The Forum > General Discussion > Climate talks bust, - parties agree to future
Climate talks bust, - parties agree to future
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"It is not a treaty, It is not even agreement for a treaty. It is an agreement for possible negotiation of an agreement for 2020"
Which is a bit of a pity, because treasury modelling for the Gillard carbon tax assumed that by 2015-16 things would all be sown up and the world would have a flexible price for carbon of $29.00 tonne.
And in today's AFR, we learn that Canada --a country with an export base which more closely resembles Oz than most -- has declared it will not renew Kyoto.
Under Gillard's climate policy Oz is getting more and more adept at playing the role of a shag on the rock.