As the release of a much-anticipated Treasury analysis of the economic effects of various emissions trajectories draws tantalisingly close, Treasurer Wayne Swan and Climate Change Minister Penny Wong on Friday released details of the underpinning assumptions.
Professor Ross Garnaut this morning handed to Prime Minister Kevin Rudd an all-embracing set of policy proposals to combat climate change. Garnaut warned that a failure by this generation to deal with climate change 'would haunt humanity until the end of time'.
Australia is likely to have its first commercial-scale cleaner coal power plant fitted with carbon capture and storage technology by 2025, according to National Generators Forum chief John Boshier.