Fucking rentseekers!

[Jovial Monk]

MORE than 2000 workers will be axed and two coalmines prematurely closed if the Federal Government's emissions trading scheme is passed in its present form, according to Anglo American chief Cynthia Carroll.

Speaking in Brisbane, Ms Carroll warned of the job losses but commended Australia on establishing its carbon pollution reduction scheme and showing leadership on climate change, something she said was ''sorely needed'' in other countries.

As the Government revises its legislation before bringing it back for a Senate vote in November, Ms Carroll called on Prime Minister Kevin Rudd to work with industry on drafting changes to the bill.

She said the Government needed to make key amendments such as excluding coal fugitive emissions - those produced during mining - until there was technology to eliminate them.

Transitional help for the coal industry was also required, she said, as well as help where mines could not pass through the costs of the scheme due to forward contracts.

''Give the private sector these three things … and we'll be far better placed to make our investment choices,'' Ms Carroll said. ''Dealing with these design issues is critical if the CPRS is to provide a pathway to a managed transition in the carbon intensity of the Australian economy.

Most coal is metallurgical coal (for blast furnace use, etc) and the miners will be fine. But, of course, it shouldn't be them have to take responsibility for their emissions, just put more load on the household sector, eh? Bah, rentseekers!

[boxy]

... the miners will be fine...

The miners, or the mine owners?

[Jovial Monk]

both

[boxy]

Right, the miners are fucking rent seekers

[Jovial Monk]

They are too! Look at the CFMEU website! They don't want no steenking ETS!

[boxy]

Poor dumb bastards must want to keep their jobs.

[Jovial Monk]

Which they wouldn't lose!

[boxy]

You idiot.

People are going to loose their jobs, or their businesses, out of this.

Trying to paint it as a solution with no down side isn't fooling anyone but the willfully ignorant.

[Jovial Monk]

Most coal is metallurgical.

[boxy]

Most does not equal all.