Green tape and Abbott’s blood oath

Australia must find a plan B for reducing carbon emissions, because when Labor loses the next election, we won’t have a carbon price to fall back on.

If you make investments on the basis of probability rather than blind hope, you’d be mad to expect that in five years time Australia will have a carbon price in place and a $10 billion fund to invest in energy efficiency and renewable energy. 

Labor will lose the next federal election and Tony Abbott will follow-through on his blood oath to rescind the carbon price and abolish the Clean Energy Finance Corporation.

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