Australian Senate defeats cap-and-trade »
Posted By VinayKAgarwal 4 months, 1 week ago in News
In a potential preview for America, the Australian Senate has just defeated that country's version of cap-and-trade by a vote of 42-30. Most of the overseas coverage of this event, however, has missed the most interesting feature of the defeat. The BBC report, for example, claims that the bill was blocked because "opposition senators...feared the legislation would harm the country's mining sector."
In fact, the bill was defeated because there is now serious disagreement in Australia on the very existence of human-caused global warming. That's the backbone behind the collapse of what was supposed to be bipartisan agreement. As Senator Nick Minchin put it in a blistering speech opposing the bill, "this whole extraordinary scheme, which would do so much damage to Australia, is based on the as yet unproven assertion that anthropogenic emissions of CO2 are the main driver of global warming.... The Rudd government arrogantly refuses to acknowledge that there remains a very lively scientific debate about the extent of and the main causes of climate change, with thousands of highly reputable scientists around the world of the view that anthropogenic emissions of CO2 are not and cannot be the main driver of the small degree of global warming that occurred in the last 30 years of the 20th century."
Read Full Story at realclearpolitics.com »
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