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08 Jul 08

ACT Opposition spokeswoman Vicki Dunne says government must get the public on board as it develops policy from the findings.

"I think that what I'd like to see from the report is perhaps something a little more consumable for the average person than the 500 odd page report that there is now," she said.

"I think there needs to be a lot more engagement of average voters, average citizens on the subject."

06 Jul 08

My conclusion on that chapter: it marks a watershed in proper thinking about why an Australian government should support innovation and, not surprisingly, as a result as for a big hunk of support. However, I am less enamored by the focus on matching grants. There is potential for so much more when it comes to the environment.
What is interesting is that Garnaut calls for this magnitude of spending while ruling out “wrong arguments” for greater spending on innovation. These include that need for speed (ruled out because, if the emissions cap is binding, that is what emissions will be; end of story), low permit prices (ruled out because the setting of future targets will mean that prices will rise and innovation is all about the future), and that innovation will soften the blow from the carbon cap (ruled out because this blow is the point of the whole exercise

05 Jul 08

He said putting an ETS on "training wheels" would help the scheme inter-connect with international carbon markets but warned that taking strong action should not be delayed.

"Australia would be hurt more than other developed countries by unmitigated climate change, and we therefore have an interest in encouraging the strongest feasible global effort," he said.

04 Jul 08

The Garnaut Review released its Draft Report on 4 July, 2008.

The Draft Report describes the methodology that the Review is applying to evaluation of the costs and benefits of climate change mitigation; to the application of the science of climate change to Australia; to the international context of Australian mitigation, and to Australian mitigation policy.

The Garnaut Climate Change Review has been commissioned by Australia's Commonwealth, state and territory governments to examine the impacts, challenges and opportunities of climate change for Australia. A Draft Report was released today at 12:30pm, and the Final Report is due by 30 September 2008.