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Has the ALP gone feral in its hunt for green votes? : Comments
By Andrew Macintosh, published 26/4/2007The legal right to emit greenhouse gases will soon become a valuable commodity.
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Many people are frightened by Howard's pronouncements that unless we get substantial rain in the next 2 months the producers in the Murray Darling Basin will get no water for stock, orchards, dairy. As the MDB produces more that 40% of Australia's food Howard's pronouncements indicates a fivefold rise in food prices and Australia will have to import basic food stuffs.
Now many people believe that we are running out of oil and if you watched SBS on Tuesday night you would have been aware that there is a body of opinion that we seriously run short of oil in 2013.
If there is anything in this scenario then Howard has fallen asleep at the wheel, and we must act now to secure our food supplies now and into the future. we may have to subsidise family farmers to stay in production so that when transport costs rise we can still eat.
Michelle Grattan said that Howard was making mistakes in the detail of his pronouncements on the water situation in the MDB. Those mistakes have caused panic and shaken confidence in the economic outlook. Yeah, I have calculated CPI figures in the past and I don't believe the current CPI figures.