Obama on climate change on the 7:30 Report
Barrack Obama was on the 7:30 Report last night and he said a few interesting things.
On the need to move to a low-carbon economy:
“[What] I would say to the world is that if we focus our attention, our ingenuity, our innovative capacity on transforming from a fossil fuel based economy to a clean energy based economy then potentially we can not only solve the problem of climate change but unleash an enormous amount of economic growth for the future.”
On the need for a price on carbon:
“I am absolutely convinced you have to put a price on carbon of some sort, so there are a number of ways of doing that, you could do a carbon tax, you can do a cap and trade system which is what originally I had suggested, very similar to the program that Kevin Rudd has proposed, but the key is to change incentives for the market place, where we are actually pricing these pollutants that are going into our atmosphere, if a price is placed on them, if industry has to take them into account then we can count on the market place responding effectively.”
He’s right. Literally bang on the money. So nice to have an American leader who can talk in sentences and make sense at the same time.