$76 million thrown away on pointless "Carbon Trust"

Climate change is great news for governments. It gives them yet more ways to spend your tax dollars, and nobody (except ACM) bats an eyelid, because as we all know, "saving the planet" trumps just about everything. This time it's the establishment of a nebulous Australian Carbon Trust, and even more embarrassing is the fact that a former Howard government minister, Robert Hill, has agreed to chair it:

"This will complement the location of the National Climate Change Adaptation Research Facility at Griffith University, helping make Brisbane a hub of activity to tackle climate change in Australia," Mr Rudd said. [Never thought of Brissy as much of a "hub" for anything… - Ed]

The government has set aside $76 million to establish the trust, which will promote ways for households and businesses to tackle climate change.

Would have been easier to burn it, really (although that would release even more CO2...).

Read it here.