Why carbon targets aren’t a feel good exercise

The Sydney Morning Herald published a piece of mine today in its Copenhagen special report.  In Australia, we’ve been obsessed about either the fictituious debate over the science of climate change or the morals of saving polar bears, but the global economy is shifting rapidly to a low carbon economy.  I try and point out that even if you think there is a vast conspiracy among thousands of scientists or dont really care about polar bears, meaningful carbon targets in Australia are critical to transforming our economy to one which is more productive in the things that the world will crave this century: the new low carbon fuels, cars, buildings, materials and technologies.  If Australia protects the heavy polluters by issuing weak carbon-emissions targets, it will be the equivalent of protecting the typewriter industry at the dawn of the personal computer age.

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