Obama looks on in horror.
Via The Australian:
FEDERAL cabinet has ruled that Australia will not sign up to any new contributions, taxes or charges at this week’s global summit on climate change, in a significant toughening of its stance as it plans to move within days to repeal the carbon tax.
Cabinet ministers have decided to reject any measures of “socialism masquerading as environmentalism” after meeting last week to consider a submission on the position the government would take to the Warsaw conference.
A further document was produced after the meeting that outlines the government’s position.
The Australian has seen part of the document and it declares that, while Australia will remain “a good international citizen” and remains “committed to achieving the 5 per cent reduction” by 2020 of the 2000 levels of emissions, it will not sign up to any new agreement that involves spending money or levying taxes.
This rules out Australia playing any role in a wealth transfer from rich countries to developing nations to pay them to decrease their carbon emissions.