Even a $40 per tonne carbon tax would double the cost of power

And of course increase the cost of everything dependent on that power, ie just about everything.

Terry McCrann puts a price on Labor’s lunacy:
… a carbon tax would lead to power shortages and blackouts. It would kill any prospect of the new coal-fired power stations that are the only - the only - way to provide the increased power needs of a bigger population Australia....
So exactly how much extra would we have to pay for our electricity? ...

According to calculations by the Institute of Public Affairs’ Alan Moran, a $40 a tonne carbon tax would pretty much double the cost of power.... But a really meaningful carbon tax would have to be more like $100-$125 a tonne. That would at least triple your power bills. The $1000 cost would become $3000....

And I haven’t begun to detail what that would do to jobs, to investment, to all your basic living situations, such as access to healthcare and schools. You just need to look at Spain which has embraced so-called renewable energy more than any other major country and has a 20 per cent jobless rate and is teetering on a Greek-style financial meltdown....

(Yet) if we reduced our emissions to zero, it would make absolutely no difference to the world’s climate. Today, tomorrow, ever.

http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/labors_hype_will_cost_us_power/

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