Coal-Fired Australia, Buffeted by Climate Change, Enacts Carbon Tax
Australia, seeing the future now, making the right choices.
"Australia's enormous coal deposits long seemed like an unmitigated gift in an expansive land of sweltering summers. On the planet's driest inhabited continent, fossil fuel delivered cheap, reliable electricity through both extreme heat and torrential storms.
But drought, rampant wildfire in the outback, and the degradation of the treasured Great Barrier Reef have forever altered how Australia views its energy endowment. Facing a future as one of the places on Earth most vulnerable to climate change, and one of the nations with the world's highest per capita carbon emissions, Australia has taken steps to change its fate. (See interactive: "Four Ways to Look at Global Carbon Footprints")
This week the government issued its first ever carbon emissions permits, a milestone in implementation of a new climate and energy law that is expected to give Australia the world's most comprehensive carbon cap-and-trade system by 2015. (Related: "IEA Outlook: Time Running Out on Climate Change")...."
Australia, seeing the future now, making the right choices.
"Australia's enormous coal deposits long seemed like an unmitigated gift in an expansive land of sweltering summers. On the planet's driest inhabited continent, fossil fuel delivered cheap, reliable electricity through both extreme heat and torrential storms.
But drought, rampant wildfire in the outback, and the degradation of the treasured Great Barrier Reef have forever altered how Australia views its energy endowment. Facing a future as one of the places on Earth most vulnerable to climate change, and one of the nations with the world's highest per capita carbon emissions, Australia has taken steps to change its fate. (See interactive: "Four Ways to Look at Global Carbon Footprints")
This week the government issued its first ever carbon emissions permits, a milestone in implementation of a new climate and energy law that is expected to give Australia the world's most comprehensive carbon cap-and-trade system by 2015. (Related: "IEA Outlook: Time Running Out on Climate Change")...."
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