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Is an Emission Trading Scheme the Right Path to Alleviate Global Warming for Australia?

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Submitted By vegemitetoast
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This dissertation examines the Australian ‘Emissions Trading Scheme’ (ETS) and why it is such a fiercely debated topic in politics, industry, community groups and the general public alike. It explores the ways in which the topic of global warming and climate change has significantly altered Australia in numerous aspects and particularly investigates the Rudd Governments’ decision to introduce an emissions trading scheme. The emissions trading scheme came on the back of The Garnaut Climate Change Review which presented its draft report on 4 July 2008 (with the final report submitted in September 2008). Upon receiving the draft report, Climate Change Minister, Penny Wong, issued the Government discussion paper on emissions trading, titled Carbon Pollution Reduction Green Paper. Since this paper was released, and the recommendations stated, turbulent times for all involved has ensued. With the ETS to be made effective sometime in 2010, the government has had to fight tooth and nail in the Senate to get it (the ETS) passed in time for the scheduled deployment. In this piece, both sides of the case will be looked at and a decision on whether the proposed ETS is an effective measure to combat global warming and climate change will be presented.

Is an emission trading scheme the right path to alleviate global warming for Australia?

Global warming and climate change. Two terms that are constantly thrown around in the Australian media but what do they actually mean? Simply put; global warming “refers to an increase in the average temperature at the surface of the earth, or the lower part of the atmosphere.” (Commonwealth of Australia, 2008) Whereas climate change is “a clear, sustained change (over several decades or longer) in the components of climate, such as temperature, precipitation, atmospheric pressure, or winds. Such changes must constitute a clear

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