The economy has again trumped the environment.
Australia’s soon to be introduced carbon tax (the word “tax” is not wrong, but because of modern understandings of the term, it has unfortunate implications when it is really nothing more, or less, than a cost of doing business) has been lambasted by the retiring head of Australia’s Future Fund.
 |
| Departing Future Fund chairman, David Murray. |
David Murray, who ends his term as chairman of the fund's board on Monday, April 9, and who was the former CEO of the Commonwealth Bank, has told ABC Radio that the carbon tax is "very bad" for the Australian economy.
He said: "If you want me to tell you my view, it is the worst piece of economic reform I have ever seen in my life in this country".
Mr Murray obviously knows a lot about our economy, but is well down the hierarchy of those who understand the science of climate change making it clear that he should say in the report that there is no link between carbon dioxide and global warming.
Read the full report here: Departing Future Fund boss savages carbon tax.
No comments:
Post a Comment