July 18, 2014
Carbon pricing has gone but it lives on in the form of a battle about decreases in the cost of living and the Coalition's new fear campaign that Labor wants to bring back "the carbon tax" (ie., an emissions trading scheme) at the next election. The conservative cultural warriors claim an iconic victory. Mission Accomplished.
What survives still is the Climate Change Authority, Clean Energy Finance Corporation, the Australian Renewable Energy Agency and the Renewable Energy Target. For how long? The fossil fuel industry wants this architecture gone in order to protect its declining profits. The mining industry and polluters call it "damaging the economy".
The Coalition appear to think that they have voted climate change away. They and the coal industry is in for a surprise since their massive Galilee Basin mining proposals look set to go the way of Olympic Dam: pipe dreams of another age. The Canberra Press Gallery has yet to figure this out.
The Coalition’s approach to climate change is political management. It seeks to avoid embarrassment on the domestic and world stage by doing the bare minimum and fiddling at the margin to cover its protection of the fossil fuel industry. Black is their future. So they have no need of a credible policy to deal with greenhouse gas emissions or global warming.