Dare we hope that Rob Hosking is right:
. . . Underlying this appears to be a further calculation: that the Kyoto Protocol and its various policy offshoots is not going to be around, at least in its current form, by the time anyone has to make a decision on this. . . .
The Kyoto Protocol is the triumph of politics and bureaucracy over science and sense.
Initiatives like the Global Research Alliance which Climate Change Minister Tim Groser launched in Copenhagen are far more likely to do some good for the environment than the protocol which in some instances will do more harm than good.
Whether or not the suggestion that the protocol won’t survive is right, it does appear the government is sticking to its word that it won’t force agriculture into the ETS until the industry has the technology to counter emissions and our competitors face similar measures and the costs which go with them.