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Australia says global warming pact pointless without India and China mongabay.com November 1, 2006 "There's no point in Australia meeting its emissions target if you're going to have major emitters such as China and India, which are increasing every year their emissions by more than the total of Australia's," said Australia's Treasurer Peter Costello. Costello dismissed the new report from the British government warning of server economic consequences of greenhouse gas emissions are not curtailed. "It will be a significant challenge over the course of this century. But it's not on a scale of unprecedented challenges," he said. Costello added that Australia was on already track to reduce its emissions.
The BBC reports that Australian Labor Party leader Kim Beazley, said that he would sign the Kyoto agreement should he come to power in the next round of elections. RELATED Australian industry embraces green energy while government fights emissions cuts Despite Australia's resistance to limiting carbon dioxide emissions through the Kyoto Protocol, Australian industry and entrepreneurs are working on novel ways to reduce dependence on traditional fossil fuels. Australia's vast uninhabited and sun-drenched interior is could be an ideal site for the industrial-scale development of solar technology which could then sold or licensed to other countries. This article uses quotes and information from BBC News and previous mongabay.com articles. Recommend this article? Comments? >Digg this article | >Hugg this article | Contact News options SHARE THIS ARTICLE:
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