Beneath the virus lurks a bigger emergency, but the world is distracted from the climate threat

Beneath the virus lurks a bigger emergency, but the world is distracted from the climate threat

What did our battered old planet do to bring this run of wretchedly bad luck? Just before the 2008 Wall Street disaster, Washington was about to force emitters to pay for the privilege of dumping carbon waste in the upper atmosphere. Congress approved a cap and trade scheme so its economy could trade its way to a low carbon future. In a similar spirit the Rudd government was legislating its own carbon trading model.

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