Really? You Mean CO2 Reduction Has Costs?
New today from the new Australian government, who to date have placed themselves solidly in the catastrophic camp:
PRIME Minister Kevin Rudd last night did an about-face on deep cuts to
greenhouse gas emissions, days after Australia's delegation backed the
plan at the climate talks in Bali.A government representative at the talks this week said Australia backed a 25-40 per cent cut on 1990 emission levels by 2020.
But after warnings it would lead to huge rises in electricity prices, Mr Rudd said the Government would not support the target.
The
repudiation of the delegate's position represents the first stumble by
the new Government's in its approach to climate change.