Genius Gillard:

Tim Blair:

‘Australia has sufficient coal reserves to supply us with power for centuries. Beyond that, we also have massive uranium reserves. But Julia Gillard believes the best way to guarantee continued power is by taxing a trace gas:
Putting a price on carbon is the only prudent answer, because it unlocks one of the most powerful forces on earth – the genius of the street market.
If it works for carbon, why not tax other gases? Maybe if we tax hydrogen we’ll all get free Ferraris.
The alternative is very stark, if we continue to do nothing we will pay a heavy cost – electricity prices will spiral up. Our power supplies will begin to run short.
According to this logic, increasing the tax on cigarettes will boost smoking…’