Tag Archives: Ross Garnaut

Climate Policy & Planning, Politics & Government, Social Science and Society

European ETS

38 Comments

EU_0,,16746928_403,00_300

Last week when the European Parliament voted down a proposal to prop up the EU Emissions Trading System’s languishing carbon price by postponing the sale of 900 million emission allowances until the back-end of this decade the price fell to below AU$4. There are obvious concerns about the legislated linking of the Australian carbon price to the EU scheme in mid-2015. Treasury had forecast an EU price of at least $29 in 2015.

Radio National’s PM program had a roundup of political commentary. Julia Gillard on the 7.30 Report was very clear. The legislation was there, it was hard enough to get through the parliament in the first place and we’d have to work with it.

Big business, quick off the mark, was suggesting that link with the EU should occur earlier, so they could buy permits while they were cheap.

Ross Garnaut said, don’t panic, the ETS is only one measure and targets may tighten by impacting on the price: Continue reading European ETS →

Climate Policy & Planning

It’s simple, really

122 Comments
Clean Energy Future launch

Frustration at the nonsense purveyed on Madonna King’s program inspired me to send her an email, stating the main features of the Clean Energy Future (CEF) package in three simple points. In this post I give an expanded version so you can check and let me know if I’ve got it right. The scheme does seem to me to have an elegant simplicity about it together with a flexibility that bespeaks careful design.

First, the government is selling permits to pollute, not imposing a tax. About 500 of the biggest polluters will have to buy permits to dump their waste carbon into the atmosphere. Annabel Crabb quotes Gillard as saying:

“Around 500 big polluters will pay for every tonne of carbon pollution THEY put into OUR atmosphere.”

As Crabb says:

WE are getting those polluters to pay for what THEY do to US.

Continue reading It’s simple, really →

Climate Policy & Planning, Climate Science

Climate clippings 19

135 Comments

These posts include a brief mention of a number of news items relating to climate change. They don’t preclude treating any of these topics at more length in a separate post.

They can also serve as an open thread so that we can keep each other informed on important climate news.

Garnaut Update Paper 5: The science of climate change

Garnaut’s series of update papers has now reached Update Paper 5: The science of climate change. This is worth a longer look, but suffice it to say here that the sense of urgency has grown considerably.

  • Observable trends seem to be running ahead of predictions.
  • The 2C limit looks high and may in fact represent the boundary between dangerous climate change and extremely dangerous climate change.
  • 450 ppm looks high, but we are going to shoot through it.
  • Garnaut has picked up on the “emissions budget” approach I have been banging on about. On present trends we (the world) will use up our remaining budget of allowable emissions in a couple of decades.

Continue reading Climate clippings 19 →

Climate Science

Climate clippings 3

57 Comments

It’s been almost a year since Climate clippings 2. Shall I say that intentions are good now, as they always have been.

I have included a brief mention of a number of news items relating to climate change. It doesn’t preclude treating any of these topics at more length in a separate post.

It can also serve as an open thread so that we can keep each other informed of important climate news.

Continue reading Climate clippings 3 →