2011 ETS review

In which expert advisory work from the PCE illustrates why the ETS in its present form risks a massive lignite subsidy, and Tim Groser — quite rightly — observes that this would be “ridiculous” and “incoherent”

December brought more proof the emissions trading scheme is broken, in the opinion of the Parliamentary Commissioner for the Environment; also, some interesting remarks from Climate Change Negotiations Minister Tim Groser who, presumably unintentionally, expressed the same view.