Environment

Australians march against climate change today

by amyjudd | November 15, 2008 at 02:51 pm

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by aje152000

Thousands of Australians marched today in the streets of Sydney to call for a tougher government stance on climate change.

This happens as Australia prepars to set national greenhouse gas emissions targets, and many environmentalists say that the government is likely to make decisions that will not actually benefit the environment.

Australia is the world's 16th biggest carbon polluter, producing about 1.5 percent of the world's global emissions. It is the fourth largest emitter per person, with five times the pollution per person of China.

The center-left government will outline its preferred emissions following public consultations involving global miners such as BHP Billiton and power companies like AGL Energy.

An interim framework in July led to business group accusations that steel, cement and papermaking firms would be forced out of business or to shift operations overseas to Asian bases where emissions costs were lower or non-existent.

To ease concerns, Climate Change Minister Penny Wong and Treasurer Wayne Swan last month released Treasury modeling that found carbon trading would cut average per capita growth by 0.1 percent a year from introduction in 2010 to 2050, with only a small one-off inflation impact.

The government has also promised proceeds from the auction of emissions permits will be used to compensate poor families and motorists for rises in the cost of fuel and electricity, which is mostly powered by burning coal.