The Western Lines

February 7, 2010

Global warming costs

Filed under: global warming — ralphbuttigieg @ 4:45 am

We don’t have an ETS but the global warming scare is going to cost us more anyway:

ALL Australian homes will soon have to undergo a mandatory energy-efficiency assessment costing up to $1500 per property.

The assessment has to be done before any property can be sold or rented under new laws to tackle carbon emissions.

The mandatory assessment – being drafted into law by the federal and state governments – will rate homes by an energy efficiency star system, similar to the ratings given to fridges and washing machines.

Another cost to be passed on to home buyers and renters.

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