Carbon trading THANKS Kevin bl**dy Rudd

Chappo

Here we go ,, I am a swing voter and actually voted for Kevin and the labour party ,, STUPID STUPID ME.
I guess most of you would have recieved your electricity bills by now ,, I had a bl**dy heart attack ,, we used a lot less but paid MUCH more ,, thanks Kevin bl**dy Rudd ....., a 21.5% increase in prices ,, unheard of in Australian HISTORY!!!!
Thanks Kevin bl**dy Rudd.
But ,, hold on ,, Big Kev has a lot more coming now. Yes the Kevin bl**dy Rudd Carbon trading scheme ..... most families can expect an increase of food and ELECTRIC/Gas prices AGAIN of some $50 per friggen week!!!!! Thanks Kevin bl**dy Rudd.
So the 21.5% increase in electricity prices was just a way of blunting the knife for more increases coming from the Kevin bl**dy Rudd Carbon scheme. Food , lets take a look here ,, prices have been escalating at a huge rate ,, yes i do KNOW because i do the shopping ,, but now BIG Kev with his Kevin bl**dy Rudd carbon trading scheme will jack prices up again!!! So what do i do ???? The Aussie dollar is going great ,, China / India / and most other countries are NOT paying for a Kevin bl**dy Rudd carbon scheme so their products are suddenly the only products I can afford,.........., good by Aussie farmer.
If nothing else in life I have learned if can't seem to beat them , then JOIN THEM. I did that with banks ,, HATE bank fees etc ,, but buying bank shares and making money out of it sure prooved a great idea.
So Mr Kevin bl**dy Rudd ,, you leave me no choice but to JOIN your stupid carbon trading scheme. I own several acres of land in north east Thailand and can "rent " a lot more , so MY carbon trading answer ,, grow 10,s of thousands of Eucalyptus trees ,, I get Australianlectricity companies pay me to grow them ,, I get the money ,, then after 10 years the tree value is excellent ,, I tell the Australian electricity companies to go and get RUDDED ,, the trees are cut down , turn to char-coal and sold to the Thai people to burn as fire wood,.....,,,GREAT idea Kev , what was the gain here for the world???? But you left me no choice but to use you STUPID Kevin bl**dy Rudd scheme to pay my bills.

jessy

He gave me interest freeon my tax :blackeye:

But my elecricity bill is through the roof...literally....looking at solar panals now...just have to wait for him to reintroduce the bill that he just took out for conpensation on buying solar :roll:

Chappo

It all becomes clearer now ,, i just did a read on Kevin bl**dy Rudds "white paper" on Carbon trading . Expect a 16% increase in electricity costs ,, THAt is why we just got 21.5% ,, so now we look forward to 16% on top of original price PLUS 16% on top of the 21.5% increase ,, LOVE YOU KEV:(
So Kevin bl**dy Rudd ,, lets put in in real terms in real dollars ,
A $400 quarterly bill last year is now $501 AND the Kevin bl**dy Rudd carbon scheme will add 16% not only to the original $400 but also to the EXTRA $101 Kevin bl**dy Rudd approved,,, so now we are looking at $581.16 AHHHHHHHHHHHHHHHHHHH
Yes Kevin bl**dy Rudd has just ripped us all off by near 50% ,, yes near 50 friggen percent ,,!!!%^$#@**&&%$$#(*&&%$++**
Always remember ,, WE voted for this ,, I for one will NEVER make that mistake again.
BRING BACK LITTLE JOHNNY.

Chappo

Up to now I have focused on the little news ....., what about those with mortgages?? yep that nuisance payment for the roof over you and your family.
Well , as we all know , interest rates are set by the "Reserve Bank" ,, well from what I see they actually do a pretty good job .......... but they do have a focus on what is called "core inflation" , so they look at prices of basic needs and if those prices go up , they make sure inflation is kept under control by raising interest rates. Hmmmmmm ..... I would think Electricty would be included in the Consumer price index along with food etc ,, Well Kevin bl**dy Rudd just HIKED electricty prices some 50% ,, that is going to really bend those Consumer price numbers .....,, so what will the reserve bank do in response??? YEP , they have little choice but to UP the interest rate ..... how much ?? well I would think they need to raise it a LOT. I mean a 50% increase in electricty , gas going up , food going up ..... it all adds up to a big inflation worry .........., It is suc h a HUGE Kevin bl**dy Rudd fark up that we may well see mortage rates hit 9% within 6 months. Good on ya Kev.
BRING BACK LITTLE JOHNNY

novaris

Inflation in essential services i.e water, gas, electricity is rampant our water has doubled and our power will too so I think you maybe right about interest rates.

Also maybe Copenhagen is more about politics and global government than about saving the planet.

Article in the Australian questions the motives of Copenhagen.
http://blogs.theaustralian.news.com.au/ ... _plot/P75/

ajajaj

http://noagenda.mevio.com/

these guys are quite on the same level as you chappo - and I agree with you these guys are all out to screw us

Dufflight

When they stoped council from raising rates our water went up 160percent. The water was raised at a recent meeting and the cost of water in your rates and the usage was due to the cost of pumping and the pipes under the ground. I think its funny that we are still paying for pipes that have been under the ground for over 40years. Must of been gold plated. Then again we pay for the levy around the town that has been here just as long.

aLostHippy

i like to think myself as green... yes i know... you probably dont realise due to my name....

but i dont agree with the carbon trading scheme... if there is to be any chanch of reversing the output of carbon...then REDUCING the out put is the logical answer...

i worked last year in a town that had a power station as its backdrop...

my understanding of how electricity is priced is thus...

the power plant produces power to the highest peak usage in a day..this way they have it there if the power is required... so it sits at that level all day.. and this monetary charge is worked out to cover it..
so if we as a populus reduce the amount of power we consume then there is not enough money coming in to cover the cost and profit that the power company wants...so they up the price..

it is a cycle..if we use less then they will charge more to cover the loss..

i am not sure of exactly how many of australias power producers are owned by australians..but i know the one where i worked was owned by japan.. so i guess if other countries fared worse than oz in the recent economy drama..they would be looking at getting some further returns on their investments...

most of our state govnt have sold off power stations to pay for ...who knows what...so i guess that we are really at the mercy of who has the power...... :roll:

Lungy

Chappo wrote:

Always remember ,, WE voted for this ,, I for one will NEVER make that mistake again.
BRING BACK LITTLE JOHNNY.

You do realize Jackboot Johnny had a similar policy but didn`t want to implement it as fast as Kevin07.
Mr Turnball and Co also believe in a ETS just not for the heavy polluters(ie their mates).
That aside what has Kevin07 got to do with price hikes of privately owned power generators when the ETS has not even passed parliament yet.

RupertofOZ

Ok... lets get the facts straight (Chappo)...

The recent 22% increase in power charges by Integral (and others - 17% in QLD).... is not in any way due to the Rudd governement...

Integral Energy (and others) filed for the increase and were granted it by NSW IPART... following IPART's "2009 Annual Review of market-based electricity price purchase cost allowances "

http://www.ipart.nsw.gov.au/investigati ... docgroup=1

In http://www.ipart.nsw.gov.au/files/Marke ... 202009.PDF ... it is wrote:

market-based electricity purchase cost allowance has exceeded the allowance
provided for in the 2007 determination by 14, 15 and 16 per cent for EnergyAustralia,
Integral Energy and Country Energy, respectively. This exceeds the 10 per cent
threshold set out in the determination and, therefore, requires IPART to revise the
allowance included in the retail prices from 1 July 2009.
As a result of the increase in the electricity purchase cost allowance alone, retail
prices will increase by 6 per cent for EnergyAustralia and Integral Energy and 5 per
cent for Country Energy. Network prices, which comprise around 45 per cent of the
total retail bill, are likely to substantially increase as a result of the Australian Energy
Regulator’s (AER’s) 2009-2014 distribution and transmission price determinations.
Additionally, IPART has updated its inflation estimate.
In addition to both the network increases and wholesale price increases, retail
electricity prices will need to increase because the price increases under IPART’s 2007
retail price determination are being phased in. The contributions of each of the three
sources to price increases to the change in the electricity prices is shown in Table 1.1.2
These price increases are similar to those signalled in IPART’s March 2009 draft report

This review was based on a report from Frontier Economics ... commissioned by IPART....

IPART... IMO... with the boogiest bit of mathematical miscalculation and statistical modelling determined that the ...

Wholesale price of power provided to suppliers (such as Integral) had risen about 10%… when in fact the price of coal had fallen by 50% during the review period… and is projected to fall further…

Price increases due to transitioning in 2007 determination averaged about 6%…. And …

Impact of increased market based electricity cost allowance from 2009 review about another 6%…

Giving…. A total percentage increase of around 21.7%….

And that’s what Integral and others file for… and were granted by IPART

Now my high school maths would tend to suggest that a 10% increase in one cost, 6% in another… and a further 6% in another cost….

Would reflect an average price cost increase of 7%…. But IPART choose to compound the cost increases…. NOT AVERAGE THEM

This is the same mob who has approved previous increases averaging 8% per year for Integral…. On the basis… “that they haven’t had a price rise over the preceeding 12 months”…. :shock:

Regardless of the actual CPI….

A couple of other points to note…

The price of coal has fallen…

The most recent information forecasts a material reduction in energy demand for NSW for 2009/10

Part of the economic modelling incorporates the cost of replacement of generating capacity…. :shock:

That’s right…. We, as individuals and taxpayers…. Are being expected to fund the capital expenditure of a business in capital plant and asset replacement….

And pay extra for the end product as well….

This has NOTHING to do with Kevin Rudd…

The CPRS does… and I’ll comment on that later

Burnsy

At the end of the day it all comes down to privatisation, electricity and water is no longer considered an essential service provided and maintained by the government. So as such they are expected to run at a profit which means we have to pay for the capital out of our bills instead of it coming from our taxes as it has in the past.

This really gives me the :pottytrain5:

considering we are not a poor nation and the government has more than enough revenue streams already in my mind.

novaris

Just to throw some more issues into the mix :twisted:

Quote:

This is one of the most frightening comments I have ever written for Business Spectator. Three months after our first meeting (Trading carbon for disaster, August 7) representatives of most of the power players in Australia – but particularly connected to Victorian power generation – including banks and analysts again met with Alan Kohler, Steve Bartholomeusz and myself under the 'Chatham House Rule' to explain what would happen if the carbon trading legislation was passed in its present form today.

http://www.businessspectator.com.au/bs.nsf/Article/Carbon-trading-ETS-CPRS-climate-change-pd20091116-XUBQB?OpenDocument

I have just realised that you might need to be a subscriber (its free but not everyone will want to) so I will also paste a couple of the paragraphs that astounded me.

Quote:

Within a week of the current proposed legislation being passed, the boards of each of the companies that own the Latrobe generators will meet with their auditors on whether the companies’ debt covenants have been broken. Almost certainly a majority, if not all the boards, will decide to appoint official administrators.

Quote:

Talking to the bankers in the room it seems that if they are forced to appoint administrators, while their administrators will only sell on a spot basis, they will not do anything to reduce output.

However, they are about recouping their loans, so they will cut back on long-term maintenance. In South Australia earlier this month a power break down sent the spot price for electricity from the long-term contract price of around $45 a per megawatt hour to $10,000 per megawatt hour for about two hours. Once hedge contracts and long-term arrangements are not in place then a break-down in the Latrobe Valley could see the spot price go very high with huge losses to retailers who can’t pass on the cost. And as long-term maintenance is run down the power interruptions will become more and more prevalent with enormous cost to industry. Victoria will suck as much power as it can from NSW but the line connecting the two states has limited capacity so Victorian industry will bear the brunt although it will affect the whole nation. NSW and Queensland use black coal which does not emit as much carbon but they will still be affected. However, the stations are owned by the government so they will not go broke and long-term contracts are not jeopardised.

The Victorian government has received the KPMG report which spells out exactly what will happen. The Victorian government has explained to the federal government what will happen but the level of understanding in Canberra is very poor and they have not yet grasped the implications.

mickeyb82

really wanted to add my 2 cents worth....

but wanted to remain positive in doing so....

least the next few years wont be dull (dim from the lack of lighting but not dull)

stay positive

meditate/pray more

and i believe most importantly b the person in your area co-ordinating/organising COMMUNITY action groups, growers groups, community gardens, farmers markets, seed savers and all the other integral parts of OUR COMMUNITY because its grass roots action and LOONS like us that have the ability to make the transition away from our carbon based economy considerably more comfortable for the AVERAGE consumer (read sheeple)

now i just gotta convince myself anyone not on the wagon yet should not nessisarily be draged out the back and shot and used as organic fetilizer........... :banghead:

creative1

I wonder who started all this privatization?
You didn't vote for them chappo did you?

Grass roots yep :flower:

Chappo

Privitisation has been ongoing for a long time. In fact didn't the Roman Empire have it's army as a sub-contracter at one stage?
Anyway , you'd need to tell me if I have voted for the people you consider started privatisation ,, lets see ,,
From memory I have voted for ..... Robert silver shark Hawke , Paul recession Keating ,, Little Johnny Howard ( twice) and Kevin bl**dy Rudd.

Anyway ....., GEE I feel better ,, this "Venting" sure does work.

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Carbon trading THANKS Kevin bl**dy Rudd

Backyard Aquaponics
A place to discuss aquaponics