Belly is indulging in false bravado.Kevin Rudd (Lazarus with a personality by pass)Prime Minister again? His own party hate and distrust him with a passion.Labor is finished Belly.They are totally corrupt and devoid of any empathy for the people that they claim to represent.

Jack Lang would be spitting on the whole party if he were alive today.

There are lots of ways the carbon tax can be emasculated permanently, even without changing the legislation, such as granting permits for free emission for 100% of present capacity, etc, and simply excluding the compensation packages from the budget.

Labor and the greens can challenge this in the senate by blocking supply, which would lead to a double dissolution.

You might remember my comments about China's growth.
Well here is an article on the Energy Bulletin about China's consumption.

http://tinyurl.com/3e74fvy

This why China cannot continue as it is and that it must crash quite soon.
China's orders will undoubtly fall dramatically and they will
concentrate on buying from their own mines.
It will be the effect on Australia that will be our problem.
The only path that we have will be to crank up our manufacturing as
a matter of urgency. No one else will help us.

Interesting article, Bazz.

But in stark contrast to your strong statements using words like...

"cannot... must ... will undoubtly ... will be the effect... will be our problem... only path" etc...

...the article itself - which is quite short - contains seven instances of the word "if".

There's probably a reason for that, you know.

Pericles said:
There's probably a reason for that, you know.

True enough, but some of the limits it discusses are straight out
physical with no alternative, unless a crash in another area prevents
say the building of the projected number of cars, eg not enough oil
to run them or not enough electricity to run the factories.

Anyway, whatever way it goes complex systems collapse for unexpected
reasons.
On the same site there is an article about complex systems and their
vulnerability to unexpected collapse.
eg JUT manufacturing.