We need emissions targets, not more hot air
Recent comments by federal Nationals party ministers give the misleading impression that reductions in greenhouse gas emissions is about achieving targets for electricity and gas.
Agriculture and transport are also important sources of greenhouse gases. Politicians must tell the community what are the targets and programs to reduce emissions in these critical areas of Australia’s economy.
Residents of rural and urban areas need this information instead of more rhetoric about new coal-powered electricity generators.
Slug fossil fuel miners to ease public transition
The Coalition is to be praised for the Climate Solutions Package to reduce Australia’s emissions. This is being done at a cost to taxpayers of $3.5billion and the current Australian carbon price is $16.10 per Australian carbon credit unit (ACCUs).
However, carbon emissions must be reduced further if we are to reach net zero by 2050, and in a way that does not increase the cost to taxpayers any further.
To do this, a fee on fossil fuels companies at source, and the payment of that money to Australian households during a transition, could be the next step for the Coalition.
Xi, Putin look forward to two-term Trump
The Chinese and Russian leaders must be well pleased that the initially improbable prospect of a two-term Trump presidency has now become increasingly likely based on current polling, economic indicators and Democrat disarray (‘‘State of disunity of Trump fires up base’’, February 6.)
Donald Trump is the sixth US president dealing with the rise of China to challenge, and, if history is repeated, to ultimately replace the US as the dominant economic and military power, notwithstanding any current buoyancy in the US economy.
While there is little any president can do to stop China’s economic and military ascendancy, there is much a president could do regarding democracy, justice, corruption, inclusiveness and above all dealing with the impact of global warming.
Donald Trump is not that person, and that’s just fine with Xi Jinping and Vladimir Putin.
North Adelaide, SA
Rex fluffs landing on route cancellations
For the past 10 years, Rex’s government-subsidised regional monopoly has been my only option when flying for work. The airline would be well advised to look at the way it shamelessly exploits the absence of competition on some routes, not point the finger (‘‘Bid to stop Rex from ending rural services’’, February 6).
On routes with competition, Rex’s tickets are cheaper, flights are on time and I’ve never heard of a passenger being dumped at the wrong destination (which I have been numerous times).
Airlines in glass hangars, I’d say.
One shemozzle away from diversion we need
Combining the subtlety of both Bob Jelly and Tony Abbott, Scott Morrison has just announced the establishment of a long-sought permanent national commission regarding suicide in the defence forces. Any diverting of attention from the sports rorts scandal and the leadership squabble in the Nationals was just a coincidence, of course.
But this is one coincidence we could do with more of. The next time any of the Nats plot the assassination of their leader, there will be an even bigger shemozzle, so even more attention will have to be diverted by something with even more bells, whistles and public attractiveness.
That’s right – next time, we could finally get the establishment of a federal Independent Commission Against Corruption. In that case, go Barnaby!
Coopers Plains, Qld
The ultra-low interest rate policy of the Reserve Bank of Australia is morally challenged, as it is a decision to shaft retirees who rely on interest income in favour of risk-takers. There is too little discussion of whether this is morally wrong. What is right about a central bank biasing interest rate settings in favour of one section of the community over another?
In Thursday’s Financial Review, Philip Lowe is quoted as describing low interest rates as ‘‘a good thing’’. From a medium-term perspective, is it really?