"I think that the science is far from settled but on the insurance principle you are prepared to take reasonable precautions against significant potential risks, and that's I think why it makes sense to have an ETS," he said.
"But it's got to be the right one not one that destroys Australian jobs and damages Australian industries."
I can't quite understand how Tony Abbott thinks the ETS is insurance against anything - it won't the change climate one bit. It's like an insurance policy with very hefty premiums, but absolutely no cover whatsoever. You may as well burn your money instead.
Read it here.
3 comments:
Abbott and many in the Liberal Party are just plain scared of taking a position. The events of the last week as Briffa demolition mark 2 unfolded must surely have left them wondering how well placed they would now be if they had taken a stronger position. It's too late now for Malcolm to say I told you so. Sometimes a quid each way just doubles the waste.
In the USA, we have a group of Chicago machine politicians telling the insurance industry they are dishonest, and need the good ol' Chicago boys and girls to tell them how to be honest.
Political hacks do not understand insurance, risk, honesty, or coverage.
Id there any hope of your derailing the ETS completely?
Political insurance, I suspect.
I'm curious as to what the general public's opinion on climate change and the ETS is. From what I gather nobody cared enough 2 years ago for it to factor into their voting. Although the greens got a boost, that might have been related.
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