Why Emissions Law Should Be Scrapped

Commentary, Environment, Owen McShane

However, the most powerful argument for repealing the Emissions Trading Act is that it was passed by a reluctant, divided and narrow majority in the dying days of Parliament in a manner that was undemocratic, failed to address the national interest, and in breach of longstanding constitutional conventions.

Double-Bubble, and Oil, and Trouble

Commentary, Energy, Owen McShane

If there is anything to be learned from the recent string of bubbles, it may be that surplus investment capital, now floating round the world in cyberspace, is always looking for a speculative home and that as one bubble bursts, the fund managers desperately seek out a replacement. Will we see a gathering flock to carbon trading, windmills, biofuels and other renewables driven largely by the legislators?