NATIONAL AFFAIRS: Why Rudd’s emissions trading scheme should be defeated
As unemployment soars, the handicaps that an ETS would impose on the Australian economy are the last thing we need, writes Peter Westmore. Kevin Rudd’s promised emission trading scheme – with the Orwellian-sounding title of the Carbon Pollution Reduction Scheme (CPRS) – is facing more or less inevitable defeat in the Senate. The name of the scheme is a misnomer, as it is designed to deal with Carbon Dioxide (CO2) emissions, not emissions of carbon, which are an entirely separate problem not dealt with by the legislation. The Prime Minister put forward the scheme before the 2007 elections, and is…