From the AFR come the loon pond on Paris:
Liberal MP Craig Kelly has dismissed the agreement as a “farce” while West Australian MP Dennis Jensen, instrumental in the February attempt at a leadership spill, said any change to more ambitious climate policy would break a promise.
…Speculation that Australia would allow the use of international emissions reduction credits to meet local targets has been growing over the past year, and heightened when Ms Bishop signed Australia up to a “Paris Ministerial Declaration on Carbon Markets” last week which provided clearer rules around the trading of international carbon credits after 2020 when a Paris agreement would come into effect.
Mr Hunt then said the need to reconsider target in 2020 as part of the landmark agreement means Australia would need to turn to international emissions reduction units, as recommended by the Climate Change Authority.
“We will come back in 2020 and the nations will be expected to reconsider our targets.
But, but, but, that’s carbon pricing!
