Emissions Trading Scheme Set To Increase Food And Grocery Prices By 7%

The Food and Grocery Council, together with large Australian retailers have warned that the proposed Emissions Trading Scheme (ETS) will result in more expensive food and groceries, with food price increasing at the checkout by up to 7%.

What this means to you is that if this mangled, complicated and utterly useless ETS legislation is passed, food prices WILL increase by 7%, as farmers, wholesalers and retailers will have a solid excuse to justify their profiteering.

Such price increases occurred when the 10% GST was introduced in the year 2000, and you may remember when a cyclone hit a banana-producing region of Queensland, ALL banana prices went up by up to ten times – 1000% for almost a year, even though other banana producing regions were unaffected and we could have easily allowed cheap imports from New Zealand.

I am conservative when it comes to my belief in human nature. Most people will pretend to believe in something whilst they believe it is socially beneficial [cool] or financially beneficial to do so. People are happy to make token gestures like sticking a ‘go green’ bumper sticker to their car or have a fun day out at a protest rally with friends, but when it comes to pulling money out of one’s wallet, people show their true selves. We are seeing increased voices in the media questioning the basis of evidence for catastrophic predictions of climate doom.

The proposed ETS legislation, that has been the subject or negotiation (horse-trading) between the major political parties and independents is complicated and full of exception clauses for all industries with powerful political lobbies.

Its phasing in has been drawn out over a number of years to try and stem public outrage. I question whether this legislation will result in a single molecule of CO2 from being generated. If there are any savings, the CO2 emission growth of our crucial trading partner China will cover them within a week.

If talks over this legislation collapse and resulting an election. I know who’ll be getting my vote – the party that promises to rip up this worthless piece of paper.

Oh yes – the disclaimer – I will take a complete U-turn on my position once I see:

Falsifiable scientific evidence proving that human CO2 emissions have a significant and detrimental impact on climate – i.e. an experiment that makes a clear prediction that can be tested.

Evidence that any plan to mitigate this will be effective and based on sound science.

The post Emissions Trading Scheme Set To Increase Food And Grocery Prices By 7% appeared first on Here's Trouble.

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