxide emissions actually decrease because of the existence of a carbon dioxide market (which is highly unlikely), the odds are that it will have no measurable effect on climate anyway. Nonetheless, the glistening pot of gold which beckons to be mined from the innocent public is proving nigh irresistible, and it is going to need a strong taxpayer revolt to stop it in Australia.
The present global financial crisis should be inducing politicians not to squander money on non-solutions to non-problems. Yet to support their plans for emissions taxation Western governments, including ours, are still propagating scientifically juvenile greenhouse propaganda underpinned only by circumstantial evidence and GCM computer gamesmanship.
Perhaps a reassessment will finally occur when two-metre thick ice develops again on Father Thames at London Bridge, or when cooling causes massive crop failure in the world's granary belts.
Bookmarks