• Home
  • GreenWorld
  • Asia
  • Australasia
  • Canada
  • Europe
  • Global
  • India
  • Top Stories
  • UK
  • USA
Currently with 2,113 posts and more than 10 new posts added each day!

Carbon Offsets Daily

The Best Resource On All Things Carbon

Australia unveils carbon scheme, targets 2020 cuts

Posted in Australasia on December 16, 2008

If you're new here, you may want to subscribe to our or .

| Sourced From |

SYDNEY: Australia has pledged to cut greenhouse gas emissions by at least 5% by 2020 to fight climate change, but critics said the plan was a “global embarrassment” and called for deeper reductions.
Prime Minister Kevin Rudd said Australia could not afford to sit on the sidelines as the world risked environmental disaster caused by rising atmospheric pollution blamed for global warming.

He said the government’s pollution reduction plan, which will include a carbon trading scheme due to start in 2010, was “one of the largest and most important structural reforms to our economy in a generation”.


“By the end of 2020, we will reduce Australia’s carbon pollution by between 5% and 15% below 2000 levels,” he told the National Press Club in Canberra.The targets are well below the cuts environmentalists have warned are necessary to prevent catastrophic climate change, and the Greens Party immediately labelled the 5% minimum a “global embarrassment”.

A small group of protesters occupied the prime minister’s Brisbane office, saying the proposed cuts would “only lead to climate chaos and the loss of national icons such as the Great Barrier Reef and the Kakadu wetlands”.Rudd, who was heckled by protesters as he delivered his address, said the government would reduce emissions by 15% from 2000 levels if a global pact on climate change was reached.This would occur “if there is a global agreement where all major economies commit to substantially restrain emissions and advanced economies take on comparable reductions to that of Australia”, he said. Rudd said the cuts were substantial given that Australia’s carbon pollution was projected to rise by 20% between 2000 and 2020 if no action was taken.

“We are not going to make promises that cannot be delivered,” he said. “We are starting the scheme with appropriate and responsible targets, targets that are broadly consistent with other developed countries.”

Rudd said the government would be criticised for not setting higher targets but he believed they would deliver the necessary reform while supporting the economy amid a global recession. And he said the proposed carbon trading scheme, which will grant permits to industries to cover the amount of greenhouse gases they are allowed to produce each year, would encourage companies to reduce their carbon footprint.

“For the first time in history we will begin to include the cost of carbon pollution in the price of goods and services,” the prime minister said.

Rudd’s announcement came just over a year after the centre-left Labor leader came to power, promising to bring major coal producer Australia in from the cold on climate change. He ratified the Kyoto Protocol, the landmark UN treaty on greenhouse gas emissions, as his first official act after being sworn in as prime minister in late 2007. – AFP

What’s Next?

  • Leave a comment

Related Posts

  • Govt’s “bookkeeping” carbon cuts won’t work
  • Agriculture to pay for carbon scheme
  • Carbon trading will create ‘new fields of employment’
  • Present trade rules hamper carbon-neutral farming plan
  • Australian miners step up carbon trade opposition

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • Recent Comments

    • on Carbon permits tip investors into generating power from rubbish
    • Don Pratt on Carbon Policy Meets Trade Policy
    • Adrian Batten on Bantar Gebang expected to earn carbon credits
    • Don Pratt on Bantar Gebang expected to earn carbon credits
    • on Alberta receives prestigious award for carbon capture and storage
  • Companies & CO2

    brands

    +

    carbon offsets

    who uses them?

  • Paid News Services





  • Exchanges

  • Interviews

    • All Interviews
  • News & Market Insight

  • Project Developer

  • Pages

    • About
      • Advertising
    • Brands and Carbon Offsets
    • Calculate Your Emissions
    • Carbon Emissions Management Software
    • Carbon Neutral Products
    • Carbon Offset Certifications
    • Carbon Offset Retailers
    • Events & Conferences
    • Glossary
    • GreenWorld
    • The Sustainable Blogosphere & Web
    • Tools For Business
    • What Is RSS?
    • _Customizations To This Blog
  • DAILY NEWS


     
    What is RSS?

    Or, subscribe via email:

    Or, follow on Twitter:

Get smart with the from DIY Themes.