Australia counts the cost of environmental lunacy – and plots its sweet revenge

Telegraph
"$24.5 billion is too bloody much, too bloody much by far, for Australia to pay for the privilege of reducing the world’s temperature, by 2020, by 1/4000th of a degree.

Yep, you read that aright. Australian Prime Minister Julia “Toast” Gillard has hit on the ingenious idea of clobbering one of the world’s most thriving – and also one of the most carbon-intensive – economies with a tax on one of its main industrial by-products, CO2, which will punish business, hamstring economic growth, boost unemployment and make life for everyone outside the enviro-rent-seeking professions more difficult and expensive. And all in order to achieve the wonderful goal of ensuring that by 2020 the world’s temperature will be altered with such refinement and subtlety that not even the most sophisticated measuring equipment yet devised is likely to notice the difference."