Saturday, July 24, 2010

Election around the corner.

Australia election is around the corner and we are in the position to vote, or should i say my wife.

We have 2 choice Liberal or Labour. Well, I am not really a union supporter especially the CFMEU, with so many bully cases. I suppose we will need to looks closely at the policies and decide.

ETS ? ETS was the big turning for Labour and Mr Rudd. Is ETS good or bad ? While simply put ETS may seem good for Environment but costly for ordinary people because Bills will go up, the worst thing is we are the only country trying to implement that when the big polluters are not.

Personally rather then trying to trade COs with ETS. I would much prefer the government set budget to develop renewable energy. I heard scientist have now been able to use water and by hydrolysis create Hydrogen for combustion.

We should look to new clean source of energy rather then try to tax emission because this is counter productive. Incentive rather than penalties should be the rule of thumb

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