I see the Canberra Times are reporting this with breathless enthusiasm as – “Plan to slash ACT power bills”. I have not read so much economically illiterate twaddle for years.
I note the comments on the Canberra Times article show their readers see right through the transparent Green scam.
If power companies have to pay out their hard won shekels to buy new efficient appliances for the poor – the aforesaid power company will have to recover the cost from somebody else. No prizes for guessing who.
Another thing that shoots this scheme down for me is that the Federal GreenLabor Govt is already putting a Carbon Dioxide Tax in place to save the planet. There is no need for the ACT Govt to double up and force us and save the planet twice. I have heard the Prime Minister say many times, that people on benefits will be more than compensated for any rise in utility bills and other costs due to the Carbon Tax. Let them update their appliances out of those funds.
Until more Canberra voters put the Greens last at every election – they can expect more mad socialist schemes like this. The only way to stop this scheme is to vote out the ACT GreenLabor Govt later in 2012.
What the Govt could sensibly do is to look at a divorce for ACTEW and AGL – then instruct ACTEW to always buy the cheapest electricity and gas possible for ACT consumers from any available supplier. I thought competition was supposed to be desirable – how did we ever get this uncompetitive ACTEWAGL joint venture ?
And just to get numbers on scale – the ACT Minister Simon Corbell claims the scheme will save 750,000 tons of greenhouse gases by 2016 – not sure if that is every year. Whatever the timespan claimed by Minister Corbell – be aware that on 2010 figures China emitts 750,000 tons of carbon dioxide every 48 minutes. We could bulldoze Canberra back to bush – that gesture would not measurably affect global emissions.