Stiglitz: Global #carbonpricing with cross-border tariffs needed to fight #climate change – @takvera

Nobel award winning economist Joseph Stiglitz has raised the prospect of a global carbon tax lead by a ‘coalition of the willing’, with cross border taxes on goods from non-participating countries, as one strong measure to transition the planet to low emissions and fight climate change. Speaking at the plenary of the Our Common Future Conference on climate science in Paris on Friday he outlined that carbon trading and the national voluntary target approach through the UNFCCC process, like we are seeing in current COP21 negotiations, have essentially failed. According to projections by Climate Action Tracker, we are still on track for 3 to 4 degrees Celsius of warming this […]

The conservatives are back in charge, @DrCraigEmerson comments on brutal #budget2014

  If ever there were any doubts about the difference in values between conservative and progressive Australian governments they were laid to rest by the Abbott Government’s first Budget. It was the pernicious embodiment of conservative philosophy: treat the poor and vulnerable as malingerers while going easy on wealthy backers; and, in order to maintain their view of the natural order of society, deny opportunity to the disadvantaged who cannot improve their life chances without some government support. Increasing the eligibility age for the pension is targeted directly at the most vulnerable. Life expectancy has increased over recent decades, but overwhelmingly it’s been for the better off. Wealthy Australians can […]