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January 26, 2009
The Coalition has finally moved beyond moving beyond denial and delay on climate change to understanding taking action on climate change as good risk management and insurance that could lead to economic benefits.
It's three part climate change policy would offset greenhouse gases by biosequestration capturing and storing large quantities of carbon in soil and vegetation, include measures to encourage improved energy efficiency in buildings where Turnbbull says 23 per cent of greenhouse gases originate and increase investment in new technologies such as clean coal.
The second strand, encouraging improved energy efficiency in buildings, is an area where the Rudd Government, has not done much about--ignored even. So they are back in the game; a game however, that is based on continuing to protect and subsidise coal and keep renewable energy at the margins.
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Some of what Turnbull proposed re changed land use practice, won’t go down that well with the Nationals -- particularly the section about growing more trees
Doesn't Turnbull require an effective ETS to provide the broader incentive framework for renewable energy and efficiency measure? Making carbon emissions more expensive encourages the search for alternative clean energy.