Sunday 5 October 2008

Australian Government Treasury on climate change mitigation policy modelling

The preliminary Australian Government Treasury 33-page document modelling climate change mitigation policy was released on Friday.

The economic outlook has been G-cubed, GTEMed, MMRfed and generally subjected to a wide range of assumptions.

My favourite of which is:

demonstrated on a commercial scale.

Which leaves the Australian coal industry (and the rest of the world) just 12 years to solve all the problems associated with this proposed technology.
Has the domestic industry seriously started yet or is it waiting for Rudd's new taxpayer-funded body or an overseas mining company to produce the miracle?


No comments: