EDITORIAL: A CLIMATE-CHANGE DRUBBING IN AUSTRALIA

by GWPF from WallStreetJ, May 19, 2019


The right in Australia won on the sharp contrast with the left on taxes, growth and climate change.

If American Democrats want a warning about the consequences of embracing the Green New Deal, look no further than Saturday’s election shocker in Australia. The opposition center-left Labor Party had led in the polls for months but lost as voters rejected its move left on taxes, spending and above all on climate change.

The ruling Liberal-National Coalition had been divided and tossed out two prime ministers during its nearly six years in power. Scott Morrison, the compromise choice as Prime Minister last year, managed to unite conservatives around a platform that stressed economic growth, tax cuts and support for the country’s energy producers.

Labor leader Bill Shorten promised to raise taxes on the “wealthy,” but his main theme was curbing climate change. Labor promised to cut carbon emissions nearly in half by 2030 compared to 2005 levels while subsidizing wind and solar. Mr. Shorten and Labor refused to support a job-producing coal mine in Queensland, and their candidates were routed in the resource-rich province.

Bill Shorten, leader of the Labor Party of Australia, reacts as he concedes defeat during the Labor party election night event in Melbourne, Australia, on Saturday, May 18, 2019. PHOTO: CARLA GOTTGENS/BLOOMBERG NEWS