CHINA has just made a “spectacular” commitment on climate action.

Posted 28 September 2015 by Country Solar, in General

CHINA has just made a “spectacular” commitment on climate action that has the potential to create a significant problem for Australia.

The announcement on Friday that the world’s biggest carbon emitter, and Australia’s largest trading partner, plans to introduce an emissions trading scheme could be a game changer for climate action.

China has signed a joint presidential statement with the United States on climate change that emphasised the need for a low-carbon transformation of the global economy this century.

“If the world’s two largest economies, energy consumers and carbon emitters come together like this, then there is no reason for other countries, whether developed or developing, to not do so as well,” US President Barack Obama said.

Australian National University Energy Change Institute director Ken Baldwin said there was no doubt that China’s decision was “significant” and would put enormous pressure on Australia to adopt a carbon pricing mechanism in the lead-up to the United Nations Climate Change Conference in Paris.

But Prime Minister Malcolm Turnbull has said Australia would stick to its Direct Action Plan, which some have criticised for being expensive and ineffective, but which has been successful in reducing emissions by paying companies to reduce the pollution they produce.

So is China’s move really the game changer some suggest?

 

Read More:
http://mobile.news.com.au/technology/environment/is-chinas-spectacular-move-on-climate-action-a-game-changer/story-fnjwvztl-1227547967468

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