Episode description
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Tickets are on sale now for A Rational Fear live in a city near you!
Adelaide Fringe — Sat 5pm March 4th (TOMORROW)
Brisbane World Science Festival — March 26th
Melbourne International Comedy Festival — APRIL 2nd
G'day Fearmongers —
Here is this week's podcast — Lewis Hobba, Elyce Phillips, Jane Ball, and Dan ILic talk shit about:
💸 Superannuation changes.
🖨 Gen Z's office equipment problems.
🌓 Moon Time Extra Fear.
🤖 Robodebt and Stuart Robert's eating problem.
⛽️ and we interview Nicolette Boeler from the Smart Energy Council about the Safeguard Mechanism.
If you're in Adelaide — we're performing tomorrow at the Adelaide Fringe:
🎟 https://adelaidefringe.com.au/fringetix/a-rational-fear-live-af2023
Cheers
Dan
EXTRA FEAR only on the Patreon & Apple Subscription — we talk RobotDebt and Stuart Robert's peculiar eating habbits
🤑 CHIP IN TO OUR PATREON https://www.patreon.com/ARationalFear
📨 SUBSCRIBE TO OUR EMAIL LIST: http://www.arationalfear.com/
🎟️ BUY TICKETS TO THE A RATIONAL FEAR LIVE SHOWS
0:00
This podcast is supported in part by Australian ethical. Good evening Lewis.
0:05
Hello Dan. How are you?
0:07
Lewis? I'm at the start of the show. I'm energised because I want to tell the people who are listening in Adelaide and Melbourne just one thing and that is to please please for the sake of breaking even buy a ticket to the show.
0:20
Absolutely. If you happen to know the Port Adelaide Football Club get them all along. If you know this Adelaide strikers sixes
0:33
This is good. This is good. This is good local content. If you know anyone whose family ends in polites get them alone.
0:41
Oh, my family are from Adelaide originally, my mum and dad met at Adelaide University. So if you if you're at Adelaide University, you know, man, you're looking for love. Maybe one or two could have a little Lewis
0:56
or at all, Louis, depending on how your Louis is go. We've got a great show in Adelaide and we've got Gabby bolt, Alice Fraser. We've also got Andrew Hanson from the chaser. And we've also got for some reason, the South Australian Attorney General is joining us in Adelaide, which is amazing. We're gonna be talking to him about South Australia's voice, which is great. And Melbourne is selling a lot slower than we anticipated. Despite having Grace time on the show, which killed last year. You guys gotta get tickets, you gotta go go right now to Melbourne Comedy festival.com.au and buy a tickets, not even the websites probably why we aren't selling many tickets. But you should go you should go and buy a ticket because it's so it's such a huge show. And it's gonna be really great. Surprisingly, Louis, our Brisbane show is doing really well for sales. We've already sold like 120 So we're like we're killing it. The show's not even on for like another another few weeks.
1:46
It's the World Science Festival and they sent me my invite the other day and I was flicking through some of the other events that are on and we stick out. I'm like these people are very smart. And they've done a lot of research.
2:02
We've done we've got a really smart person on stage with us. His name is Dan Ilic. Her name is Jessie Christiansen She's a doctor. She runs the exoplanet library for NASA and she works with the JW S T team, the James Webb Space Telescope team so we're going to be grilling her about aliens. It's very exciting. So that is happening in Brisbane at the end of March. I'm recording my irrational feet on Gadigal land in the urination. Sovereignty was never seated. We need a treaty. Let's start the show.
2:33
A rational fear contains naughty words like bricks, Canberra, fed gum and section 40 of our rational view recommended listening by immature audience.
2:46
Tonight with the New South Wales set to vote next Saturday, polling suggests the other guy is maintaining a strong lead whatever his name is and the creator of the comic strip Dilbert goes on a racist tirade getting him dropped from hundreds of newspapers but a job offer at the Australian and after Rupert Murdoch admits that Fox News was lying to its audience. Donald Trump has accused the media mogul of throwing his anchors under the table instead of in the sea where they obviously belong. It's the third of March 2023. And with more lies than Fox News. This is irrational fear.
Welcome to rational fear. I'm your host former only fans nurse Dan Ilic. This is the podcast that puts a shot of vodka. In your news, irrational fear let's meet our fear mongers for tonight. They're a former corporate ladder climbing shill, but now they are a children's party clown performing her show slops at the Melbourne International Comedy Festival. It's Jane Bell welcome Jane.
3:53
Hello, hello. If anyone wants to book a clown please reach outs to her on this side of the ladder now
4:01
you just do corporate ladder comedy Do you do you turn up to kids parties and say hey, let's talk about some EBIT DA is that what happens?
4:09
I feel like I was more doing clown comedy in the workplace. And now I found my target audience so it's honestly for the best.
4:19
And she has haunted the writing rooms at hard quiz and has been published in McSweeney. She's also sells a bathing suit covered in little cute hands on her website, performing her show tropical holiday at the Melbourne International Comedy Festival. It's Elise Phillips. Welcome, Elise.
4:34
Hello, thank you for having me.
4:36
These bathing suits on your website do they sell well they look amazing little hands on.
4:43
Literally any other piece of merch I've ever made in my life.
4:47
Really? It looks amazing. It looks it looks incredible. It looks this might sound weird, but it looks delicious.
4:56
Oh, thank you.
4:57
Thank you, men's version as well. Do you do like a speedo
4:59
ABS salutely We've got a swim trunk. Haven't got to Speedo yet. I think I think a bunch of spunk covering ham would be a good option though.
5:10
I'm ready. I put me on the waiting list.
5:12
All right. Speaking of hams, it's Louis Harbaugh.
5:18
a delight to be with you thrilled. I don't know how long it's been since our last one. It might be a week. It might be a year for three weeks,
5:26
I think two weeks. Yeah, two weeks. In
5:28
fact, Dan, I know we don't do a lot of personal business. But you were in South Africa. Did you have a nice time?
5:34
I had a great time I hung out with the my birthday of fellows from the birth of Foundation, who kind of got this podcast back on his feet for a couple of years. So it was a really amazing and inspiring time saying you know what everybody's been up to so yeah, went to Cape Town. It's really good. Good place there. I like it.
5:50
How are we looking for this season? financially? Do they call you guy over there to fight?
5:57
No, no, I strain ethical was looking after us. And if you if you're on the Patreon, you don't hear the ads. But if you are on our regular feed, of course, you'll know that Australian ethical is looking after us. So we're being looked after this year from them. But maybe maybe there could be some special birth of money later on down the line. I pitched them an idea of doing a show from the First Nations group who are sitting on a Danny's land. I thought it'd be funny to take a bunch of our friends Louis like David Simpson and Craig quarterman. And Steph Tisdall and do a comedy show. At the defenders land on the Adani land, I thought that would be really fun. So they seem to be interested in that and they may even pay for it. So
6:40
a lot of fallen to remove us right now. So now
6:44
like I like I had a realisation while I was there. We no longer live in electorates. We live in billionaires bank books. So you have to pick the billionaires you like we are. We're I'm a big fan of this birther guy, you know, and some people are big fans of Clive Palmer. So you gotta pick your pinky. You gotta pick your billionaire. New it's the new AFL.
7:04
Are you thinking of reaching out to other South African billionaires if you go
to one you keeping it to
7:16
every good joke someone does on the podcast is rewarded with one master diamond.
7:24
Speaking of sponsors, here's a message from this week's sponsor. Jim Chalmers says if you've got more than $3 million in Super you'll probably be okay with paying a normal amount of tax but tell that to the renters in your fifth investment property. Jim Chalmers wants to steal money from the super rich to give it to the slightly less super rich, is this the Australia we want? So these are confronting numbers. Jim Chalmers doesn't want you to enjoy Bollinger on your 66th birthday. He's forcing you to drink DOM pairing yuck. Instead, that's going to be a difficult time ahead. Don't let labour steal your third first class trip on the Queen Mary to this year away from you. It will get tougher before it starts to ease authorised by Rich for a sane conversation about Super Australia. Thank you Rich seawards for a sane conversation about Super really appreciate your support this week. This week's firstly it Yes, it is bad news. If you're a billionaire, you may have to pay slightly more tax on your super if it's above $3 million. The Treasurer Jim Sharma said that the new measure will only affect 80,000 people. Most of those people probably won't care or don't even notice that they're actually paying a little bit more tax. Ato statistics are absolutely zany for this. I don't know if you've seen this. And apparently there are 27 people with more than $100 million in Super there is one person, there is one person with $544 million in superannuation. Oh my god, the question must be asked, Where will these people find the money to pay slightly more tax where where? What kind of person has this has more than $3 million in this year but at least
9:05
I should fess up the $544 million one that's that's me I finally consolidated all 500 of my super accounts.
9:16
Subscribe subscription I don't see your name anywhere in the Patreon subscribe.
9:20
I tried to count off my admin and it's just as backfired her rific
9:26
love support the Patreon but with this new tax I mean, how are you?
9:31
It's in impossible. It's impossible. I'm gonna be living on base for the rest of
9:36
your day. I can't believe anyone in any journalist, any bounty hunter, any private investigator is doing anything else with their time right now other than finding that person like that's the only thing all newspapers should be on that 24/7
9:54
I would like to pitch a concept specifically to the $540 million person I assume they listen to this podcast. It's a new holiday I've thought of called Super Claus. Basically, this super, super fund owner acts as the nation's Santa Claus. He reveals Himself. And then one day a year, we can all go to them and say what we want for in our superannuation in our self managed super funds, he grabs those wishes, and he gets to live his life as beyond even human, just this legend. And then we all move on. It's a good news story. No one's angry at him for a super balance. It's just it's a new holiday.
10:39
That's about as you can to turn the tables on your parents and you can tell them that that person doesn't exist. I mean, here's the thing. Are these boomers with so much money in the bank account? Like what are they going to do in retirement? Like the the biggest iPad is only $1,900?
10:56
Yeah, I mean, you could buy maybe like three or four caravans and like, strap them on top of each other, and get like a triple decker quadruple Decker situation going on. That'd be fun.
11:06
Pete Lola on the chat has said it's Gina Reinhardt. Well, here's the thing Gina Reinhardt actually came out to news.com. Today, you and a representative said, No, it's not Gina Rinehart because Jenna Hannah is not stupid enough to lock up $544 million until she retires.
11:23
This is a tiny Venn Diagram of people who haven't discovered offshore bank accounts want to keep their money in the Australian economy. So it's some kind of like Ozzie bat law, but at the peak of their career,
11:35
you know, they say Jane about people who've got big nest eggs, and gotten complex shell companies that's
11:44
the only person I can think of who is like rich have and would be so afraid of foreigners that he wouldn't trust his money in an offshore bank is the expense. Like I reckon that
11:57
we should get him on the show. He's a friend of the show. I've got him I've got his number in my in my book. So
12:05
if there's a human being there's an Australian whose number you don't have, they don't exist. Oregon, if you scroll you through your phone, you would eventually find that person with half a billion dollars in super like there is
12:20
I should send everyone a text right away. And just tell us said it's an attack on middle Australia, middle Australia. Who could just give $3 million until they're 66 Just sitting there they're not gonna miss it. That 3 million don't miss that 3 million.
12:39
I tried to think what I would do with $3 million dollars and I Googled what can you buy with $3 million. And the first article I got was from finance samurai or someone a blog like that. And it all it said was 3 million is the new 1 million and I felt so poor. I've never felt like aspirationally I'm not even picturing the right number anymore. Yeah.
13:03
The old 1 million yet that's moving too fast. Do
13:06
you know that scene from succession by the way, Greg gets offered like $10 million. And they all talk about how sad it is to have $10 million because it's
kind of feeling millionaire.
13:20
Yeah. embarrassing to admit you've got over 3 million on your in your super account, I think embarrassingly small amount of money if you're not the 500 mil guy then who are you? That's crazy.
13:34
Yeah, yeah, the phrase I'm a millionaire has really, truly jumped the shark hasn't it? as we as we the phrase jumped the shark.
13:43
I did see an article because I think when it came out, like obviously, the message got out pretty quickly, that it was going to effect such as like small amount of the country that really no one apart from Angus Taylor perplexingly probably his brother who has a problem but he's probably got half a billion Giga litres of water in super.
14:05
This is rational fear. Angus Taylor
14:10
situation we had was some people were contributing millions of dollars into super and it's totally inappropriate. What to use,
14:18
who you're listening to are very rational here.
14:24
This week second fifth Gen Zed thanks buttons or violence. According to The Guardian Gen Zed are having trouble with physical office appliances like finding files folders, printers, copiers, fax machines, binders, basically anything with buttons is extremely difficult to work with. Jane, what's going on here? Do we need like a button pushing Bootcamp for Gen Zed before they're allowed to apply for actual jobs?
14:47
Oh my god, I I'm a millennial. I will say I'm 32 but I just feel so bad for Gen Zed, because we've went destroying the planet. We've tanked the economy. They'll never buy a home and now we still expect them to use like The Canon 1996 printer in the Kindle office space, and we're getting upset at them for not knowing how to do that, like the poor little guys just like they shouldn't have to worry about that. And they just want to be left alone on tick tock with the apps that just feed all the information straight to their brain. And we're making them interact in like a sad as places in the world which like, I don't know, offices set up in the 80s and 90s. And no wonder they don't want to do it.
15:29
It's like that Apple TV show severance. Every office is like that to them. There's a great quote quote in his article from a guy who runs workshops on intergenerational differences. He says, I joke in my sessions that my gen Zed intern didn't know how to mail a letter. He said, they asked me where the sticker went. And I said, Do you think stickers are just fine? When I
15:54
work at a Triple J, there's a millennial and Gen Zed exclusive atmosphere. And like, I'm the second I think I'm the third probably, I'm in the top five oldest people that have ever worked there. People asked me about like 2015 And I'm like, man, it was crazy.
16:16
You would say, man, it was cray cray. Yeah.
16:21
They want to leave but they can't find the elevator button. So they have to listen to I think there's you know, you do read a lot of articles where every time there's like a boomer gender divide. The old people are like you don't know how hard it is when you when you get old. No one wants to hire you. And I think this is a great opportunity. Like I think we used to have elevator operators. And I think now if you turn 60, we give you the gold watch. And then you just become a guy who pushes the button on a photocopier. It keeps you employed gives you something to do. It gets Gerald out of the house, and it keeps Gen Zeds you know, are able to use Photo copiers, everyone wins.
16:59
These are valuable skills in demand. Yeah.
17:03
I've never worked anywhere as trendy as Triple J. Like we say I've worked places
17:08
to say I love I love the way you said Triple J like yeah, like with as much denim as possible.
17:15
You also said trendy which was incredible.
17:19
I've aged out of the hottest 100 And I get to have feelings about that. Now that's
17:27
such a millennial thing to say
17:28
we have blocked your number and everyone like you.
17:32
I'll see you on Double J in 10 years.
17:37
The system is working
17:40
at least what about you? What's your thoughts? I
17:42
mean, I just I think we're being a bit too hard on these kids not knowing how to use this stuff like I am an elder millennial and I don't know how to use stuff that was used to do business in the generation before me I don't know how to use a quill or abacus or like cocaine i
18:03
and that's fine pursues rational fear
18:07
Annabelle is a typical teenager. And these days, that often means living with anxiety. Why it's so hard to turn on. There's no button,
18:15
a rational fear.
18:18
This week's third fear time on the moon we not only cover the most pressing topics on Earth in the show, but from time to time we cover Moon related disputes the moon is set to get its own timezone. That's right, it's moon time. People joke about flying to Adelaide, and they've got to turn your clock back 30 years but on the moon despite looking so much like Adelaide no one knows how far the wind back back looks. At least what is Moon time
18:42
the European Space Agency has come out and said that they think that the moon needs a time zone. I'm all for it. You know, I would love to get up onto the moon be playing some you know Dance Dance Revolution. The dress Park game where you're in a jeep, the core machine timezone? No, that's okay.
19:05
It took us a long
19:07
night, they're looking to have like an official timezone for the moon so that you know, as it's getting busier, and you've got commercial organisations flying up there, that sort of thing for everyone to be sort of on the same track. So you don't have rockets going up there. And like doing the up who's to go do go? It's all clear everyone knows exactly where they're going. And it's a lot safer and happier for everyone. A whole series of problems with doing it because like yeah, gravity is an issue so clocks go faster on the moon and like depending on where abouts on the moon it is so your clocks are running all sorts of different times all over the shop. It sounds like an absolute nightmare to figure out.
19:51
Surely the moon is going to be the right place for a sundial gravity is gold school like Let's find you know, a baby boomer who doesn't understand technology can explain a sundial younger generation or
20:13
on the moon.
20:16
I think actually, I tell you what my if I was in the European Space Agency, I'd be like, guys, I know you guys always told me I don't belong here, because I'm not a scientist and I don't understand anything. But I've got an idea. I think clocks should be banned. I think time should be banned on the moon. I think it'd be a no to so I think it should be like a chill zone where on the way, you have to put your watches or your phones in a little bag. Like you're going to see Dave Chappelle in case he says something transphobic put it in a rocket, and you have to leave it in the rocket and then the moon can be a place where we don't worry about time we can leave our troubles on Earth. Thank you.
20:52
What time do we leave to go back to whenever you want man
20:55
to move? You know what I mean? It's it's a common, it's
21:00
a common, it's a common Well, she got
21:05
to be five minutes. But I found a joke.
21:08
Very good. Yes, moon days are about 29.5 Earth days long. That is a long day, a whole month on the moon. And clocks work at different speeds. Why two clocks? I want to know why clocks work at different speeds on the surface and in orbit. That is so strange.
21:24
So it's yeah, it maybe physically Yeah, the pull of gravity on the
21:29
hands of the clock. Yeah,
21:31
wow. It's a great journey for like, for a brand to come in and start their own, you know, branded time, like you'd have like, Blue Moon beer time. That would be like even on Mars, you know, you could have Mars, Mars Bartok, that would be good.
21:44
They tried to they tried to do this with Antarctica with like how Antarctic is like the shared continent, a little section of it. But now there's like 10 time zones all across Antarctica. But if you set up a base, countries will just set up a new base with a new research station and then decide we don't care what the timezone is where we are, we're gonna go by our home timezone. So there's all these erratic, non approved time zones throughout Antarctica as well. I feel like the moon's just gonna end up like that, like we're gonna have like China and Russia and America, we'll get there different times. And be like, we're on Russia in time and American Moon time. It's just gonna keep going.
22:23
Can you can you imagine if the Australians get there like half the team would be on daylight savings time, it would be terrible. With Antarctica,
22:31
how important is time What are you doing? You're meeting like the Russians across the border for coffee like what
22:41
I feel like the one thing that the moon and and like everyone has to worry about is not having the scientists and the like the astronauts go crazy. I feel like the one thing that will guarantee an astronaut going crazy is saying an Earth Day is 29 moon days. That is crazy astronauts you're breeding up on the moon
23:06
Thank you man with Dominic claw on the chat saying moonlight David savings time. Thank you for that. I
23:10
appreciate it. I don't like the moon. It scares me. I don't like thinking about how can you not like the moon? I don't get it doesn't make sense. A rational seer.
23:21
Stick with us. If you are a Patreon sponsor, you will hear an extra fear. We'll we'll be discussing about all things about Robo debt and Stewart Roberts particular eating habits and how they're related. But if you're not a Patreon supporter, you'll hear live read from our sponsor. And then we'll be chatting with Nicolette Bulla from the Smart Energy Council. Lewis just popping the podcast and hold here to talk about our incredible sponsor Australian ethical who do incidentally superannuation, which is the flavour of the week on this podcast. Do
23:50
you think the person with half a billion dollars is investing with Australian ethical because that would put us in a pickle because then we kind of want them to keep it
23:57
actually that's a really good point of view. Yeah, maybe maybe that person if they are with Australian ethical, they should definitely keep it because Australian ethical don't invest in things like fossil fuels. They don't invest in things like human trafficking, or weapons or pretty, you know, bad stuff. They invest ethically so that half a billion dollars, that would be that would be saving so much carbon if it was in some Bodhi else's Superfund that is so good, but that's with the straight ethical
24:22
every time you say this to me, I am sure I'm like, which super funds are investing in human trafficking. And why haven't we stopped that? Well, they're 2023 You know what I mean? Like shouts to Australian ethical for putting up and going, Hey, by the way, we don't have human trafficking. But I must admit, I sort of assumed all super funds were pretty awful human trafficking.
24:44
One Superfund does support a particular podcast that is irrational fear and that is the straight ethical thank you so much for your support straight ethical. Let's get back to the show. All right by July one this year. Labour government is going hammer and tongs trying to get in place a policy to help Australia meet its climate targets and something called the safeguard mechanism. It's something you could sounds like something you could buy in a sex shop doesn't it? It is designed to gently finger the greenhouse gas emitters without kind of rogering them entirely Joining us now to discuss the safeguard mechanism. Its longtime policy wonk and former candidate for Bradfield. Nicolette Bulla. Welcome Nicolette to rational fear.
25:26
Thanks for having me. I'm have no idea how you're gonna make this very serious topic. Remotely funny.
25:33
Oh, that's, that's good. That's what we do. If we fail, we're doing it. So it's totally fine. We're very comfortable
25:37
being not funny. Otherwise, it's never I've kept going.
25:42
Nikolay, tell us like the safeguard mechanism, like how does it meant to work? And will it work?
25:48
With the name, we don't even know what it means. I mean, I know what it's safeguarding if it's the climate complete fail if it's the fossil fuel industry, maybe remotely better. At the Smart Energy Council, we call it the big polluters programme, which is basically a shortcut to explain what it is. This mechanism is it, it limits the emissions from the country's biggest industrial sites, big factories, so there's two of them, 15 of those, they're big, they're chunk out 100,000 tonnes of greenhouse gas emissions each year, it's about 28% of the nation's total kind of carbon budget. What's really keen to understand is they're kind of in two categories, there's half of them are these industrial processes that we can probably see, we can navigate towards a nice low carbon future things like fertilisers, steel, aluminium cement. And then there's the other half, which are basically fossil fuel operations. That's, that's coal and gas, where there really isn't any feasible technology that's going to take these guys to net zero, they just need to stop production. So what we've got is this mechanism, that's going to work for half of them and not the other half. There's three things being discussed at the moment around the mechanism, I suppose there's lots of them, but it's baselines is the first thing this is the contract about how much each of these factories can emit. In the old system. Those just weren't enforced at all people are allowed to increase their limits what's being offered now, Minister Boren suggesting that we'll have new baselines, and there'll be a kind of musical chairs thing out to 2050, a reduction of 4.9% each year. So that looks like it's, you know, going towards something like our Climate Change Act 43%, emission reductions, by 2030, and net zero by 2050. The second part is that big polluters don't actually have to reduce their emissions. Actually, they can buy offsets, we can talk about that in a minute. And the third thing is that really this sort of cap of the price that the government will pay for these at $75, these credits that have been created just are not set as sort of price that is going to create some structural adjustments for some of these industries. We're seeing much bigger prices in international markets.
28:04
We've seen in committee hearings lately, a lot of questions about prices, particularly David pokok, who was kind of pressing the architects of the safeguard mechanism on the price, basically say, Well, if it goes above 75, who pays who pays for that, and the people who may have made this kind of programme have gone on, we haven't actually thought about, we haven't actually thought about what happens when the price goes over it already. There's a lot of fossil fuel companies who have who are pricing these carbon offsets, at at $80. And more, oh, who is going to pay for that? Who's gonna pay for that? Nicolet. And they're
28:38
going to do it because of course, we don't just work in Australia, we're operating international market. So we have some companies at the moment who are doing what we call shadow pricing at $400 a time because we've seen some peaks and spikes in other markets that that kind of price. So yeah, if they're going to stay internationally competitive in terms of greenhouse emission reduction profiles, because we've got some places like the EU have got import tariffs now. So if we want to put out goods and services and sell them to places in the EU, we add an extra tariff on that because ours is heavier or more, you know, more polluting than theirs.
29:11
Wow, that's so huge that that amount of money that's wild. I was watching an episode of Clarkson's farm last night, and they were getting 180 pounds, a tonne for wheat. Like we're talking about cob. We're talking about pollution here. That is tonne. That is heaps of money. tonnes of money doesn't make sense, but it's just so much money.
29:29
There's a lot of money at the moment we made in coal and gas as well if you're exporting it overseas,
29:34
if you'd like wood to pretend to be like a greenwashing expert, how much money is there to be made in selling offsets or Shitloads? Like what's the scam? Like do we need to go by?
29:47
How do we get involved? is really the question.
29:50
We got a podcast we've we've got a podcast if I'm Nicolette
29:53
Yeah, well, okay. So you might I don't know if you heard that there's there was this thing called the chub review, which had a little look at the offset scream and how it's been going. There
30:03
were just so I'm so sorry. Just because of the nature of this programme, we have to pump the brakes on Chubb review. Committee or when they were halfway done, what did they call it?
30:16
The halfway Chester half chap review. It was the half chub review.
30:20
Sorry, Nicola, I know you're very soon. I apologise. I'm sorry to everyone listening, we can continue with the job review.
30:31
So the question is, like, how, how much money can you make? So I don't know if you want to get the spreadsheet up. But in this review, there are 165 projects. I mean, 24 point 5 million credits. Now, and this is mainly from what we call human induced regeneration, aka, planting more trees, putting some seeds in the ground, and maybe not. I mean, some of the people gave evidence and the inquiry said maybe the rain made the plants grow. So there wasn't necessarily additional. So if you want to, you know, this, this was some of the greenwashing claims come in. Now, just to be clear, the findings of the inquiry suggested that there was no overstatement in the creation of those credits. There are sort of big question marks around whether the climate understands the difference between, you know, not stopping burning coal and gas versus, you know, growing a few more plants on someone's property. Man, it's
31:32
review revealed a problem that was growing and growing.
31:37
Thank you, Louis. Can you tell us like I heard a rumour that Tony Abbott actually designed the safeguard mechanism. And surely, if Labour is getting behind some of that Tony Abbott designed to protect the environment. Surely, it'll do the opposite of what Tony Abbott is said it would do?
31:52
Well, yeah. Well, I don't know if I'm bit old. I think actually remember that. Nick, Xenophon. And his team proposed some of the changes which then the coalition at the time adopted because they had this thing called the oh, goodness, can't remember it. Some sort of, oh, credit skate, no. Direct action. That's what it was.
32:14
Yeah, yes. We all we all remember the green army, Nikolai, we were. It was people on the dole going out to plant trays, that'll save us.
32:23
And it was the biggest ideological contortion that I have experienced, where we got rid of what was basically market based mechanisms of doing some emissions trading. And we took that away, and we use taxpayers money and granted that to big polluters to do nothing much at all. It was extraordinary. And so that's when Xenophon suggested perhaps we do some of these things. And you know, to the credit, I suppose, coalition said, oh, yeah, okay, let's do some baselines and get people to report those emissions. And then let's see whether we can get them to actually reduce their emissions. But of course, if you don't enforce something, probably doesn't get done.
33:03
I love hearing in the commission, David Polka talk about Akyuz they're the they're the units of carbon offsets. Is that right? Yeah, they kind of they kind of sound like the new Bitcoin, like the way he was talking about it made me want to get in early on accute. I needed to buy, buy some Akyuz now, so in 10 years time when I'm underwater, I'll be able to buy myself a nice house on the hill.
33:23
Yeah, now that the NFT market is crashing, is there room for maybe the carbon credit like to take its place if we can make the carbon credit schemes really, really trendy? We'd like 60 year olds?
33:35
Yeah. Yeah, a series of carbon credits, but some of them are wearing fedoras. And some of them have really cool sunglasses on. Some of them have like little sailor,
33:46
maybe dead ape, we could call it
33:53
drowning. Nicolette Bill bola. Thank you so much for joining us on irrational fear to give us a little bit of clarity and leave us feeling more despondent than ever about the safeguard mechanism.
34:06
Thanks for having me.
34:08
That is it for irrational fear. Big thank you to all of our guests Nicolette Villa Jane Bell, Elise Phillips Louis harbour, what would you folks like to plug up Jane? Let's start with you.
34:19
I've got a Melbourne Comedy Festival show starting on the 29th of March it buys a pack of three called slops it is about having multiple quarterlife crisis is all through your 20s and 30s. You can find it on the Coronavirus website or on my Instagram Jane Bell MP.
34:36
Excellent lace. Yeah, I'm
34:38
also bringing a show to the Melbourne International Comedy Festival I'm starting on March 27 at the butterfly club and it's called at least Phillips tends to be on tropical holiday for 50 minutes definitely not a scam. It does what it says on the tin
34:54
I love it a great long name I'm big fan of long name Nicolette below what would you like to plug Do you have a show at the building? contest
35:02
for possible by elections in the federal state of Bradfield, after the New South Wales election, I'll be running as community independent. I'm allowed to do that. I'll just have
35:11
go for it. Yeah, yeah. We should point out that Nicolette almost almost got a seat last last time around. So this could be the Redux how excited you know, around the same time I was doing the billboard stuff, Paul, Paul Fletcher said on q&a said, what you can't do is you can't go around putting up billboards saying that Paul Fletcher is an idiot. And I thought well, that that is a great quote. That is a great quote to put on a billboard. Bradfield, which is an idiot by Paul Fletcher q&a On this date. So there's an idea for you. Oh, yes, John from radios wants to Sir remind everyone that our Adelaide show is 5pm This Saturday afternoon in the garden of unearthly delights. So for now tonight and you listen to this before before then please come along, get a ticket. We've got the Attorney General came mark from South Australia on the podcasts gonna be talking to him all about the voice Lewis. What would you like to look?
36:07
Yes at the Adelaide show, Dan. We're also going to be in Melbourne on the second and April. So buy tickets to that. It's gonna be fun. It's a technically a hometown show for me. So I'm expecting rapturous applause, perhaps some sort of motorcade. I would accept fireworks. I would like Dan Andrews to be there and personally shake my hand and walk me back to the city of Melbourne. These are just some ideas. If you're listening from Melbourne, and you're wondering how you can welcome me back home.
36:39
Yes, it's gonna be a great show. That is it for rational fear. Big thank you to rode mics, our sponsor, Australian, ethical. All of our wonderful, incredible Patreon supporters. We had a whole stack of people sign up this week. I'll shout out your names at the live show because it was so awesome. Or the amount of people that signed up Jacob round over Tepanyaki timeline. Until next time, there's always something to be scared of. Good night.
Transcribed by https://otter.ai
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