Abbott: 5% CO2 reduction is enough

Australia's contribution

Enough (possibly) to satisfy a part of the “we must do something” camp, and little enough (just) to satisfy the “we mustn’t wreck our economy” camp:

Australia should target a carbon cut of only five per cent following the international failure to agree on emission limits at the Copenhagen talks, the federal opposition says.

Opposition leader Tony Abbott has written to Prime Minister Kevin Rudd to ask him to conduct new modelling on the impact of a go-it-alone emissions trading scheme in Australia, in the wake of the weak outcome at the Copenhagen summit.

He then wants a national debate on the issue.

“All of the previous modelling, much of which is 15 months out of date anyway, was based on the assumption that other countries would have an emissions trading scheme or something like it,” Mr Abbott told reporters in the NSW Blue Mountains on Tuesday.

“After Copenhagen, we know that this is not the case. New modelling needs to be done to show what the effect of a go-it-alone emissions trading scheme would have on Australian industries and on Australian jobs.”

A 5% cut is nothing more than a gesture, however, as it equates to about seven hundredths of one percent of global emissions… so apart from showing “solidarity” with the rest of the world, it will achieve nothing (even if you believe that CO2 is the only dial on the climate, which, by the way, it isn’t).

Read it here.

Comments

  1. How appropriate – the “Five Percent Solution”. Reminds me of the old Sherlock Holmes movie “The Seven Percent Solution”, in which Holmes was a drug addict.

    This way, the “believers” who need their “fix” can have their “five percent solution”.
    Everybody is happy.

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