It's Going To Ruin Us

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Uploaded by on Jun 3, 2010

The new Mining Tax - we've heard it all before

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Comedy

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  • Norway, a country with one of the highest standards of living in the world, if not, the highest has a similar tax on it's resources..hardly a communist state....if Australia wants to continue down the path of degeneration like the U.S. then the mining fat cats will have their way...the resources belong to us all

  • Not surprised to see the IMF come out in support of the tax. And not surprised to hear the IMF say that the miners arguments that the tax would hurt Australia's competitiveness is overstated and the miners claims are a gross distortion of the actual consequences of the tax.

    And further that the consensus forecasts is actual evidence that the outlook for business investment has in fact strengthened for Australia since the announcement of the tax.

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  • this video is so ignorant it's shameful.

  • @sonofnob you weren't interesting to begin with

  • @Soundgarden8497 Oceania/AustralASIA/Asian Pacific... take your pick; it's a definitional thing. I'm not fussed if you don't want to be seen as Asian. However, all our bigger neighbours are certainly Asian, and most of our trade (and half of our sport and much of our culture) is with Asians. Off-topic, just a little? And raise your game: half-baked knee-jerk ignorance spiced with "wanker", "fucked", and "dick" does not impress. Or don't; you're getting boring.

  • @sonofnob we live in asia? are you fucked? Australia is not asia. if you want to be a dick... it's oceania.

  • @Soundgarden8497 Well, we live in Asia, and the other Asians are our main customers. Pipelines, equipment, trains, refining, ports, shipping, prospecting, and relocating are all expensive and just plain stupid, compared to building HVDC cables (3% energy loss/1000km) which are cheaper and also permanent infrastructure. Pothead idea? Google Desertec and see what the EU/North Africa are doing. As usual, Australians will lose out, by stubbornly refusing to plan ahead. Knee jerks.

  • @Soundgarden8497 Now you're just ranting for the sake of it. Windmill EROEI is the highest of energy sources, after oil a century ago. I have in fact lived near windmills and they are noiseless (and pretty to me). Bushfire hazard? In the desert?! Uglier than open cut mines? I thought you'd proper arguments, not "wanker". Windmills are the cheapest way for mining companies to refine ore and electrolyse (not ship it to Iceland(!!)) but they are lazy, backwards, stupid bullies.

  • @sonofnob i think your problem is you're focusing too much on asia... and sending electricity to them is a bit of a pothead's idea, do you know how fucking expensive that would be... not to mention how grossly inefficient. p.s. the longer the cable, the more resistance.

  • @Soundgarden8497 Exactly: Australian coal exports are not going to be huge for more than a decade or two from now (after black coal has reached its peak), so we should start investing in industries that can replace this revenue. One obvious industry which could dwarf coal is electricity: build heaps of windmills and thermal solar arrays and some HVDC cables to Indonesia (and between WA and SA) and let the energy-hungry Asian countries buy cheap Australian electricity.

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