Sunday, November 29, 2009

ELECTRICITY prices in NSW will soar by a staggering 60 per cent over the next three years

Labor will pay for this great green tax on everything:

ELECTRICITY prices in NSW will soar by a staggering 60 per cent over the next three years, adding more than $400 to the average household power bill.

And Kevin Rudd’s plan to cut greenhouse gases would account for 50 per cent of the increase, according to a secret report with the State Government.

In alarming news for struggling families, the Independent Pricing and Regulatory Tribunal is recommending the hefty rise in power bills from next July… IPART is disputing Canberra’s forecast that an Emissions Trading Scheme will only add 7 per cent to electricity prices in 2011/12, rising to 12 per cent the following year. IPART expects the impact of the CPRS will be closer to 30 per cent by mid-2013.

Remember that this is just a downpayment on the true cost of this mad tax. You won’t just pay higher power prices. You will also pay more for everything that needed electricity, too - processed foods, clothes, cars, steel, concrete, train rides… You’ll need to pay more for the people who will lose their jobs because of this tax. You’ll pay more for the uneconomic “green” power we’ll be forced to use instead of cheap coal-fired power. You’ll pay for the gassy companies demanding compensation for going broke. You’ll pay for the billions Kevin Rudd is spending overseas to bribe pooer countries to cut gases, too.

You’ll pay. I suspect you’ll one day make Labor pay, too. And make the Liberals pay who said this great green tax on everything was a good idea - because they did not dare say no.

Posted via email from Garth's posterous

No comments: