IPCC WG III Summary for Policymakers available for download here [Word Doc]
"25. Notable achievements of the UNFCCC and its Kyoto protocol are the establishment of a global response to the climate problem, stimulation of an array of national policies, the creation of an international carbon market and the establishment of new institutional mechanisms that may provide the foundation for future mitigation efforts.
26. The literature identifies many options for achieving reductions of global GHG emissions at the international level through cooperation. It also suggests that successful agreements are environmentally effective, cost-effective, incorporate distributional considerations and equity, and are institutionally feasible."
Standards not cooling demand, emission tax will.
See here. New standards seem to have no effect on C02 emissions, we still want bigger and more. The only thing that will fix the problem is to charge a tax on emissions when there is a cost to emissions then people will begin to move in the right direction.
Eco-towns could help over come the real terror.
“Gordon Brown will make a dramatic bid to steal a march on David Cameron tomorrow when he pledges to build five eco-towns that will create up to 100,000 new homes powered by solar panels and wind turbines.” See here.
The British labour party is showing the way, government funded eco-towns could help ease the housing problems and show the way to a truly carbon neutral world. Instead of wasting billions on the “War on Terror” lets spend the money in our own backyards, to overcome the real Terrors of global warming and rising house prices!
The "elephant in the room" on climate change!
says Clive Hamilton, author, and Director of the Australia Institute on “Meet the Press” this morning.
We will know that the ALP and Liberal party are serious about Climate Change when they address the issue of coal exports.
Obama's plan to halt US Middle East oil imports,
I bet Costello doesn’t have this sort of initiative in his budget policy.
I wonder if the US would have gone to Iraq if it no longer relied on Middle East oil imports.
Howard's refusal to act on Climate Change is costing the earth
Frank Muller, professorial visiting fellow at the University of New South Wales' Institute of Environmental Studies, says reducing greenhouse gas emissions has many benefits.
"Cutting emissions not only protects us from dangerous climate change, but also provides other important benefits that typically are not counted in economic studies. These include better public health, greater energy security and the benefits of innovation," he says.
"Another key message is that improving energy efficiency, especially in buildings, provides an enormous opportunity globally for cutting emissions at low cost, and in some cases actually saves money."
Dr Clive Hamilton, executive director of the Australia Institute, says the report strengthens the case for deep cuts in greenhouse gas emissions.
"Although substantial uncertainties remain, the IPCC report concludes that 'even for the most stringent of stabilisation pathways assessed' the costs of reducing carbon emissions are comparable to or lower than the economic damage avoided," he says.
"In other words, the economic benefits of deep cuts in emissions outweigh the costs."
See here.
Howard strategic policy flawed.
Paul Kelly says here: [extract]
Howard’s refusal to investigate the optimal solution to climate change on Australia is a blunder that will haunt him. As a public policy and market economist of global status, Garnaut was the ideal candidate to define an Australian market-based solution”.
Smoke and Mirrors
Costello runs chicken, from Mr the Rodent?
Akka, what bizarre theory can you run to explain why the Reichschatz minister is culling media covering his grubby smoke and mirrors tricks for Tuesday might?
It's noticeable that most of those shut out are Liberals or former Liberals, ex-staffers of Kennett, Vanstone etc. Scary, as the Howard Rat-Reich slides down the pan Check it out at crikey.com, citizen journalist Akka.
Frère Jihad Jacques OAM née Woodforde-Stacy, vormaliger Finanzschreiber.
At least the ALP is (at last) working on the costs
At least the ALP is (at last) working on the costs of climate change, Alan Curran. The current government seems to think (ignoring the evidence of the IPCC, Stern, the current drought and common sense) that there is no cost. If it asked Treasury, they could probably get out a half way decent report in time for a November election. But it won't ask, because, to the extent that they understand it, they know they wouldn't like the results.
What we do know, now, is that the costs of climate change are likely to be very large, and that the longer we take to address them, the larger they are likely to be. We also know that it is probable that the cost to Australia is going to be more than the global average (because of our coal and car economy), and that, therefore, the urgency is greater for us if we wish to avoid the worst consequences to our economy and environment.
What Labor has done is adopt a target based on the conservative end of a conservative consensus. They don't know the costs of the policy. They do know, because the IPCC, Stern, the current drought and common sense have told them, that not acting is likely to be much more expensive.
Labor could have asked Garnaut to report in September, and planned a campaign around that. The report would be inadequate, and the strategy high-risk, so they haven't done it. Garnaut might have declined. Instead, they have had a brief burst of good publicity, and set in place a process that will require a response when (as I hope) they are in government next year.
What is the economic impact of doing nothing?
Alan, Kevin Rudd has had to commission a report specific to Australia because Howard has done nothing. The worlds experts are telling us that to do nothing will have a greater impact on the economy.
The majority of scientist and economist have agreed that we have to reduce our emissions and we have to act now.
Most of the reductions can be done by becoming more efficient in the use of energy. This should save money and create jobs.
The Howard government is risking our economic future by not commissioning this report 12 months ago.
Unless we set targets how can we measure our progress.
Economic impact
Why would Rudd go to all the trouble in commisioning a Report when he has experts like you. What info do have that it would create jobs? You have been reading the Union newsletters again.
No expert but I can get hold of the facts!
Alan, I am no expert but I have access to about 3,190,000 sites on the net that say energy efficiency measures will create jobs. Where do you get you opposite view from?
For example:
“The extensive energy policy-related study assesses the impact of energy efficiency and renewable energy policies on Michigan's economy. The results of the study clearly show that investments in energy efficiency programs and the adoption of a Renewable Portfolio Standard (RPS) as called for in Granholm's economic plan, will create up to 19,000 additional jobs and increase the Gross State Product (GSP) by as much as $1.6 billion.”
See Here: http://www.michigan.gov/som/0,1607,7-192-29943-166821--,00.html
“A new report commissioned by green groups has found that a 25 per cent renewable energy target by 2020 could create 16,000 new jobs.”
See Here: http://www.abc.net.au/news/newsitems/200704/s1903736.htm
“Everyone modernizing his home to save energy receives state subsidies. This helps to protect the climate, saves energy costs, creates jobs in the building sector and generates local economic growth. “Every billion Euro spent on energy-saving modernization of existing buildings secures or creates some 25,000 jobs in the building crafts and trades.”
See Here: http://www.bmu.de/english/press_releases_as_of_22_november_2005/pm/38584.php
“A 2001 National Research Council report found that every dollar invested in 17 DOE energy-efficiency R&D programs returned nearly $20 to the U.S. economy in the form of new products, new jobs, and energy cost savings to American homes and businesses. Environmental benefits were estimated to be of a similar magnitude.”
See Here: http://www.ase.org/content/article/detail/3047
“Wasting less energy saves money (significant improvements in energy efficiency can usually be achieved for low capital outlay and with a short payback period), creates jobs and helps make industry more competitive. Energy efficiency measures also improve the quality of housing, helping bring warmer, healthier homes to old and vulnerable people living in fuel poverty.”
See Here: http://www.defra.gov.uk/environment/energy/index.htm
For your information Ian, I don’t belong to a union and have not read any union material on climate change
Spring in the air already
John, I see tax cuts are likely on the agenda this week which I think is the height of irresponsibility with the country in such desperate need of programs and works to address the water crisis in this country. Let alone deal with the underlying causes. If there are tax cuts they should only be given to the low income groups.
I notice this past week that plants that normally flower in the Spring are already sending out buds or in flower; the usual southern frosts are 6 weeks overdue; and it was so hot today on the Federal highway I had the airconditioner on. Not a good sign that we are going to get heavy winter rains or snowfalls.
As you say, all too late.
Since he is on about the economy and jobs to the exclusion of most other things, someone should ask John Howard whether he thinks there is any relationship between the availability of water, and the economy and jobs.
Not more spending just good governance.
Why don’t we give the 7 percent tax rate only to hybrid cars? Again it’s not about spending, just good governance.
Coal should the way of the horse and cart.
For Australia to reach its climate change reductions we need really good governance now.
We need politicians who will legislate energy efficiencies, which would not only reduce our carbon emissions but also create employment. Use some of the future fund to help finance solar water heaters for everyone. That way our grand children may actually have a future.
Howard and his team are too close to the energy barons. The coal industry needs to go the way of the horse and cart.
Howard knows best?
Howard is so arrogant to think his knowledge of global warming is better than the world’s best.
There is no time for a nuclear solution; we need to act now simply by getting more efficient in our use of energy and making users pay for carbon emissions. Not so hard, not so high tech.
Howard needs admit he has been wrong and sign up to Kyoto now!