Well the Australian government has called game on in the carbon reduction game by setting a target of 80% reduction in emissions by 2050. With population set to double this is effectively saying we are going to reduce emissions per head to negligible. Personally I think it is socialist rhetoric rather that a real plan but it is backed up by a carbon tax and wealth redistribution to minimise the impact on the most vulnerable.
http://www.smh.com.au/environment/cl...710-1h90m.html
This will be a test of wills between a public who have had enough of rising living costs and a government with an alarming reformist agenda. It is not often a government sets out to drive industry offshore but with the impacts falling squarely on the power and gas industries rising prices will force alumina, refining, paper and any number of energy intensive industries offshore even if it is suggested they are protected. It places the generating capacity of the state of Victoria in jeopardy with no plans to develop a replacement other than a vague reference to renewables.
And all of this the help out those who will not help themselves, the northern hemisphere polluters in America and China who have created the problem and do nothing to fix it.