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