Flawed economic modeling used to destroy mining
/Alan Moran
The Australia Institute has commissioned research seeking to demonstrate that banning investment in coal mining would have a negligible effect on the Australian economy. The research results rests on a near total transferability of capital, labour and technology to almost identical opportunities deemed to be present elsewhere in the economy.
The research found a ready market with kindred spirits within our very own ABC. But the message behind it also has a wider currency not only with The Greens but also with sections of the ALP and even withing the coalition. We must find a way to deliver the message that investment in resources (and modern agriculture) is not only essential to our standard of living but also fully consistent with maintaining a pleasing environment.
See the following piece at Spectator on line.