The reality of an economic downturn in Australia and world wide is pulling the rug out from Kevin Rudds plans for Australia to lead the world in carbon emission reduction.
The 2008 Lowy Institute Poll of 1,001 Australians conducted in July (before the Wall Street Meltdown) has shown battling climate change has slipped from the No1 concern for Australians last year to now be No5. The poll revealed:
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“a majority of 32 per cent favoured paying only $10 a month extra on their electricity bill to help solve climate change. However, 21 per cent of respondents were not prepared to pay anything extra.
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Thats 53% of people polled who said that they were prepared to pay no more than an extra $10 a month to fight climate change.
Professor Ross Garnaut estimates that even a target of 10% cuts to emission by 2020 will ad 40% to consumers electricity bill.
Prime Minister Rudd Kevin Rudd will shortly be forced back to reality and have to abandon his Don Quixote windmill fighting ways.
He will soon have to reconcile the political wisdom of imposing the costs of the Emissions Trading Scheme on the Australian public who are suffering in tough economic times.
If Kevin Rudd does press ahead regardless it will be politically “Courageous, very Courageous“.
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Does the name James Scullin ring a bell.
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