The Forum > General Discussion > $40/ton The threshold before change occurs.
$40/ton The threshold before change occurs.
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It is much easier for them to reduce carbon by say 20% or whatever the
latest figure is because such a large percentage of their energy comes
from nuclear power stations.
Therefore the change effect on their economy is much less than it is
here in Aus.
We will be lucky if we get away with less than $30 billion anyway.
If oil prices rise as expected we will be flat out paying for that let
alone our carbon prices and levies imposed by other countries.
At present we are paying around $25 billion a year to import oil
products which is expected to rise to about $40 billion as our own
production continues its decline.
That cost alone will be more than the total NBN cost EVERY YEAR !
And then China will decline !