Dr Brian Fisher is an economist who produced a report which says "the Labor emissions target would subtract at least $264 billion from gross national product by 2030 and as much as $542 billion ..."
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The SMH story said the figures depended on rules for big companies to buy international carbon permits to meet their targets.
There would be "a minimum 3 per cent reduction in real wages and 167,000 less jobs in 2030 compared to what otherwise would have occurred," Dr Fisher added.
Dr Fisher has worked for both Liberal and Labor governments.
He was the former head of the Bureau of Agricultural and Resource Economics (ABARE), and a Professor of Agricultural Economics and faculty dean at Sydney University.
He has been a long term advisor to the Intergovernmental Panel on Climate Change (IPCC).
Surely Labor could easily produce figures to prove his assumptions wrong?
Instead, Dr Fisher's report was met with ridicule, and vitriol, but no counter-estimates.
Millionaire Simon Holmes à Court suggested on Twitter that the media "send a camera crew around to film" Dr Fisher's offices, linking to his home address. Result? Activists egged Dr Fisher's home.
Why would a millionaire get involved? Well, this is probably just coincidence, but Mr Holmes à Court, according to the Australian Financial Review, has made it his mission to obtain greater renewable energy subsidies and a price on carbon dioxide! A millionaire who would like a bit more of your money?
Who is going to reap big profits from climate change hysteria?
- Keith Wheeler
Mr Holmes à Court inherited his money from a daddy who made his millions from industries like coal, oil and gas. Sort of like that other climate hero, Al Gore?
Climate preacher Dr John Hewson is Professor and Chair in the Tax and Transfer Policy Institute at the ANU Crawford School of Public Policy - surely a joke, when he lost the 1993 election because he couldn't explain his GST plan!
In 2016 Dr Hewson was promoting "... a system that 'refines' coal and turns it into granules that can then be used in power generation, as a replacement for diesel and gas, in transport, and in space heating. The potential market, they say, is in the 'trillions' of dollars," the Renew Economy website reported with some horror in 2016.
Dr Hewson has now warned that a new global financial crisis could be triggered by the financial and economic implications of climate change. True, if Bill Shorten's hare-brained policies are implemented!
Dr Hewson is chairman of Port Augusta Graphite Energy (formerly Solarstor) which could benefit from taxpayer subsidies. The proposed Port Augusta solar thermal power station promises 24/7 baseload and peak load generation.
The neighbouring Port Augusta Sundrop Farms tomato hydroponic operation uses solar energy to desalinate water and grow crops. Despite a 10-year contract to supply Coles, the operation is losing millions each year.
Malcolm Turnbull's son, Alex, is supporting "independent" climate candidates to defeat the Liberals. Well, I'm sure it's just coincidence, but major shareholders in Infigen (a renewable energy company) include Keshik Capital, Alex Turnbull's Singapore-based hedge fund.
Follow the money! Who is going to reap big profits from climate change hysteria? The list of millionaires includes more than just Mr Gore.
China is adding enough new HELE coal power plants every six months to exceed Australia's total emissions! Our emissions at 1.15 per cent are a drop in the bucket.
While Bob Brown is protesting against Indian Adani, China just a week ago was given Queensland government approval to expand Yancoal's Cameby Downs production from 2.8 million tonnes a year to 3.5 million. Queensland Mines Minister Dr Anthony Lynham boasted that the move will create up to 20 new jobs and extend the mine's production to 75 years.
Meanwhile, Premier Annastacia Palaszczuk proudly told parliament at the end of April that the mothballed Gregory Crinum Mine near Emerald is set to put on up to 300 workers. Yet Ms Palaszczuk refuses to support an Indian project?
It will be Whitlam deja vu all over again. The rich will get richer. The poor will get poorer as their wages erode through inflation. Power prices will skyrocket, militant unions will rule, factories will close.
The climate change kids will be the ones paying-down Mr Shorten's debt.
