Good news, Senate stops ETS

We just dodged a bullet:

THE Coalition, the Greens and the two crossbench senators have joined forces to block the Government’s emissions trading scheme in the Senate. The 11 Carbon Pollution Reduction Scheme bills were voted down just after 11:15.

The bills will be re-introduced in November. If they are defeated then, the Government will have the trigger for a double dissolution climate-change election.

Climate Change Minister Penny Wong said shortly before the vote that the government still hoped to have the emissions trading scheme in place before the UN Conference on Climate Change in Copenhagen in December….

I still expect the legislation to be eventually passed even if it takes a double dissolution to do it. The effect it will have on climate- Nil. The effect it will have on our economy- Disaster.

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