i thought a red herring was a bird
February 21st 2008 00:50
Until this very minute I thought a red herring was a bird. How stupid am I? It seems to be a fish. WOW. On a different note..
Garnaut is going to give guidance on the impacts of climate change on the Australian economy today. Although it won't be a recomendation, we will be able to get a pretty clear indication on the lay of the land before the offical recomendation is given in June. I guess he is going to take the opportunity to clear the air about his view; after the red herring the press got hold of last month.
Until then it was thought (because that is what we were told by Rudd) the Garnaut recomendation to the government on climate change action, was going to be the cornerstone of the governments climate change policy. The impact has been diluted somewhat after a few rogue comments were pounced on by the press and Penny Wong had to say that the government pretty much intended to do what they wanted anyhow.
In my world this will be an interesting day
but nothing, nothing compares to Sudoku 
even a trip to sunny qld tomorrow has me feeling lacklustre except for doing my puzzles for one hour on the plane......
See below for the Bloomberg view of the upcoming Garnault event.
Today is like a Friday for me...yay
CLICK HERE OR READ BELOW
Garnaut is going to give guidance on the impacts of climate change on the Australian economy today. Although it won't be a recomendation, we will be able to get a pretty clear indication on the lay of the land before the offical recomendation is given in June. I guess he is going to take the opportunity to clear the air about his view; after the red herring the press got hold of last month.
Until then it was thought (because that is what we were told by Rudd) the Garnaut recomendation to the government on climate change action, was going to be the cornerstone of the governments climate change policy. The impact has been diluted somewhat after a few rogue comments were pounced on by the press and Penny Wong had to say that the government pretty much intended to do what they wanted anyhow.
In my world this will be an interesting day
but nothing, nothing compares to Sudoku even a trip to sunny qld tomorrow has me feeling lacklustre except for doing my puzzles for one hour on the plane......See below for the Bloomberg view of the upcoming Garnault event.
Today is like a Friday for me...yay
CLICK HERE OR READ BELOW
Garnaut Reports on Climate-Change Impact on Australian Economy
By Gemma Daley
Feb. 21 (Bloomberg) -- Australian professor Ross Garnaut will today release an update on his report on how climate change will affect the national economy.
Garnaut, based at the Australian National University, will release an update on the report to state premiers today in Adelaide, his spokeswoman said. The final draft will be released in June and the official report in September, Anna Freeman said.
``The report is about the impacts of climate change and the opportunities for the Australian economy,'' Freeman said in a phone interview from Adelaide. ``There are no recommendations in this report, but it will give a strong idea of our approach.''
A United Nations accord reached in Bali in December acknowledged the scientific basis for developed nations to cut emissions by between 25 percent and 40 percent by 2020 to avoid the worst effects of climate change. The Australian government has a target to cut greenhouse gas emissions by 60 percent from 2000 levels by 2050 and has yet to set shorter-term goals.
Australia will set a medium-term target for greenhouse gas reductions by the end of the year to put the framework in place for an emissions trading system, Minister for Climate Change and Water Penny Wong said on Feb. 6.
The government will also develop a draft on emissions- trading legislation by year-end to enable the laws to be passed in 2009 and trading to start in 2010, Wong said. It will use Garnaut's report to set an emissions reduction pathway for trading.
``He'll be one of many sources of advice to the government about how we move forward with a new regime on targets, how we design emissions trading, and the rest,'' Prime Minister Kevin Rudd told Australian Broadcasting Corp. television yesterday. ``We may accept some of it, reject other bits, but we are very keen to go through it and go through it thoroughly.''
The emissions trading system, which will cover more than 70 percent of the country's emissions, will use the so-called cap-and- trade design utilized in the European Union.
To contact the reporter on this story: Gemma Daley in Canberra at gdaley@bloomberg.net
Last Updated: February 20, 2008 16:18 EST
By Gemma Daley
Feb. 21 (Bloomberg) -- Australian professor Ross Garnaut will today release an update on his report on how climate change will affect the national economy.
Garnaut, based at the Australian National University, will release an update on the report to state premiers today in Adelaide, his spokeswoman said. The final draft will be released in June and the official report in September, Anna Freeman said.
``The report is about the impacts of climate change and the opportunities for the Australian economy,'' Freeman said in a phone interview from Adelaide. ``There are no recommendations in this report, but it will give a strong idea of our approach.''
A United Nations accord reached in Bali in December acknowledged the scientific basis for developed nations to cut emissions by between 25 percent and 40 percent by 2020 to avoid the worst effects of climate change. The Australian government has a target to cut greenhouse gas emissions by 60 percent from 2000 levels by 2050 and has yet to set shorter-term goals.
Australia will set a medium-term target for greenhouse gas reductions by the end of the year to put the framework in place for an emissions trading system, Minister for Climate Change and Water Penny Wong said on Feb. 6.
The government will also develop a draft on emissions- trading legislation by year-end to enable the laws to be passed in 2009 and trading to start in 2010, Wong said. It will use Garnaut's report to set an emissions reduction pathway for trading.
``He'll be one of many sources of advice to the government about how we move forward with a new regime on targets, how we design emissions trading, and the rest,'' Prime Minister Kevin Rudd told Australian Broadcasting Corp. television yesterday. ``We may accept some of it, reject other bits, but we are very keen to go through it and go through it thoroughly.''
The emissions trading system, which will cover more than 70 percent of the country's emissions, will use the so-called cap-and- trade design utilized in the European Union.
To contact the reporter on this story: Gemma Daley in Canberra at gdaley@bloomberg.net
Last Updated: February 20, 2008 16:18 EST
Until today I thought a red herring was a bird
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I think you were thinking of a Heron (bird) Never mind, the world won't come to an end, (well not just yet and not over a fish/bird.
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