ttbn,

Let's unpack this IPA "analysis" for what it is: a partisan think tank spinning worst-case modelling into a headline.

The IPA has opposed every climate policy since the Howard era, even ones their own side introduced. Their numbers are based on assumptions that deliberately maximise cost and minimise innovation.

//$290 billion tax burden over a decade//

That's not a real tax. It's an estimated marginal abatement cost - i.e. the economic cost of reducing emissions under various policy levers, including private investment, not just tax-and-spend.

Even the Treasury notes that most of these costs would be borne by businesses transitioning tech and processes, not direct household taxation. And as always, the IPA leaves out the cost of inaction, which Deloitte has modelled at $3.4 trillion by 2070 for Australia if we delay the transition.

//Five times greater than Gillard's carbon tax…//

Yes, because it's 2025, not 2012.

The economy is larger, the targets are tighter, and the scope has expanded. Also, that "carbon tax" under Gillard didn't crash the economy. Power emissions fell. Compensation was provided. And after it was repealed, emissions rose and prices rebounded - so much for that disaster narrative.

//International literature suggests carbon prices must be higher…//

That same literature also says net-zero is achievable with smart policy mixes, including electrification, renewables, efficiency, and targeted incentives - not just carbon pricing. Countries like the UK and Germany are decarbonising with combinations of pricing, investment, and regulatory tools.

Cherry-picking a partisan model, quoting it as gospel, and pretending it's the only economic reality is about as information illiterate as you can get.

Stupidity is doing the same thing over and over for a bad outcome. Twenty three states of the US signed up to net zero. All have had bad outcomes, as has the UK, Germany and other EU countries pursuing this madness.

https://www.cfact.org/2025/06/20/net-zero-is-collapsing-in-u-s-states/

With annual taxpayer handouts to the carpetbaggers heading north of ten billion dollars a year, we are making no difference to world climate, destroying farmland and our natural heritage, destroying the national economy, destroying grid reliability and sending power prices into the stratosphere.

This madness has to stop.

Fester,

Net Zero Australia has opined that $6.9 trillion will have to be spent on this nonsense by 2060.

Pretty stupid when the the penny has finally dropped in the rest of the world, and they are backing away from it.

Climate change cannot be stopped.

Climate change was created by humans so humans can stop it. Any resistance to climate change is by political reasons.
Referencing Europe and other places is not AU we have the sunshine and wind to be different and both are free.
Only whingers come up with scenario's which do not relate to AU which is in Albo's favour.
The libs are deciding which way to go after supporting Labor on climate change. The wrong decision could spell the end of what's left of the libs.

Electricity prices coming down ? Is this an election year ?

Climate change was not caused by humans, and it cannot be stopped by puny humans.

Donald Trump knows this, and he has committed US $150 million to refurbish America’s coal plants. That’s on top of the $600 plus million set aside two months ago.

America will boom. Australia will go bust. It doesn’t matter that the Nationals have dropped Net Zero: they are not the government. The Liberals still believe in it, even though Morrison now says times have changed. One Nation might get 14% of the vote if there was an election now. Big deal.

We still have the Albanese government that the majority of Australians deserve, and Albanese is insane. Australia is well and truly rooted, and Australians have only themselves to blame. They will continue not giving a sh.t until the bribe money runs out.