$1 a day.. some good news for a Friday
February 14th 2008 23:51
Here's some good news for a Friday.
So $1 per day, that doesn't sound like a lot in the scheme of things, does it?
Well that is what the ACF is saying it would cost the Australian people to reduce our emissions to the ambitous targets of a 30% reduction by 2020 and a 50% reduction by 2030.
Here is the story below, it doesn't detail HOW we will do this at such a low cost, but they commissioned a credible advisor to do the numbers. Ill try to get a copy of the logisitcs of how they got to this figure.
I hope they are right, $1 a day seems very doable.
HAPPY FRIDAY
LOUIE
CLICK HERE TO LINK
Text below
So $1 per day, that doesn't sound like a lot in the scheme of things, does it?
Well that is what the ACF is saying it would cost the Australian people to reduce our emissions to the ambitous targets of a 30% reduction by 2020 and a 50% reduction by 2030.
Here is the story below, it doesn't detail HOW we will do this at such a low cost, but they commissioned a credible advisor to do the numbers. Ill try to get a copy of the logisitcs of how they got to this figure.
I hope they are right, $1 a day seems very doable.
HAPPY FRIDAY
LOUIE
CLICK HERE TO LINK
Text below
Australia can cut emissions by 30% for less than $1 a day
Date: 15-Feb-2008
A new report by consultants McKinsey & Co has found Australia could reduce emissions by 30 per cent by 2020, and it would cost Australian families less than $1 a day.
“Emission reductions of at least 30 per cent by 2020 – the sort of cuts the scientists are saying we need to avoid dangerous climate change – are achievable and affordable,” said ACF’s climate change program manager Tony Mohr.
“The cost per person is about the same as the cost of one local phone call per day – a small price for saving the Great Barrier Reef, our water supplies and the agricultural sector.”
The results are consistent with those of the Australian Business Roundtable on Climate Change which found deep cuts could be achieved by 2050 “while maintaining strong economic growth”.
“The 2002-03 drought cost Australia $10 billion. The total cost of a 30 per cent cut in emissions by 2020 is less than a third of this at $2.9 billion,” Mr Mohr said.
“If we fail to reduce emissions, the CSIRO says by 2030 Australia will experience drought 20 per cent more often than we do now.
“Not only are these cuts achievable and affordable, they are in Australia’s national interest.”
The McKinsey report found Australia could cut emissions by 60 per cent by 2030 – a full 20 years ahead of the Federal Government’s commitment to 60 per cent reductions by 2050.
The report also found Australia’s opportunities to reduce emissions are better than the global average and that we can do it “without major technological breakthroughs”.
“Cutting emissions by 30 per cent by 2020 can be done without using technologies that are yet to be proven or resorting to drastic, risky options like nuclear,” Mr Mohr said.
“The report confirms that significant emissions cuts require prompt action from government, business and households, so if we are going to play our part in avoiding dangerous climate we are going to have to get cracking.”
Date: 15-Feb-2008
A new report by consultants McKinsey & Co has found Australia could reduce emissions by 30 per cent by 2020, and it would cost Australian families less than $1 a day.
“Emission reductions of at least 30 per cent by 2020 – the sort of cuts the scientists are saying we need to avoid dangerous climate change – are achievable and affordable,” said ACF’s climate change program manager Tony Mohr.
“The cost per person is about the same as the cost of one local phone call per day – a small price for saving the Great Barrier Reef, our water supplies and the agricultural sector.”
The results are consistent with those of the Australian Business Roundtable on Climate Change which found deep cuts could be achieved by 2050 “while maintaining strong economic growth”.
“The 2002-03 drought cost Australia $10 billion. The total cost of a 30 per cent cut in emissions by 2020 is less than a third of this at $2.9 billion,” Mr Mohr said.
“If we fail to reduce emissions, the CSIRO says by 2030 Australia will experience drought 20 per cent more often than we do now.
“Not only are these cuts achievable and affordable, they are in Australia’s national interest.”
The McKinsey report found Australia could cut emissions by 60 per cent by 2030 – a full 20 years ahead of the Federal Government’s commitment to 60 per cent reductions by 2050.
The report also found Australia’s opportunities to reduce emissions are better than the global average and that we can do it “without major technological breakthroughs”.
“Cutting emissions by 30 per cent by 2020 can be done without using technologies that are yet to be proven or resorting to drastic, risky options like nuclear,” Mr Mohr said.
“The report confirms that significant emissions cuts require prompt action from government, business and households, so if we are going to play our part in avoiding dangerous climate we are going to have to get cracking.”
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Comment by katyzzz
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Comment by Krystal
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Too miserable for words.
Comment by Australian Fashionista
It is a nice thought actually as I'm sure we could afford it but I'd be willing to do without more than that - as always it's the efforts combined that would make this achievable.
Funnily my partner told me the other day that it would only take a dollar a day for us to pay of a $1,000,000 house (a lot of days though!)
Comment by Louie
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Comment by Louie
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wow I didnt realise $1 per day would buy a million dollar house....maybe that why the prevous generations have big houses and our planet is suffering
cheers
Louie
Comment by Australian Fashionista