Emissions trading objections

In my (admittedly limited) reading about the proposed emissions trading scheme here in Australia, I get the impression there’s two primary objections (mostly from business, but also the opposition party – coincidence?) to the trading scheme.

The first is that a scheme will raise prices for the Australian public for goods from high-emissions industries, like electricity. I suspect this is to raise public opposition to the scheme, but I think that we’ve mostly overcome this objection.

The second seems to be that the scheme will negatively impact exports for these products, which in Australia will have a significant impact on exports. An extension to this argument is that producers in countries that don’t have such impediments will be able to undercut the price of Australian companies’ produce.

Over the jump I’ve put together some initial thoughts on these objections and the Government’s proposed approach…


Synapse sparks (06-Aug-2009)

These links come from my Delicious feed.

Happy snaps from Hong Kong

Hong Kong street scape

I’ve just finished uploading and captioning on Flickr the few photos I took while in Hong Kong.

For some reason I felt really self-conscious about taking photos on the trip, so most of them are taken on the one “tourist” day I did, when I went to Lantau Island to see the cable car, Big Buddha, Po Lin temple and the Tai O fishing village.

Thankfully some other folks have taken some great shots of the other interesting things I saw, like Man Mo temple, the Peak, Tsim Sha Tsui at night and the experience of catching the MTR rail service.

I’m still waiting for Google Street View to launch in Hong Kong to see if they snapped me as the Google car rolled past. Might be the most fortuitous holiday snap of them all…