Australia's electricity market is in crisis. Prices soared to unprecedented levels over the summer amidst intense heatwaves and unpredictable weather — becoming almost double what they were under the Labor/Greens carbon price, according to an analysis by the University of Melbourne's Climate and Energy College.
Tagged With carbon tax
Yesterday Elon Musk stunned us (and just about everyone else) by tweeting in support of Rex Tillerson, former CEO of ExxonMobil and likely Secretary of State under the Trump administration. Musk's public image is that of a tycoon using his influence to innovate towards a techno-utopian future powered by clean energy and complete with human cities on Mars. What could he possibly have in common with a mogul who made his fortune sucking the Earth's resources dry? Gizmodo asked him. And today he answered.
Billionaire Elon Musk has a few things on the boil at the moment. He's revolutionising how we all get around with Tesla electric supercars, SpaceX reusable rockets and an experimental Hyperloop, while also working on a plan to launch a Mars colony running in the background. Needless to say, he's a real-life billionaire/genius/playboy/philanthropist. At a recent press conference, he was asked if governments should put a price on carbon, and his answer is incredibly sensible.
Last night, outspoken entrepreneur Ruslan Kogan dropped by the ABC's flagship panel program, Q&A, to participate in a panel about politics with some of the nation's most serious political guns. Deputy Opposition Leader Julie Bishop, Cabinet Minister Bill Shorten, Greens Leader Christine Milne and prominent candidate and comedian Tim Ferguson were all there to join Ruslan, and we had been expecting fireworks like we had last time the man appeared on the program. Instead, we got a soft, by-the-numbers quote or two from Ruslan that spoke volumes about why he was really there.
They say any publicity is good publicity, and Ruslan Kogan's no stranger to generating as much as he can for himself and his online gadget store. Today it's no different, with the latest stunt emerging as a somewhat peaceful demonstration against the Gillard government's carbon pricing scheme or "carbon tax".
I'm married and my wife works, too. We don't have kids. We'll miss out on most of Julia Gillard's tax sweeteners for breeders and singles. According to the government's new Household Assistance Estimator, the Carbon Tax will cost us roughly $905 per year; our offset will be just $306. Bloody hell. Try it yourself and see how you fare. Either way, we'll all pay at least $3.30 per week more for electricity from July 1, 2012.