"How insane are we that this scheme of Rudd’s is still being taken seriously by some?"

Rudd’s green plan will leave us in the dark | Herald Sun Andrew Bolt Blog

FOUR out of five power stations in Victoria’s Latrobe Valley, both coal-fired power stations in South Australia and several generators in NSW and Queensland could close down under an emissions trading regime designed to meet even a modest greenhouse reduction target…

Even the lower target of a 10 per cent cut would push the price of carbon emissions to levels that would close down 15 per cent of the nation’s electricity generating capacity on the east coast and require $33billion in new investment in replacement clean energy generation, such as wind, solar, combined cycle gas turbine and geothermal power.