30 June 2011

Carbon price over $50 needed - Ziggy Switkowski

THE federal government would have to set a price per tonne of carbon of $50 to have any impact on local attitudes towards energy usage, the former head of Australia's nuclear science agency says.

Dr Ziggy Switkowski told a forum today that shifting consumer behaviour around electricity prices "might require different levels of carbon pricing".

The former chief of the Australian Nuclear Science and Technology Organisation used the analogy of charging $2 per litre for petrol, saying that would most likely change people's approach to driving.

"If you were to translate that into electricity, that probably requires a carbon price per tonne of carbon dioxide per year north of $50 to change our behaviours," Mr Switkowski said at the forum on nuclear power in Sydney today.

Federal Resources Minister Martin Ferguson, who also spoke at the Australia-Israel Chamber of Commerce event, said resolving the price on carbon was the government's key focus but wouldn't be drawn on an exact figure.

"Our focus is on setting a price on carbon," Mr Ferguson told reporters in Sydney.

"I am quite focused at the moment in terms of where we're up to in the multi-party climate change committee on resolving the issue on the price of carbon."

news.com.au 29 Jun 2011

Here is another policy put in place by the business community.

These are the recommendations put forward by the former business CEO of Telstra.

During Switkowski's tenure at Telstra, Telstra's share's dropped, signifying lack of investor confindence in Switkowki's business direction.

Switkowski was responsible for not only a failure in business direction of Telstra, but also failed business venture buyout's in what is called in the industry a money for mates scam.

This is when money is 'given' to 'mates' for companies that are not worth the amount of money paid for them.

There are many failed business ventures and projects within Telstra, that are too numerous to mention in this post, but will be detailed in up and coming posts.

Australian comedian Steve Vizard was guilty of fraud within Telstra to the tune of $3 million dollars, but was fined $300,000. A figure of only 10%, i.e. Better than paying tax.

The government should to an inquiry into the fraud and rorts within Telstra, but will not as this is a common practice within the indstry, which will implace too many people in high places.


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