Industry is shifting away from an Abbott styled “future”

The Australian Financial Review surprised me with a scathing article in reply to Tony Abbott. So much so that I was left wondering if Mr Abbott is even too out there for industry. It is great to see that Marcus Priest, in his post, Smoke and mirrors with carbon figures, just is not buying the claims.

In reply to the fear propagation about rising carbon pricing modelled over the coming decades, Priest wrote;

“Even if it ever reaches this level – which is debatable– companies are expected to reduce their carbon intensity offsetting the rising price.”

Which of course, is the aim of carbon pricing. It’s not expected that industries would be emitting as much greenhouse gases per unit of output in 2020 or 2050 as they are today, meaning that it is not a reasonable comparison.

And I could not help but chuckle when the director of the company that Tony Abbott was claiming to be hindered by the carbon tax was quoted;

“The industry and the communities it supports have a very bright future under carbon pricing,”

But it is not like Mr Abbott often lets reality get in the way of a good camp fire story about the carbon tax to scare the audience…

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