By Andrew Bolt ~
HOW much will electricity go up? Ten per cent over five years. Modelling a Carbon Price, Treasury, 2011:THE carbon price leads to an average increase in household electricity prices of 10 per cent over the first five years of the scheme.
Fifteen per cent in a month. TD Securities-Melbourne Institute Monthly Inflation Gauge, July:
DUE to the introduction of the carbon tax from (July 1), the price of electricity rose by 14.9 per cent.
Ten per cent. Julia Gillard, speech, August 7:
WHEN the government priced carbon, we forecast an electricity price impact on consumers of around 10 per cent, a forecast which has now become reality.
Fifteen per cent in a quarter. Australian Bureau of Statistics, yesterday:
OVERVIEW of CPI (consumer price index) movements. The most significant price rises this quarter were for electricity (+15.3 per cent).
Don’t ask us. ABS, also yesterday:
THE ABS will not be able to quantify the impact of carbon pricing, compensation or other government incentives and will not be producing estimates of price change exclusive of the carbon price or measuring the impact of the carbon price.
UPDATE
Professor Sinclair Davidson on the carbon tax clobbering:
Andrew Bolt is a journalist and columnist writing for The Herald Sun in Melbourne Victoria Australia.
Andrew Bolt’s columns appear in Melbourne’s Herald Sun, Sydney’s Daily Telegraph and Adelaide’s Advertiser. He runs the most-read political blog in Australia and hosts Channel 10’s The Bolt Report each Sunday at 10am, and his book Still Not Sorry remains very widely read.
Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/
