Australia will pay for delay: CSU expert

1 JANUARY 2003

A leading climate change researcher with Charles Sturt University (CSU) believes delaying the emissions trading scheme (ETS) will cost every Australian in the long run. Professor Kevin Parton, a lead researcher with CSU’s Institute for Land, Water and Society, said the Federal government’s decision to delay the introduction of the scheme until after 2012 to wait and see what the rest of the world will do on carbon emissions was no reason to delay. “The three biggest polluters are USA, China and Europe. China is developing green technologies, and Europe already has an ETS. They are going to be way ahead of Australia,” Professor Parton said. “The media has greatly exaggerated the cost of an ETS to the public, leading to falling public support for the scheme. And the government doesn’t want to take the scheme to its first election.” Professor Parton said under ‘business as usual’ without an ETS, Australia can expect to double its average level of income by 2050. “But with the ETS this income doubling would be delayed only one year.”

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