Asset-Stripping

What kind of rubbish is this? An online newspaper I read just published an article about an article in a print newspaper called The Australian. Since when was quoting another news outlet's opinions considered news?

The piece in The Australian - a newspaper famous here for being a mouthpiece of the Rupert Murdoch view of life and a front-runner in his stable's race to the bottom -  was about how low the planned Chinese carbon tax would be and how high the Australian one is and how "out of step" with the world our carbon tax is.

And what a surprise, a Murdoch-owned newspaper doesn't like Australia's carbon tax. Big deal. Murdoch and his cronies in the mining, coal and oil industries can spout off all they like, his opinions are hardly news any more and I'm sick of hearing them over and over from all the newspapers and TV and radio stations he owns.

The fact is, China's move to a carbon tax (however low they've started) is the most important and significant event since the Kyoto treaty was signed. It's a major triumph and I'm sure Australia's dramatic recent move had an influence. The whingers at the Australian should remember that China has already made big steps towards becoming a 21st Century, clean economy. This is another one.

If the West wants to keep up, we need to force our old industries to change - and fast. They won't do it themselves. These old, polluting dinosaurs will drag Australia down to Third World status if we let them. And when they've asset-stripped Australia, they'll move on to their next victim.