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Regardless of the perceived academic transgressions in hacked e-mails, serious consideration is a priority for climate change. The 192 countries in Copenhagen have their own priorities, agendas and liaisons, and consensus on a firm agreement is a bridge too far.
The prospect of global warming does not provide too many "suck it and see scenarios".
ETS shortfalls
ETS is an easy route for politicians, supported by industry and the finance sector lobby. Being market driven however, carbon prices will rise and fall. This was evident in China, the EU and more recently here in Australia.
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There are alternatives and these will start with individual nations and co-operative effort to make the first step.
The reality is more likely to be carbon prices varying from country to country as opportunities rise and fall for an ETS industry geared for continual increases.
What single solution will receive the support of a range of 192 nations with varying priorities, policies, economies, and levels of perceived urgency given the time-frame?
What comes first - political expediency, individual egos, the planet or the wallet?
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