Friday, October 11, 2013

Tony responds

 Carbon price a necessity, says OECD

The head of the OECD has challenged world leaders to put a price on carbon, arguing that fossil fuel emissions must become more expensive if they're to be phased out over the second half of the century.

In a clarion call to industrialised nations, the Organisation for Economic Co-operation and Development has warned that climate change poses a very real risk that doesn't come with a ''bailout option'' like financial crises.

Outlining a new climate agenda from the Paris-based economic club, OECD secretary-general Angel Gurria said there was ''strong consensus'' that carbon pricing - either through a tax or emissions trading scheme (ETS) - should be at the cornerstone of all global efforts to tackle climate change....

The Climate Institute's John Connor said the OECD report was significant given the heads of two other major economic bodies - the IMF and World Bank - had called for similar action just one day earlier.





2 comments:

  1. Anonymous8:28 am

    You realise that, in order to attempt to be witty, you need a sense of humour, don't you? And, in order to have a sense of humour, you need a functioning intellect? Didn't think so.

    ReplyDelete
  2. No thinking person disagrees with a price on carbon. No numerate person believes AGW is not occurring.

    It is significant I believe that sinclair Davidson still infers AGW is not occurring BUT does not have the guts to say there has been a structural break in rising world temperatures.


    I wil put this in Around the Traps Steve.

    ReplyDelete