What the press is saying about petrol, LPG, diesel, crude oil, biofuel etc.
(Click on the "News Article" link for the full story, opens in new window)
Backflip on "the Greatest Moral Challenge of our time"
28-04-2010 SMH. Before the 2007 election, Mr Rudd mocked then PM Mr Howard as a climate change sceptic, someone unwilling to even ratify the Kyoto Protocol; someone who didn't take the profound effects of global warming seriously.
As late as October 28, 2009, Mr Rudd declared: "Perhaps the most wicked problem facing us as a nation and the world at the moment is climate change. It is one of the greatest scientific, economic and moral challenges of our time."
Today the Climate Change Minister, Penny Wong stated the government would not try to legislate the ETS even by its new delayed start year of 2013 unless there is "credible action" by the end of 2012 from countries such as China, India and the US.
When the Coalition proposed the same “wait and see” policy before Copenhagen, the Mr Rudd described it as an “absolute failure of leadership”. Yesterday he said it was “a reasonable … and responsible course of action”.
In the meantime, taxpayers continue to fork out $90 million a year to keep 408 public servants, employed within the Federal Climate Change Department - despite most of them now having nothing to do until 2013.
That is on top of the millions of dollars already spent, including $13.9 million on advertising, the 114 public servants the Government took to Copenhagen and the $80,000 on establishing a call centre.
It seems that Mr Rudd’s convictions of the past were little more than rhetoric designed to win votes on an issue that was popular at the time but has lost some of its lustre.
One thing that worries us: Last year’s budget projections expected $15 billion from the CPRS.
How will he fill that enormous hole? News Article
Xstrata Suspends A$ 586 million of Expenditure.
Aussie Dollar Climbs From 10-Month Low Amid Intervention Talk
Fortescue Metals puts $17.5bn projects on hold to review super tax
Rio Tinto to review new Australia investment over tax
Xstrata suspends $30 million exploration in light of the Government’s super profits tax
Rates rise - Again
Caltex Australia agrees to purchase Mobil service stations
Perth Motorists Ripped-Off
Jobs at risk after Bushmaster exclusion
Volunteer Sacked For Swearing
Gross Domestic Product shows first negative result in 8 years
Victorian Bushfires
RBA rate drop to 3.25%
Victoria: No power, No Trains, No Water
Shell profit 2009
Back to School
“Green Holden” update
$149 Million to build green Holden
Tax Cut for Small Business - Smoke and Mirrors
Surplus Virtually Gone
Government Stimulus Payments
Elective Surgery Summer Break
Fuel tax will inflate grocery bill
NSW hospitals are full, try Queensland
FuelWatch dead and buried
BP Quarterly Results - Profit up by 83%
Excrement found in Dessert
OPEC agrees to cut output by 1.5 million bpd
Crude oil below $80 per barrel
RBA cuts rates by 1% to 6.0%
Crude Oil below $100 - Petrol higher
Big Parties Big Losers this weekend.
BP profits jump thanks to oil prices
Ambulance strike with a difference
PM Rudd: G8 made progress on climate talks
G-8 endorses halving global emissions by 2050
Prof Garnaut calls for urgent climate action
Changes to NSW Road Rules
Labor's $70 million hybrid gift to Toyota
Rates blamed for house price dive