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The Forum > General Discussion > Manufacturing plants start to close ahead of Carbon tax.

Manufacturing plants start to close ahead of Carbon tax.

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Lexi,

Any plant that closes never has only one reason. Having invested capital in building a plant owners are reluctant to walk away and pay huge closing and retrenchment costs. While the smelter might still have had a dismal future, the carbon tax sealed its fate.

Without the carbon tax the plant probably would still have closed, but it may not have. The carbon tax will be for many plants the straw that breaks the camel's back. For investors, it is yet another reason not to invest in Australia.

The production in Australia will be replaced no doubt by more carbon pollution intensive plants in China where there is no carbon tax.
Posted by Shadow Minister, Thursday, 24 May 2012 3:56:57 PM
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et off of our addiction to fossil fuels, especially oil.
Ludwig,
Agee, what alternative do you have in Mind ? Ah, I see, something ! Yes that'll work.
Posted by individual, Thursday, 24 May 2012 6:00:07 PM
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Dear Shadow Minister,

The CEO of Norsk Hydro - has stated quite
clearly - their predominant reason for closure is that
no-one is buying their product. It has nothing to do with
the carbon tax. The problem of the
carbon tax was created by Mr Tony Abbott. One goes, so will
the other.
Posted by Lexi, Thursday, 24 May 2012 6:23:30 PM
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Staff entitlements are a major issue with closing a business and, some businesses continue to trade, at a loss, simply because they can't afford to close.

Like all staff entitlements, they should be paid weekly and lelf to the staff to manage.

Or perhaps paid into a government run trust fund, where they can be drawn upon if one looses their jobs.

A for te carbon tax, if anyone thinks any business can incurr an additional cost, without pain, you must be on a different planet.

Wake up to your selves, cause it's gunnar hurt!
Posted by rehctub, Thursday, 24 May 2012 6:24:24 PM
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One goes, so will
the other.
Lexi,
You wish. The one thing that Labor didn't count on was that because of their dismal managing the average voter started to think a bit more & they woke up. So, come the next federal election I wouldn't be at all surprised if many Labor supporters put loyalty aside in favour of sense. Well, at least common sense should dictate that.
Posted by individual, Thursday, 24 May 2012 7:58:23 PM
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Indi, you agree with me, but then you have this weird dig:

<< Ah, I see, something ! Yes that'll work. >>

Hmmm, you are one who likes talking in riddles aren’t you!

Noiw, moiybe moi broin ith roily thmoil, but Oi duzth not undathtayand yoo!

Pleathe could you rephrathe thith. Thayankth.
Posted by Ludwig, Thursday, 24 May 2012 8:25:05 PM
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