US Senator Kent Conrad said that it would be a “distant hope” to expect the climate change plan to pass unless it includes help for industries that would be hit hard by limits on carbon emission production. Read more here.
Tag Archives | Economics
Australian economist Alan Moran considers the advantages of taxing versus trading to reduce carbon emissions and concludes the best policy for Australia is to do nothing till 2020, then catch up by 2050, given the Treasury’s estimate at 3 percent of GDP. Read more here.
Cartoon by Nicholson from “The Australian” newspaper: http://nicholsoncartoons.com.au
THERE is a lot less “stuff” being produced in the US and China as a consequence of the financial crisis. According to Joe Kishore writing at The World Socialist Website: “Manufacturing in the US is collapsing, with a key index falling to its lowest level in 20 years on Friday. Other figures released yesterday show […]
The Church of England’s Church Commissioners have gone green, investing £150 million with former US Vice-President Al Gore’s environmentally minded investment firm, Generation Investment Management. Read more here.
GetUp’s global warming television ads (to air today) are dishonest and inaccurate, according to Dr Jennifer Marohasy, Chair of the Australian Environment Foundation. “For all sorts of reasons a number of groups, of which Internet campaigners GetUp.org.au are one, are pretending that the Rudd Government’s proposed Emissions Trading Scheme is a minor 5 to15 percent […]
One solution to “carbon pollution” is biochar, but according to the Australian government’s policy on emissions trading, the science of biochar is not fully developed – so it can’t be included in any emissions trading scheme. According to Environmental Scientist, Professor Syd Shea: Biochar is a fine-grained, highly porous charcoal that helps soils retain nutrients and water. The carbon […]
There are… growing doubts about the long-term viability of the EU’s Emissions Trading Scheme. Read more here.
THE big news in Australia at the moment is yesterday’s Prime Ministerial announcement that Australia will cut its greenhouse gas emissions by 5 per cent of 2000 levels by 2020, but could cut up to 15 percent if other countries also sign up to stronger reductions. In response to criticism that the target is too […]
Nascent green industry’s balance sheets are beginning to bleed red… for the giant wind farm project to be economically viable we will have to wait for fossil-fuel prices to rise again. Read more here.