Is Australia’s Emission Trading System Going to Work Effectively Or is it Just Greenwash?
Author: Jean Cannon As Australians we do need to take action about carbon reduction. We are both the most vulnerable continent for feeling the effects of global warming and also we are the worst greenhouse emitters per head than any other country on the planet. We emit even more than the USA and Canada who are our nearest competitors for this wooden spoon. This is at least in part due to our huge coal industry. The head of the Australia Institute’s Think Tank says that the Federal Government’s emissions trading scheme will have too many permits and will not reduce carbon emissions. The Australia Institute’s executive director, Dr Richard Denniss, said the scheme’s flaws related to the 5 to 15 per cent emissions reduction targets, which he described as “ridiculously low”, and he said there would be too many permits. Dr Dennis said that “We won’t achieve the policy goal, which is to reduce emissions.” Dr Denniss told the Senate that “[If] we pass this legislation, we’ve got it for the ne
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