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Monday, July 07, 2008

Discount Costa on ETS


New South Wales Labor Treasurer Michael Costa has slammed the Garnaut Report.

And so he would if he based his budget projections on hawking off a bunch of depreciating polluting assets that will be worth even less if the reports recommendations are implemented.

Bummer when your budget balancing efforts don't look so good once emissions trading schemes are implemented.

After all the Great Barrier Reef is in Queensland. Why should he or the good citizens of New South Wales care?

So much for coast to coast Labor harmony.

Thanks Hugh Manatee

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7 comments:

Jayne said...

What a charming little man.
I'm sure he'd find himself quite at home in Zimbabwe.

Baht At said...

you need to have a look at something you've added to your blog recently - it is stalling my browser on a regular basis for periods of 2 to 3 minutes.

Lord James Bigglesworth said...

Funny - I thought there was a strip of ocean in between.

Chervil said...

The citizens of NSW do care but nobody listens to them - and at the last election the opposition provided no electable alternative. However, I do think the majority of voters in NSW now would like to see the backs of Iemma, Costa et al.

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