[Peakoil] News items from Canberra Times Fri, 18 Aug 2006

[Antony Barry]

"Policy of fear carbon trading away planet's future" Letters p.12

David Grant writes about the Government's rejection of the Sates  
carbon trading proposals. He neglects the economic impact of climate  
change. In rejecting a market based solution it is clear his decision  
is based on politics.

David Horton writes that his decision is in support of big business  
and not the planet.

Tavis Potts says much the same.

Comment: Peak oil will create a shift to different fuels. Most of  
these are worse for global warming if we continue to drive as much   
and as inefficiently as we do. Carbon taxes will increase the price  
of petrol. This is a good thing as it will give market signals to  
encourage alternatives which we have to shift to, and to alternatives  
which emit less CO2.
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