Australian Financial Review clippings

The Fin is, as far as I can see, the only paper giving detailed serious coverage on the negotiations/bun-fights around the Multi-Party Climate Change Committee.

Here’s snippets from Marcus Priest’s story in today’s paper
Crossbench push for solar

The Greens and key NSW independents have backed a push for a new national scheme to support the solar industry, amid criticism of the Productivity Commission’s findings about the expense of solar panels….

Bob Brown rejected a report that the government and Greens were close to a deal “We have very real hurdles in the negotiation process.” The AFR says “It is understood a deal is not expected for at least a fortnight….

A report by consultants Connection Research and financial analysts SuperRatings has found that most ASX100 companies would comfortably be able to absorb a $20 carbon tax, even without compensation.

Info from Australian Financial Review

The “Australian Financial Review” is by far the least-worst newspaper in Australia. Here is the info I picked up from today’s edition.

Treasurer Wayne Swan is talking at the National Press Club on Tuesday 7th June. He will unveil new Treasury modelling that purports to show a carbon price will result in three times as much low-emissions (yeah, sort of) gas-fired electricity generation… by 2050. No, no rush, is there.

The climate change subcommittee of federal cabinet meeting weekly. To full cabinet in next couple of weeks for final negotiating position to got to Multi-Party Climate Change Committee.

A Department of Climate Change report has been released that nationally between 27 and 35 thousand kilometres of roads and rail are at risk from flooding and shoreline erosion. Queensland and Western Australia in the firing line.

Oh, and China admits environment “very grave”
Ian Johnson (NYT)
China’s three decades of rapid economic growth have left it with a “very grave” environmental situation even as it tries to move away from a strategy of development at all costs.