Tuesday, November 25, 2008
In a report issued this morning entitled "Fixing the Floor" the Australia Institute argues that the carbon pollution cap due to be announced shortly will in effect also be a "carbon pollution floor".
"When emissions trading comes in, every tonne of carbon dioxide saved by households will simply free up a tonne that can be used by industry," said the Institute's executive director Dr Richard Denniss.
"Installing solar hot water systems, driving smaller cars and turning off the light's will not help the environment one bit."...
The institute is proposing a modification to the scheme put forward in the so-called green paper that would allow household energy reductions to cut the total number of pollution permits in circulation.
In a separate development the Climate Institute today takes the unusual step of taking out newspaper advertisements calling on business leaders to speak out about targets in the lead-up to the government's decision.
“To their credit, most business leaders now accept the science of climate change," said the Institute's John Connor. "But remaining silent on the objectives we now need to set ourselves is a ‘greenwash’ of epic and global proportions."
“It is time business leaders came clean on their 2020 and long term objectives for ensuring a safe climate for future generations," said Mr Connor.
REACTION: Joshua Gans writes: Is the Australia Institute off the planet?