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Monday, 18 July 2011
You're obsolete my baby...
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Such a political balancing act is getting more and more laughable, and more and more difficult.
The Spectator (Australia) looks at ETS's and carbon trading internationally and observes...Nonetheless, Ms Gillard and her senior ministers keep running the intellectually bankrupt argument that Australia...is catching up with other nations that are decarbonising their economies. So...start with North America (which has) given up on implementing either a carbon tax or an ETS...the overall impact on reducing US net emissions is negigible...It's the same story in Canada...where Stephen Harper's government increased its parliamentary majority...after promising not to legislate a carbon price. Check out China, where carbon emissions are steadily increasing...if Beijing really is an environmental leader why...in Kevin Rudd's colourful language, have its diplomats "ratf***ed global efforts to reach a genuinely global deal"? The answer is that China's leaders recognise that decarbonising the economy is a costly venture. Then there is the 27 member European Union: simply put, carbon pricing there has been a disaster...more here...
All this of course leading to the question, where does our ex-international currency trader, Prime Minister John Key see NZ heading ? With a population of just over 4 million, and carbon emissions that make up less than 0.01% of the world's total we are an environmental irrelevancy. Is John Key really so slavishly adherant to ex-PM Helen Clark's ideology and her employer that he would hobble our very fragile economy ? Has he in fact become a lemming trader ?
Labels:
Suicidal trading
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1 comment:
The ETS we have in NZ amounts to a "redistribution" of money/resources to certain special-interest groups.
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