Lynette Molyneaux and colleagues write in The Conversation (27.4.16) about the federal Labor Party’s newly announced climate change policy, and highlight areas where detail is still to be fleshed out.
‘Labor has announced the climate policy it will take to the federal election, including a return to carbon pricing under an emissions trading scheme.
‘The detailed policy includes multiple market-based mechanisms. Among these are an emissions trading scheme, a domestic electricity cap-and-trade scheme, and a mechanism to close brown coal power stations. The package would also increase investment in renewable energy, instigate a major review of the electricity sector, tighten vehicle emissions standards and create a “trigger” to account for climate change in land-clearing.
‘Climate policy is the football of Australian politics. So as the election campaign ramps up, grab your popcorn and settle in for the showdown.’