Fossil of the Day
December 1, 2013 6:54 PM Subscribe
What would you do with an extra $550 a week? Australia is set to become the first government to repeal laws that put a price on carbon, and will instead begin directly paying polluters to stop, polluting. Called "Direct Action", Australia's freshly minted conservative government claims the scheme "will reduce Australia’s greenhouse gas emissions and deliver improvements to our environment" Others think not The government also claims that the world is moving away from market based schemes to direct action schemes, but this claim seems uncertain. The government has also moved to close the Climate Change Authority as well as The Clean Energy Finance Corporation What is Direct Action and how does it differ from an emissions trading scheme? Australia's new Prime Minister has had varying points of view on the science of climate change, and the nations recent attendance at the recent climate change talks in Poland offer a glimpse.
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