{"id":2398,"date":"2019-04-18T21:58:54","date_gmt":"2019-04-18T21:58:54","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=2398"},"modified":"2019-04-18T21:58:54","modified_gmt":"2019-04-18T21:58:54","slug":"shorten-short-on-detail","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2019\/04\/18\/shorten-short-on-detail\/","title":{"rendered":"Shorten Short on Detail"},"content":{"rendered":"
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\nYesterday, Bill Shorten\u2019s repeated failure to come clean on the cost of Labor\u2019s economy-wrecking emissions target was finally explained.
\nBill Shorten and Labor have resorted to relying on four-year old modelling done by Professor Warwick McKibbin to detail the cost of their policy, including claiming that there will be \u201cno additional cost\u201d to meet Labor\u2019s 45% target relative to the Coalition\u2019s 26% target.
\nThis is despite Labor needing 1.33 billion tonnes of abatement – nearly four times the 328 million tonnes needed under Coalition policy. As Professor McKibbin himself said, \u201craising the target reduction from 28 per cent to 45 per cent would almost double the cost to the economy…by 2030, you\u2019re well and truly worse off. It is twice as costly for twice the target.\u201d The Australian, 11 July 2017
\nBill Shorten and his energy and climate spokesperson Mark Butler are trying to pull an outrageous con job on the Australian people.
\nPatricia Karvelas: When will we see your full modelling for how it will effect the economy?
\nMark Butler: I don’t understand why it’s inappropriate for us to rely upon [Professor McKibbin’s] modelling that the Australian Government commissioned.
\nABC, 17 April 2019
\nWell, here are a few reasons Mr Butler, for a start:
\n1. Professor McKibbin himself has said his modelling, done in 2015, \u201cdid not model Labor\u2019s policy\u201d. Twitter, 19 March 2019
\n2. Professor McKibbin\u2019s modelling did not cover the entire economy, excluding around 30% of Australia\u2019s emissions including fugitives from manufacturing, mining and oil and gas production. These are the sectors that will be hit hardest by Labor\u2019s new carbon tax.
\n3. Bill Shorten himself has previously dismissed Professor McKibbin\u2019s modelling as \u201cjust complete rubbish\u201d and implied the modelling results were made up. ABC Lateline, 1 December 2015
\n4. Professor McKibbin\u2019s modelling assumes a carbon price of US$5 per tonne, rising to US$10 in 2030, much lower than current international prices of around US$30 per tonne and far below forecast prices for 2030. Professor McKibbin: \u201cIf the price of offsets in the world is higher than we assume, that effect is gone. We don\u2019t know what the price of offsets will be in 2030. These numbers are not precise in any sense.\u201d The Australian, 18 April 2019
\nThe Labor Party\u2019s desperate insistence on relying solely on modelling from 2015 proves the terrifying truth: if elected, Labor is committing this country to an economy-wrecking emissions target and no one in the Labor Party has done the numbers on what the consequences are.
\nThe Coalition has stepped through – to the last megatonne and the last dollar – how we are going to meet our international obligations.
\nBill Shorten isn\u2019t telling us the truth about how much Labor\u2019s reckless target will cost – because he actually has no idea.
\nIf Bill Shorten can\u2019t tell you the truth about his policies, how can Australians trust him?\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Yesterday, Bill Shorten\u2019s repeated failure to come clean on the cost of Labor\u2019s economy-wrecking emissions target was finally explained. Bill Shorten and Labor have resorted to relying on four-year old modelling done by Professor Warwick McKibbin to detail the cost of their policy, including claiming that there will be \u201cno additional cost\u201d to meet Labor\u2019s … Continue reading “Shorten Short on Detail”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2398","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/2398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=2398"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/2398\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=2398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=2398"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=2398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}