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Credibility & climate change policy

An important effect of the recent Rudd backtrack on climate change  policy is that it has reduced the credibility of government climate change policy. As Laura Tinkle remarks today ’One thing that is certain is that the changes this week have not helped rebuild any solid and noisy base of support for the government’s emissions trading scheme’ [...]

Rudd on climate change

Kevin Rudd has further delayed the start of the emissions trading scheme to 2011 (after the next election), reduced the initial price of carbon to be charged from $20 per tonne to $10 per tonne (that is now about equivalent to a massive 2.4 cent per litre charge on unleaded petrol) and increased assistance to [...]