Billions will be wasted painting pork barrel green

The Australian
"SO it's done. But it's hardly a shining achievement. Even the government's hope is that by the next election most voters will have forgotten it. And who knows, like an unpleasant visit to the dentist, the climate change legislation may fade with time. But it will still be the most expensive dentist's visit in our history.

Not that the government is willing to admit it. That's understandable, for it knows the community is unwilling to make sacrifices for a policy that seems pointless. But even on Treasury's assumptions, the carbon tax will cost a year's national income: that is, $1 trillion."