Carbon cap and trade
July 4th, 2008
The Garnaut report, which seeks to levy heavy taxes on carbon producing activities, has been released and is getting favourable coverage from the main stream media. This should come as no surprise given the agenda driven coverage of this news over the last 5 years. When one actually deals with the facts though, the picture becomes a harsh one for those pushing the climate change agenda.
The single most important fact that readers should be aware of is that no carbon cap and trade system will have any measurable impact on the climate. No politician or academic will be able to stand up and say that because of the cost $x billion incurred by Australia on carbon cap and trade, the average temperature in Australia has dropped x Celsius. A carbon cap and trade system will have no impact on the climate - none.
If one assumes that human induced greenhouse gas emissions causes global warming, Australia’s greenhouse gas emissions are so small (about 1 per cent of the world) that one would not be able to measure the impact on temperature from any introduction of carbon pricing and the consequent emissions reduction.
The only clear outcome is that Garnaut’s approach will increase our cost of living and thereby reduce our standard of living, increase government control over our lives and make the Australian economy less internationally competitive. And what for, to show leadership?
GEORGE NEGUS: So I guess, to that extent, you should feel as though you guys, over the years, have achieved something in that the environment is in people’s consciousness, isn’t it?
PETER GARRETT: Well, look, I hope so. I think that’s what the public are telling us – it does matter to them. What they’re also telling us is they want leadership and they want a commitment.
Its the type of leadership that matters, and the way the debate is being held over carbon cap and trade at the moment, it is likely to be leadership more akin to the charge of the light brigade during the Crimean War. Leadership yes, but leadership for leadership’s sake - sacrificially pointless. As Alfred Tennyson wrote about the charge:
Theirs not to make reply Theirs not to reason why Theirs but to do and die
Indeed, as “All the world (once) wonder’d”, the world will wonder again. But final thoughts go to Professor Dr. Jack Steinberger, CERN - Europäisches Kernforschungszentrum, joint-Nobel Prize Winner in Physics, 1988. On a recent discussion on ‘Climate Changes and Energy Challenges’, from the 58th Lindau Nobel Laureate Meeting, Steinberger said:
Here on this table you’ve heard opinions which didn’t agree, and we’re all claiming to be scientists. So, to what extent political leaders can believe us is not obvious.
See also:
- Court action to stop emissions trading (August 19th, 2008)
- It’s all about prioritising (August 1st, 2008)
- Four good reasons not to believe in human induced global warming (July 31st, 2008)
- Algore: get ready to fry (July 17th, 2008)
- Rudd: pay more or die! (July 9th, 2008)



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