Breaking news: At a meeting of the Liberal Party’s Members of Parliament today, Malcolm Turnbull was turned out as Leader and replaced by Tony Abbott on a 42 to 41 vote. Abbott then immediately called for a vote of his colleagues on the Labour Government’s cap-and-trade bill to ration energy and raise energy prices. The vote was 54 to 29 against.
A number of Liberal Members have risked their careers to stop cap-and-trade, including Cory Bernardi and Nick Minchin as well as Tony Abbott. They should all be honored for their courageous stand.
Toppling Turnbull was a necessary step, but it isn’t the end of the story. It is likely that the Senate will now defeat the cap-and-trade bill for the second time. However, a few disgruntled Turnbullite Liberal Senators could provide the votes needed to pass it. If it is defeated, Prime Minister Kevin Rudd could then call a general election of both the House and Senate. So the fight is still to be won or lost.