The science of climate change/global warming is most certainly not settled. In recent months we have had:-
- the revelations of the "climategate" emails
- the very balanced Review Committee of enquiry into the IPCC's alarmist reporting
- the revealed gross exaggeration of the Himalayan glacier melting claims
- the back-off from an extreme alarmist position by the highly respected Royal Society of the UK.
Locally (in Australia) we have had our own Productivity Commission's debunking of the alarmist nature of the Stern Report to the UK Government, chiefly through the use of widely criticised, excessively low, discount factors; and the beautifully expressed paper by David Smith explaining the essential nature and value of carbon to mankind's welfare.
Notwithstanding these developments and the fact that anything Australia does would, in any event, have negligible impact on global atmospheric carbon dioxide levels, we now have the Gillard Government establishing a Committee of "true believers" to determine the best means of putting a price on carbon!
What a strange world we live in.