May 21, 1998- Foreign Minister Downer extols emissions trading.

Australia had signed (but not ratified) the Kyoto Protocol in April 1998.  There was a push developing for some sort of emissions trading, if only to help rich countries look like they were doing something.    It is in that context that Australia’s Foreign Affairs Minister, Alexander Downer, gave a speech to the ABARE International Conference on Greenhouse Gas Emission Trading, Sydney, 21 May 1998

It was called “Emissions Trading: Harnessing the Power of the Market”

It began;

Ladies and gentlemen.

I am pleased to be here with you today to share with you my assessment of the opportunities and far-reaching role that international emissions trading will play in the successful implementation of the Kyoto Protocol. International emissions trading provides the means of harnessing the power of the market to provide cost effective solutions to emission abatement.

And you could read the rest here.  Your life, it’s short….

Also on this day-
“On 21 May 2009, 14 Greenpeace members illegally entered the site and thought they had temporarily shut down coal production after chaining themselves to an excavator. That ‘excavator’ was out for routine maintenance and again, no production from either mine or station was lost. All seven were later charged by Victoria Police.[9]   Source: Hazelwood wikpedia

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