... opposition leader Tony Abbott criticised the carbon pricing policy on economic grounds referring to it as "toxic" and likening it to an octopus embracing the whole of the economy.
Like a cute little octopus tickling your extremities. Not the cthulhu-esque, world-dominating, privacy invading octopus like this one, which was probably what Tones was picturing, or at least trying to convey.
Since there's an election coming up I'd like to provide just a little bit of truth amongst the flood of bullshit that's about to land on our doorstep.
The commonly held belief is that around 8% of the annual electricity bill was as a result of The Carbon Tax. It was put into effect from July 2012 and then repealed at the end of June 2014, so the calculations shown in this graph are based on 4% for 2012 and 2014 and the full 8% for 2013.
As you can see, in full swing in 2013 there's $190 of Carbon Tax sitting atop the rest of the $2,170 electricity bill. 8% of the total. A little octopus tickling the toes of the beast that is the electricity bill.
What you'll also notice is that the equivalent savings from the repeal of The Carbon Tax in 2015 are only around a third of the savings from either greater energy efficiency or solar panels (and that's assuming a full 8% saving as a result of repealing The Carbon Tax, an assumption that's probably kind to Tony Abbott). Combined, these two changes account for a 32% cost saving. The solar panel savings are from only one quarter of the year. I'll update this graph to include 2016, which will show even greater savings for both efficiency and solar.
Prior to the The Carbon Tax being introduced the Coalition, primarily Tony Abbott, made frequent and well publicised comments about how the The Carbon Tax would be an unbearable burden on Aussie Battlers.
This unbearable burden of an 8% price increase, that was worthy of being a significant part of an election platform that eventually won, is less than half the of the price increase for both the Per kWh Consumption and Grid Connection charges in 2011 alone. And that increase had nothing to do with such noble causes as reaching carbon emissions targets or trying to make the planet more likely to be inhabitable by our progeny for the foreseeable future. Where was the support for Aussie Battlers then?
22%, 18%, 13% and 15% increases in electricity prices in 2011 and 2012.
(Actually there wasn't silence, Julia Gillard threatened the states to come up with a solution about the spiralling costs and Malcolm Turnbull went against Tony Abbott's anti-Carbon Tax tantrums and mentioned the issue of the "gold-plating" of the networks due to the infrastructure investment guarantees. Read about it here)
Tony Abbott, however, maintained his rage saying that 8% for The Carbon Tax and the election will be "a referendum on the Carbon Tax".
I give you the definition of ideological grandstanding.
If Tony Abbott, or the LNP, really cared about Aussie Battlers paying less for their electricity, he (or they) would be encouraging minimising electricity usage through both energy efficiency and solar panels.
Tony Abbott's own words on his plans for The Carbon Tax as part of his 2013 election campaign:
Carbon Tax as percentages of electricity and gas bills:
Claims of a $550 annual saving (amongst an amusing gaffe):