Flawed Carbon Trading Scheme

How much do you know about the Emissions Trading Scheme (ETS)?

The Australian government is proposing an emissions trading scheme (ETS)  which they call a Carbon Pollution Reduction Scheme (CPRS) on the basis this will somehow save the environment.

Some claim a tax would be better than the proposed ETS but the bottom line is both will increase prices across the board, send Australian jobs overseas, and have little effect on global warming.

The proposed scheme is complicated financial engineering, as open to abuse as the derivatives that created the current global financial mess.

Carbon Trading adds no value to our economy and will cost emitters millions of dollars, adding to the ultimate price that consumers pay for food, manufactured goods, power and transport, as well as resulting in the moving of jobs and emissions off-shore. Companies that act as brokers for carbon trading take a commission on each transaction, and therefore it is in their interest to have the government introduce an ETS, and the higher the carbon price, the more money they will make.

The ETS is about game playing, risk and money, not saving the environment.

The flawed carbon trading scheme will cost and won't pay! Think again Kevin.

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At the beginning of this year, the Minister for Climate Change and Water, Penny Wong, blamed "the scorching weather across southern Australia" on climate change. It was very hot, and there were devastating bushfires, but this is after all Australia, "a land of drought and flooding rains", as Dorothea McKellar said over 100 years ago.

A newspaper article written back in January, 1900, even contrasted the drought in southern Australia with the floods in the north:

"THE oppressive heat was a major talking point of the vast and drought stricken country of Australia...

"So dry is much of Australia that the riverboats on the Murray have come to a stand still.  On a cattle station in central Queensland, it is reported that the kangaroos are too weak to hop and the kookaburras can no longer fly.

"In Western Australia, Victoria and Tasmania, the New Year sees these State's battling to recover after recent bushfires. But if it's not fires it would be floods, and if not floods it would be drought.

"In the north the odd cyclone adds a bit of interest by knocking down a few towns, or sinking the fishing fleet. Australians are used to having nature knock them off their feet every so often."

All that is different now, is that Australian politicians are blaming carbon emissions.

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This campaign site and this petition is an initiative of the Australian Environment Foundation www.aefweb.info.