Larvatus Prodeo (Free subscription) | yesterday
Watching Insiders today, I heard lots on the latest Garnaut report. Sadly, there seems little evidence that anybody (notably including Brendan Nelson) has bothered to read it in detail. Nobody seems to have grasped, for instance, that Garnaut is arguing for a fundamentally different type of target allocation - per-capita targets, rather than [...]
Kalimna (Free subscription) | 06/09/2008
I thought Tim Colebatch in The Age this morning summed up the Garnaut Reviews proposals for climate management as well as anyone . Labor's rants at the Bali conference last year about the need for 25% emissions cuts below 1990 levels by 2020 were just an instance of the standard bull-artistry we can come to expect from bureaucrats briefed by this terrible PM. 'Say it first - then think'. Ah...
Mission & Justice (Free subscription) | 06/09/2008
Lenore Taylor; 6/9/08 Kevin Rudd’s climate change adviser, Ross Garnaut, has opened the way for the Government to adopt a modest greenhouse gas reduction target in a report that has won cautious business support and outraged environmentalists. Releasing his latest report yesterday, Professor Garnaut recommended Australia set a low initial greenhouse gas reduction target of between [...]...
The Red Wombat Hole (Free subscription) | 05/09/2008
Wizz-bang economist Ross Garnaut, the erstwhile hero of the "Climate Change with Market Trimmings" set, has just released his recommended emissions reductions targets for Australia. Actually, to be honest, he has just avoided the issue entirely, and promised Business As Usual. So, what has Garnaut (author of the 548-page tome of eye-shrivelling economic "analysis" of the impact of climate...
The Red Wombat Hole (Free subscription) | 05/09/2008
**Media release from People For a Safe Climate** Professor Garnaut has missed an opportunity to tell Australian federal and state governments just how seriously to take climate change, according to grassroots climate group People for a Safe Climate. Spokesperson Kamala Emanuel said, ``The two to three degree targets being promoted by the federal government is based on out-dated science and carries...
Public Opinion (Free subscription) | 06/09/2008
Ross Garnaut has adopted a softly softly approach to emissions trading ---cut emissions by 10% by 2020 ---and Australian business---heavy industry and the mining industry---- says that's far too much. The cost to the economy was just too great. We will all be ruined. Garnaut even qualified the 10% by...
Larvatus Prodeo (Free subscription) | 05/09/2008
There’s been a lot of criticism of the emissions targets suggested in the Garnaut Review’s supplementary modelling report. But there hasn’t been a great deal of explanation as to how he came up with them, which might be useful to make slightly more sophisticated critiques. In that light, here’s my attempt to explain [...]
The Age (Free subscription) | 05/09/2008
The Garnaut Climate Change Review says that cutting atmospheric pollution at this rate would reduce Australia's GDP in 2020 by 1.1% from business as usual. At a household level, it would increase electricity bills by 40%, a rise Professor Garnaut said must be offset for low-income earners through a compensation scheme paid for with emissions trading revenue.
The Age (Free subscription) | 05/09/2008
Australia should accept that ambitious global treaty on climate change virtually impossible in short term, Government's climate change adviser says.
It's Getting Hot In Here (Free subscription) | 06/09/2008
It is with a mix of despair, desperation and defiance that I read the news reports as they roll into my inbox and my computer screen this morning. Professor Ross Garnaut, the government’s chief climate change advisor, seems to have made a last-minute decision to recommend action based not on what the science demands, but [...]
Business Spectator (Free subscription) | 05/09/2008
International ratings service Fitch Ratings says local businesses would welcome the greater carbon price certainty offered by Professor Ross Garnaut, who has outlined his proposals for the federal government's response to climate change.
Business Spectator (Free subscription) | 05/09/2008
The softly, softly approach to reducing emissions proposed in Garnaut's draft review could spell the destruction of the Great Barrier Reef and the Murray Darling Basin. For the fossil fuel lobby, it's business as usual. 5 Sep 2008 3:30 PM
Larvatus Prodeo (Free subscription) | 04/09/2008
Ross Garnaut will be at the National Press Club in Canberra today at 12.30pm to release his next report - on Targets and Trajectories. There’s been a fair degree of speculation around that he will recommend a low target. Bernard Keane wrote in Crikey the other day: Ross Garnaut’s Supplementary Draft Report to be released on Friday [...]
Business Spectator (Free subscription) | 04/09/2008
The forestry industry and conservationists have welcomed Prof Garnaut's comments in favour of planting and protecting forests to promote carbon biosequestration (nature's way of balancing the Earth's greenhouse gases to ensure that the environment is able to sustain life).
Business Spectator (Free subscription) | 05/09/2008
Professor Ross Garnaut has recommended Australia seek to cut its carbon emissions by between five and 10 per cent from 2000 levels by 2020, and to fix a carbon price – at least in the early years of an emissions trading scheme – at $20/tonne.The recommendation in the long-awaited supplementary draft of his Climate Change Review translates into a cut in emissions of 25-30 per cent per capita,...
