Today the Australian government ratified the Paris Agreement:
“The Australian government has determined that ratifying the Paris agreement is in our national interests and will provide great opportunities for Australian businesses,” Ms Bishop says.
“The global low emissions economy is estimated to be worth around $6 trillion and is growing at some 4-5% per annum. We believe through the use of technology and research and science and innovation, there will be many opportunities for Australian businesses, Australian jobs in a low emissions economy.”
Don’t you just love, “Australian jobs in a low emissions economy” or “green jobs” as they used to be called when Julia Gillard was PM.
The government must be hoping that Donald Trump is very different in office than he was on the campaign trail.
His 100-day action plan for climate and energy includes scrapping Obama’s Climate Action Plan, stopping payments of US tax dollars to UN global warming programs as well as “cancelling” the Paris deal.
Trump is said to have lined up US shale boom pioneer Harold Hamm, chief executive of Continental Resources, for the post of Secretary of Energy. Another global warming sceptic, Myron Ebell, is seen likely to be tasked with the restructuring of the Environmental Protection Agency.
A lot of money that might have been expected to flow into the whole global warming industry is going to be drained out and spent elsewhere.