Renewable Energy Target compromised by corporate greed

It seems no climate change policy can be passed by this parliament without it being watered down and made practically ineffective…

From Crikey:

The capacity of the Australian Parliament to bastardise good policy and turn it into a feeding trough for rentseekers and other parasites is truly remarkable.

You can’t move in this place or open a paper without the bottom-feeding filth of the political economy springing out, hands extended, threatening disaster unless they can fasten tightly onto the public teat. And it’s getting worse, as more and more sectors heed the example of lowlifes like the Minerals Council of Australia and come in for their chop.

The Coalition and the Government managed a deal yesterday on the Renewable Energy Target, or what’s left of it. Just in the nick of time before a Question Time in which the Government would assuredly have contrasted its success in facilitating the Gorgon deal with the inability of the Coalition to even agree amongst themselves on a bill they had committed to support.

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