Tag: carbon tax

Consumptionomics

Business pages don’t often carry articles about the need to forsake the growth model. I was somewhat startled to come across one prominent in the NZ Herald business supplement last week. Journalist Chris Barton wrote about the ideas of Chandran Nair, author of Consumptionomics and a speaker at this year’s Auckland Writers & Readers Festival There’s a Kindle edition of Consumptionomics so I was able to read it over the next couple of days, which I did with considerable interest.

Nair, a Malaysian of Indian descent, is founder and chief executive of the Asian think tank Global Institute for Tomorrow and writes for Asian audiences. His basic intent in Consumptionomics is to urge Asian countries not to follow the pattern of Western models of economic growth, consumption-driven and built on the exclusion of environmental and social costs.  While the West may have got thus far by leaving those costs out of account there is no way in which the much larger populations of Asia can aspire to the same kind of economic development. The economic model only more or less worked when a relatively small proportion of the world’s population was using it, and then only by excluding the long-term damage to the world’s environment which now confronts us. It is folly to think that consumption-driven capitalism can be realised across the vast populations of Asia. Instead he calls for sustainable ways of living which will pass on to future generations an environment with rainforests, with biodiversity, with adequate resources, with fish in the oceans, with cities that are a pleasure to live in and with a climate that is not running out of control.

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Australia’s carbon price mechanism in six dot points

Rosemary Lyster, Professor of Climate and Environmental Law at the University of Sydney explains the most important features of Australia’s new emissions law. It’s interesting to compare and contrast the framework with the current ETS legislation in NZ, and what may happen to our framework if National form the next government. [Republished from The Conversation]

Australia’s carbon price mechanism has become law. But how does it work? There are six key points:

1. Australia’s emissions trajectory

By 2020, Australia will reduce all of its greenhouse gas emissions by 5% compared with 2000 levels. By 2050, emissions will be reduced by 80% compared with 2000 levels.

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Baby steps: Australia’s carbon tax passes Senate vote

Today could be viewed as an historic day for Australia, where the carbon tax has just today been voted through the Senate. Historic, yes, because it’s taken 20 years for Australia to finally implement this legislation. Finally, a price has been put on carbon in Australia. O my, what a fight it has been. If the NZ Herald thought Robyn Malcolm’s attack on John Key at the weekend was “vitriolic”, I’m not sure how they’d label the toxic politics across the ditch.

Tony Abbott has vowed in blood to repeal the package. He’s been obsessed with blood, baying for Julia Gillard’s all year. But it doesn’t seem to have got him anywhere — his unpopularity has reached new heights today, according to a news poll today.

I’m not going to go into the details of the tax and how it compares with NZ, as Mr February has covered that far better than I ever could in two excellent blogs here and here.

The tax has rallied the right. And boy have they rallied, with anti-carbon tax rallies up and down the country, festooned with abusive placards like “ditch the bitch” – and much, much worse. At one point even Tony had to distance himself from these, his most avid supporters.

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Butterfly futures flutter by

James Hansen’s latest discussion paper begins and ends with Monarch butterflies. He watches some on his property in Pennsylvania as they prepare to leave for their migration to Mexico and reflects on the prospects for their survival as a species as global warming takes hold. The Monarchs cross Texas on their way south, a difficult path this year over desolate, baked-out territory. Which leads Hansen to a spirited denunciation of “well-oiled Governors and Senators in Texas and Oklahoma” who assert that global warming is a hoax and help business-as-usual CO2 emissions to continue.

He addresses the question of whether the drought and fires in Texas can be attributed to global warming. The media have remained largely silent this year on possible connections between extreme weather events and human-made climate forcing, and Hansen asks whether scientists should be making more effort to draw public attention to the human role in climate anomalies.

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Support for greening the economy

It’s been interesting to see some NZ Herald articles bearing on the Green Party’s “100,000 green jobs” policy which I discussed a few days ago.

John Armstrong shared my view that the Green’s jobs policy deserved more than the “ritualistic slagging” offered by John Key and Steven Joyce.

National might still claim the Greens do not understand economics. The purpose of yesterday’s policy release was to demonstrate the Greens do understand – and are deadly serious about remedying the economy’s structural weaknesses, though not in a fashion National would favour. Continue reading “Support for greening the economy”