Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
Behavioural economics has provided a vast improvement in our thinking about economic problems. Yet nothing in this research suggests governments should limit themselves to gently nudging us to better options, while leaving us free to make dumb choices too.
0% renewables target not 'aspirational' says Labor environmental wing
The Abbott Government’s own expert adviser on climate policy has revealed that Labor’s emissions trading scheme was “strikingly similar” to the Coalition’s Direct Action scheme. Does this mean the Abbott Government is also about to introduce a carbon tax by stealth?
Bill Shorten says 'bring it on' to election fought over power prices and climate policy. He shouldn't be worried because Abbott Gov't climate policy must also include increased power prices too, unless of course they want to increase taxes instead.
Calculations suggest Labor's 50 per cent renewable energy target will cost households an awful lot less than a 15 per cent GST. The reason for the small cost comes down to making a proper comparison with the likely alternative option.
The Coalition has wasted no time trying to link Labor's big renewables announcement with the carbon price scare campaign. Meanwhile Labor knows renewables are very popular, the complete opposite of the carbon price. Get set for depressingly simplistic slogans.
Labor's commitment to 50% share of renewables in our electricity supply by 2030 is ambitious. Yet when assessed against the need to match the emission reduction pledges of the US and Canada, we'll need an awful lot else too.