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News reports are building that the Australian Government will never achieve meaningful reduction of carbon emissions.
Professor Ross Garnaut, author of the recent influential report pointing the way for the Australian Governments Emissions Trading Scheme (ETS), is now saying it is a “line ball call” whether to dump the Rudd Govt’s ETS or to try and fix it.
Some aspects of the scheme could be salvaged, but ”substantial changes” were needed to fix flaws that risked entrenching ”certain vested interests”, he told a Senate inquiry yesterday.
Professor Garnaut said stronger emissions reduction targets, a high carbon price and incentives to reduce greenhouse emissions were needed to make the scheme more effective.
In the same newspaper Prime Minister Kevin Rudd is quoted saying “..coal will be the major source of power generation for many years to come”. The PM seems to be grasping at the straw of carbon capture and storage to produce “clean coal”.
In my opinion the coal mining unions (plus a strengthening common sense view of shortcomings in IPCC science) have exerted influence on the PM and this is thankfully the end of any serious carbon reduction target. The green left media will bleat on, Kev747 will continue claiming he has this or that carbon reduction target, massive taxpayer monies will be wasted on sops to the greens, clean coal, wind and solar power – but the Nation will basically stay on its present carbon emissions path for decades. Only a switch to nuclear could seriously replace coal as a source of reliable grid electricity.
Not even two years from the election of the Rudd Govt and reality has set in.
Interesting too that the new National Govt in New Zealand is also less carbon obsessed than the previous left wing regime.
So the IPCC is being sent some rough lessons in RealPolitik from the Antipodes. As a former PM said, “..the dogs bark but the caravan moves on..”.