Last month,
amid great fanfare and excessive self-congratulations, the
representatives of 200 nations at UN-sponsored climate change talks in Paris
hailed a general agreement to curb carbon emissions. The covenant, which takes
effect in 2020, is intended to limit the potential rise in average global
temperatures to "well below 2 degrees" and, ideally, to less than 1.5
degrees above pre-industrial levels.
The obvious, but unanswered, question is how this will be
done in practice, especially here in Australia, where there is neither a carbon
emissions trading scheme (a market-based system) nor a punitive system for
taxing big polluters.
Read the Editorial in today’s Melbourne Age - “Global warming: Australia urgently needs potent climate policies.”

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