By 2007 ratifcation of the Kyoto Protocol had become a great symbolic test. John Howard’s refusal to do so (and the man was on the record as saying even ratifying the UNFCCC was a mistake), became a stick that Labor, under Kevin Rudd, hit Howard with relentlessly. It is in that context that the Australia Institute’s action in gettin g75 economics professors together should be seen.
Seventy five professors of economics today called on the Federal Government to stop undermining international efforts to tackle climate change and to ratify the Kyoto Protocol without delay
On the same day, there is there was this interesting thing in the Canberra Times.
Anon. 2007. CO2 trading no solution. Canberra Times, 27 May.
LAST week’s announcement that BP and Rio Tinto have teamed up to look at building a ”clean” coal” power station in Western Australia is great news. There’s only one catch. The project won’t go ahead if it depends on the key proposal to encourage clean energy contained in a report due to be handed to the Prime Minister on Thursday. This need not pose an insuperable barrier. But it suggests the Government will have to do more than simply rely on setting up a market for trading greenhouse gas emissions, which the report, from a joint business/public service task group, is expected to recommend. The idea is to issue a limited number of permits to release greenhouse gases, such as carbon dioxide (CO2), which the Government says contributes to global warming. These permits will then be traded in a government-run market designed to create a price which is supposed to increase the cost of emitting high levels of greenhouse gases when products such as electricity are made.
According to a spokesman for Rio Tinto, Ian Head, ”An emissions-trading scheme alone will not be enough to encourage the clean coal project in Western Australia to go ahead”
Also on this day
Taylor, L. 2016. Greg Hunt plays the long game on his glaringly obvious emissions trading scheme. The Guardian, 27 May.
Minister keeps up attack on Labor’s ‘carbon tax’ to placate Coalition climate change sceptics, all the while ensuring the machinery is in place for his own ETS
For years Greg Hunt has been suggesting different things to different people about his climate policy. This week he was almost caught out….