Saturday, May 3, 2008

Wheels start to turn on climate change

New Zealand - May 4th 2008 - It's been an important week in the climate change debate. Thanks to a flurry of reports and political comment, we are starting to see where compromises might be made in the emission trading system and related policies.

Some of the compromises will be good and beneficial but others will be bad and harmful thanks to lobbyists and politicians pandering to various constituencies.

Worryingly, we're running the risk of making more bad decisions that we can ill afford to, thanks to serious failures in some of the latest analysis. Some of the reports, like most of the previous ones from business lobbyists, exhibit a lot of short-term, ill-informed, unrealistic and ultimately damaging thinking. More >>>