Pro-Coal, Australian Garnaut Climate Review Damns Coral, Australia & World
Prominent Australian academic Economist Professor Ross Garnaut was commissioned by the right-wing, pro-Coal, State and Federal Governments of Australia to review the economic impacts on Australia of climate change; to also examine this in an international context; and to recommend policy options.
The Garnaut Review Draft Report was published recently and has made headlines in Australia ever since. This pro-Coal Australian Climate Change Report is of major importance because Australia is the world’s biggest coal exporter and if you include the CO2 from these exports, Australia’s annual per capita greenhouse gas pollution (47 tonnes CO2-equivalent per person per year) is about 10 times that of China (5) and over 40 times that of India (1).
The Garnaut Report is GOOD in that it indicates (albeit inexplicitly) a serious climate change situation; the need to act now; and a “Cap and Trade” Emissions Trading Scheme (ETS) to encourage uptake of clean energy options.
