Is a price on carbon enough? Or do we need complimentary measures to make sure that we get the emissions reductions we need? These were the questions asked of Jeanette and other key leaders at the climate change conference yesterday.
All the speakers, except Jeanette, said that it was about 80/20, that a price on carbon (the ETS) would do the heavy lifting and that the ETS would give us the most emissions reductions. Jeanette, in contrast, said it was about 20/80. A price on carbon is necessary but not sufficient to get the job done.
I think it is hilarious that the very people and parties who claim that the ETS, in its current form, will not reduce emissions are the very same people who say that we needn’t do anything else besides an ETS because it will be enough!
Complimentary measures include things like the Renewable Preference, which is already in the Bill, vehicle fuel efficiency standards, minimum energy performance standards (MEPS), and building and urban design codes. They also include things like investing in public transport instead of new roads, and maintaining the roads we do have so that they run optimally.
What complimentary measures do you think are the most important for getting our emissions under control? Do you think that a price on carbon is sufficient? Is it even necessary? If you could legislate new codes and standards, the one thing proven across many cultures and countries to actually work, what would you do first?
The Greens don’t claim to have all the answers, but we can claim to be the one party that often if not always asks the important questions. We like to stay focussed on the things that really matter. The things that are important.