Nov 8, 2012

Little hope in Obama for climate action in this economy

After winning four more years, Barack Obama again represents hope for a global carbon pricing scheme. Just don't count on it until the economy is much healthier.

Even before the 2008 US presidential election had concluded it seemed the US had turned the corner from the dark days of George W Bush on climate change issues.

On one side you had John McCain who was not just in favour of pricing carbon, he’d actually co-drafted and introduced emissions cap and trade legislation into the Senate (the McCain-Lieberman Bill). On the other, Barack Obama, a man who seemed tailor-made to take on great challenges like radically transforming our energy system. The US turning the corner seemed part of a broader, inevitable transformation in climate change policy that was also occurring in Australia.

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One thought on “Little hope in Obama for climate action in this economy

  1. Hamis Hill

    There has to come a Tipping Point, a paradigm shift where commentators stop describing dealing with Climate Change as a cost to the economy and start describing the necessary action as an opportunity and benefit for the economy.
    Even Abbott’s plant a billion trees policy has to be reagrded as a benefit and not a cost.
    End the negativity and embrace the change.

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