A partisan divide, climate change doubters ridiculed by by environmental advocates, concerns about the global competitive impact of being a carbon control leader, and uncertainties surrounding market function, pricing and cost to consumers… Sound familiar?
Now imagine it all in Paul Hogan’s accent instead of in the halls of the Capitol, and you have the Australian debate over cap-and-trade legislation.
NYT runs a story that gives evidence of one of the major obstacles to getting real global energy reform, the “you first” problem.
The story notes, “Conservatives say [the country] should not commit itself to any target before the world’s biggest emitters — China and the United States — lay their cards on the table, and a successor to the Kyoto agreement, which expires in 2012, is reached.”