Australia's coal mining industry is a large contributor to its greenhouse gas emissions
Sceptics and greens reject Australian carbon trading plan
2nd December, 2009
Emissions under the carbon trading proposals would not have started to decline until after 2030 say campaigners
Opposition from both climate sceptics and the Green Party has seen Australia's parliament vote against plans to set up a national carbon trading scheme.
The emissions trading scheme (ETS) would have seen carbon emissions cuts of up to 25 per cent on 2000 levels by 2020 although these would not necessarily have been domestic cuts, as industry would have been allowed to buy carbon credits from overseas to offset their emissions.
The ruling party led by Prime Minister Kevin Rudd said they would try for a second vote next February.
Australia has some of the world's highest per capita carbon emissions after the oil-rich middle east and is heavily dependent on coal.
Friends of the Earth said the trading plan would not have delivered the cuts needed.
'The targets were too low, the compensation for the big polluters too high and the loopholes too large to allow the bill to pass,' said national climate justice coordinator Damien Lawson.
'Allowing polluters unlimited access to international carbon credits – many of which are clearly flawed and have well documented negative environmental and human rights impacts – is the biggest loophole in the scheme.'
Lawson said Treasury modelling showed that Australian emissions would not begin to decline under the proposed scheme until well past 2030.
'The Coalition’s motivation for blocking the legislation is wrong but the result is an opportunity for the government to implement real action to cut carbon pollution.
'The government can increase public-led investment in renewable energy, it can redirect the multi-billion dollar subsidies to the fossil fuel industry to energy efficiency and public transport,' he said.
Friends of the Earth Australia: Plan B report
Aborigines feel effects of climate change
A new study warns that unless new preventative action is taken, Australian Aborigines will experience higher rates of disease and psychological harm.
Why carbon trading cannot work
Carbon trading cannot work. How do we know this? Because economic theory tells us so
Carbon markets not working, says Deutsche Bank
Carbon markets are not working and UK and US government policy is not encouraging investment in renewable energy, says a leading bank
Carbon trading is a dangerous obsession, says report
Carbon trading schemes are allowing speculators to grow rich but are not delivering the emissions cuts promised, says Friends of the Earth
Carbon pricing is planetary Russian Roulette
How much would you have to be paid for each bullet loaded into a gun in a game of Russian Roulette? A runner-up in the Ecologist/nef essay competition...
Using this website means you agree to us using simple cookies.