In case you were wondering, Gore wasn’t specially imported, he was in Australia Gore is for the Climate Reality Project, hosted by the Australian Conservation Foundation.
The central point is that PUP will support the Government’s legislation to repeal the carbon ‘tax’ on condition of an amendment that companies be required by law to pass on the savings to consumers.
Two additional votes from the other four swinging senators will be required.
Secondly, PUP will vote against the Government’s bid to abolish the Clean Energy Finance Corporation, the Renewable Energy Target and the Climate Change Authority.
Palmer pointed out that while in opposition the Abbott had promised that Australia would retain its renewable energy target. He will make them keep the promise. There were fears that the RET could be shut down as soon as January.
No mention was made of ARENA, the Australian Renewable Energy Agency, which already has a budget of $3 billion “to fund renewable energy projects, support research and development activities, and support activities to capture and share knowledge.” Presumably it stays.
Third, PUP will give the thumbs down to ‘Direct Action’. Direct Action is:
“a waste of money, at a time when families, pensioners, young Australians, stay at home mums and single parents and indigenous communities are facing unfair measures in the budget, to increase excise and indexation is not the answer”. (From the SMH)
Instead, Mr Palmer says his party will move another amendment to set up an emissions trading scheme similar to the one proposed by former Labor prime minister Kevin Rudd.
But this version will “only become effective once Australia’s main trading partners also take action to establish such a scheme”, Mr Palmer said.
“Climate change is a global problem and it must have a global solution,” he said.
“Air moves around the world.”
The price will initially be set at zero.
My interpretation is that the PUP ETS is not linked to repealing the carbon ‘tax’, but to the proposed Direct Action.
This policy mimics what Abbott has been spruiking, so the might just go for it.
Greg Hunt must be happy. He won’t have anything to do and won’t have to fight his recalcitrant colleagues every step of the way.
As recently as April Palmer indicated he did not accept the findings of the latest intergovernmental panel on climate change report and thought countries should be concentrating on reducing “the 97% of carbon dioxide emissions that come from nature”.
Perhaps Palmer has been reading some recent opinion surveys, where Australians are increasingly looking for action on climate change. According to Giles Parkinson, Palmer said:
“The world is constantly changing, and our ability to adapt to change and keep open open mind is what really matters.”
Any way he’s now going to “deliver hope to mankind”.
The Guardian also notes:
Palmer wholly owns a nickel refinery in Queensland that is liable to pay the carbon tax. He has now paid its outstanding carbon tax bill in full, and abstained from the vote on the carbon tax repeal in the lower house because of his conflict of interest.
Under existing law, the fixed carbon price is set to rise to $25.40 next week. A floating price would mirror the international price which is about $8.
Tingle sees palmer as a populist who has outplayed Abbott and wedged Labor and The Greens. After Clive the ETS lives on as a viable policy notion with anyone but Abbott at the helm.
There’s an interesting piece at The Drum by Peter Lewis and Jackie Woods Palmer: top dog or annoying PUP? Voters see Palmer as above all arrogant, aggressive, erratic, out of touch with ordinary people and superficial. This is how the four leaders stack up overall, according to Essential Media Communications: