Less than a fortnight after the release of the Rudd governments Carbon Pollution Reduction Scheme green paper, the potential losers are howling at the spectre of lost profits while the potential winners - global investment banks, hedge funds and commodities traders - are rubbing their hands at the thought of making millions from the permits to pollute that the scheme will create.
Analysis
Why do we put so much faith in the market to solve environmental problems? Why do we assume that increasing the cost of fossil fuel emissions will reduce their use rather than just increase everyone’s cost of living?
Labor won the November, 2007 federal election on the promise to “tear-up” Work Choices, abolish the hated Australian Workplace Agreements (AWAs — individual contracts) and overhaul the entire industrial relations system. Of course, all of this was promised to contain ample consultation and be in the spirit of balance.
Dramatic events within the worldwide Anglican Communion have revealed a “cold split” with the potential for a complete collapse of the Episcopal formation.
“The ABCC [Australian Building and Construction Commission] should be abolished … and its powers should be subsumed by the Workplace Authority and its successor, Fair Work Australia”, Professor Ron McCallum AO from the law faculty at the University of Sydney told Green Left Weekly on July 22.
On July 14, the Victorian police moved in to remove a group of protesters from public land near the site of the proposed $3.1 billion desalination plant in Wonthaggi.
Soon after Australian government adviser Professor Ross Garnaut presented his draft climate change review on July 4, world leaders gathered in a Japanese mountain resort for an expanded version of the annual G8 summit meeting.
In November 2006, the G20 — the finance ministers from the 20 biggest economies — plus representatives from the World Bank, met in Melbourne. They were met with protests.
Venezuela has won Miss Universe again. Meanwhile, my friend in Bolivia wrote on her blog that day, “I don’t know if anyone as big as me deserves to be alive”.
On July 3 a funeral was held for Bruce Trevorrow, who passed away peacefully on June 20 after being admitted to intensive care in Sale, south-western Victoria, and suffering a heart attack from which he did not recover. He was surrounded by family members and his wife Veronica.
The fact that the NSW Labor governments World Youth Day laws which would have made annoying Catholic pilgrims during WYD activities a crime punishable by fines of up to $5500 was a failed attempt to silence criticisms of the Catholic Church was brought home when WYD organiser Bishop Anthony Fisher effectively dismissed criticism of the churchs handling of cases of child sexual abuse by clergy.
Whatever the final detail of the federal governments carbon emissions trading scheme the framework of which is contained in the green paper released by climate change minister Penny Wong on July 16 theres one thing we can be sure of: it wont be of much use in cutting Australias carbon emissions.
- Previous page
- Page 552
- Next page