...or maybe the flying monkeys can be converted to slave labor and run around turbines to generate energy....Oh wait, not Oz, land of...but Oz, Australia....
The question is, could it be coming to the US soon?
Australian greenhouse gas emitters believe that emissions-trading costs of about $65 a tonne of carbon are inevitable, forcing household electricity bills to rise by almost 100 per cent.
The new director of the Australian Industry Greenhouse Network, Mike Hitchens, told The Australian business should look to evolving carbon markets in Europe to estimate the future cost of emissions trading.
"We all need to understand that linking to other emissions-trading schemes outside of Australia is inevitable, whether done formally or informally," Mr Hitchens said.
"That means that it's the world price of permits we need to incorporate into analysis about the impacts on the Australian economy, not simply the implications of setting our own targets.
"The price of emissions in Australia will very likely be set in Europe. Australia is a price taker for commodities in all other global markets, and we will be a price taker in this global market as well."
So, in the name of "saving the planet," we will freeze out the poor? How will they pay for heating costs? Wait, the government will pay for it, and free heat for everybody, right? Wouldn't that be great? Shame that it would mean higher taxes, more of a terrible economy, and heading toward the status of a 3rd World country...but isn't that would the Enviro-weenies want?
You can expect garbage like this to be coming to the US with a liberal Democrat victory in November....
