The Daily Telegraph

Australia: record company closures, many blame carbon tax
The Daily Telegraph

The carbon tax is contributing to a record number of firms going to the wall with thousands of employees being laid off and companies forced to close factories that have stood for generations.

Soaring energy bills caused by the Government’s climate change scheme have been called the « straw that broke the camel’s back » by company executives. New data from the corporate regulator reveals insolvencies have hit a record high over the past 12 months.

The Australian Securities & Investments Commission reports there were 10,632 company collapses for the 12 months to March 1 – averaging 886 a month – with the number of firms being placed in administration more than 12 per cent higher than during the global financial crisis. While the high Australian dollar is seen as the main factor behind manufacturing closures, experts say the carbon tax is adding to increasing cost burdens for many firms struggling to stay afloat.

For companies which have exposure to energy, and other factors which are affected by the carbon tax in a significant way, the carbon tax and the costs related to it are having a significant impact on the ability of these companies to continue.

Mais n’allez surtout pas croire que vous allez être capable de convaincre un prêtre du clergé vert que taxer le carbone est une mauvaise idée puisque cela peut pousser des entreprises vers la faillite, puisque pousser des entreprises à la faillite est précisément le but recherché par les écologistes.