Friday, December 4, 2009

Australia's Senate Defeats Carbon-Trading Bill.

Diggers Dump Dodgy Deal:

SYDNEY - Australia’s Senate yesterday defeated the government’s plan to implement a carbon pollution trading system to fight global warming, dashing hopes of setting an example for other nations at UN climate change talks next week.

The scuttled proposal would have placed Australia alongside the European Union and a handful of other places that have, or are considering, “cap-and-trade’’ systems to cut greenhouse gas emissions, and burnished Prime Minister Kevin Rudd’s international reputation as a leader on the issue.

...[snip] “Today the climate change extremists and deniers in the Liberal party have stopped this nation from taking decisive action on climate change,’’ acting Prime Minister Julia Gillard told reporters in the capital, Canberra.

Why is it anybody who points out the devastating real-world economic fallout from these 'cap and trade' policies is automatically deemed an 'extremist' who's in the pockets of Big Oil, Big Coal, the Tar Barons or whatever lighting-a-cigar-with-a-$1000-bill capitalist strawman is fashionable that week?

UPDATE: The Guardian's Fred Pierce urges Australia to 'silence skeptics':

If Australia does not silence its sceptics and reduce its emissions there is a real risk of the nation becoming uninhabitable

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