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Aus. Climate change legislation.
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didnt watch the vid but legeslation got beaten in the senate and didnt and wont get up under current form.
its just another tax
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It is nice to see our competition crippling themselves with their own bad government policy. Bad government policy is the best way to move a country to the third world. Individual land owners will make much better decisions as to what is sustainable than collective decisions. With all that is going on right now, what will our standard of living be like in 20 to 30 yrs?
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out of the 15 million in share sales lately how much do you suppose went to sprott's management co. in fees? sprott will increase his wealth but the investors not so much. the deal with the grain handling equip co will end up being a wash because they handed one earth 2 million to buy a couple million in equipment. the lentil king will rather deal with one earth than five hundred other, smaller farmers. in the end though one earth will fail; it just remains to be seen how many go down with them. anybody who read the wp article about that round stone barn just north of indian head might recall that was the headquarters for a 53,000 acre farm in the 1880's. it lasted something like six or seven years. one earth isn't that new.
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The way I understand it is that the soil in Australia is very low in organic matter. Most of it is tied up in the vegetation. Remove the vegetation and you remove a good chunk of the organic matter and leave a very fragile and vulnerable soil behind. Leaving the trees and natural cover on these soils is probably the right thing to do BUT the farmer cannot carry the country on his back. The Government has to buy up this land at a fair price and own it as crown land. (In Australia and Canada)
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The way I understand it is that most of the organic matter in Australian soil is tied up in the vegetation and not the soil itself. Remove the vegetation and there is very little organic matter left. This makes the soil very vulnerable to erosion and salinity. Preserving the trees and the natural plant cover is probably the right way to go BUT if it for "the good of the country" then the government must buy up the land and own it as crown land.
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