Wednesday, March 24, 2021

Climate Change: What the world will see

At the moment the Climate Change Commission is collecting submissions on its advice to the government on our first long-term emissions budgets. These are supposed to result in emissions reducing, but as Lawyers for Climate Action has explained, the Commission is using scam accounting, cooking the books to produce reductions when really there are none. But every year we are required to produce an Inventory Report for the UNFCCC, using proper, internationally-accepted accounting methods. And this is what the world is going to see:


Pretty obviously, that's not a reduction. And in a world where major markets are starting to impose border carbon adjustments and punish climate criminals, it is likely to have unpleasant consequences.