| Greg Hunt vows emissions trading is dead and won’t be revived for 20 years or more. But he has quietly given himself the power to bring back a form of carbon trading, and he has advice that if he doesn’t use it, Australia cannot meet the climate promises it has made to the world.
The seeds of an emissions trading scheme are buried in the deal Hunt did with crossbench senators. And the power for them to bloom into a new form of carbon trading also rests with him. The catch is, if he doesn’t allow this to happen, Australia is very unlikely to meet its 2020 emissions reduction targets, and has almost no chance of meeting the deeper targets it will have to commit to after that...............................................Full Article: Source |