Friday 30 November 2007

Climate Change predicted to set 'diabolical' policy challenges for Rudd Government

Something I guess we all expected. The road ahead will not be easy and a hostile and bitter Coalition-dominated Senate for the next seven months will likely make matters even harder.
 
"CLIMATE change is already more advanced than the world realises, and tackling it will present "diabolical" policy challenges, says the head of Labor's climate change review, Professor Ross Garnaut.
In his first speech since starting his policy review for state governments and Prime Minister-elect Kevin Rudd, Professor Garnaut indicated that he would recommend a stronger framework to secure rapid cuts in greenhouse gas emissions than that proposed by the Howard government.
He implied that emissions trading could start as soon as 2010, suggested there was a strong case for high carbon prices from the outset to drive change, and opposed free permits to existing polluters, as the Howard government envisaged.
An internationally known economist who has been adviser to former prime minister Bob Hawke, Australian ambassador to China and head of the Hawke government's tariff review, Professor Garnaut said he was confident that global warming could be brought under control without derailing global growth."
The Age full article today:

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