Lost among the bustle of yesterday’s continuing Palmer sideshow, otherwise known as federal parliament, was proof that the miner’s alternative emissions trading scheme is a sham.
The ETS was brandished by Palmer last month as proof of his Damascene conversion to the need for climate action and the merits of carbon pricing.
In reality its purpose was little more than to greenwash Palmer’s coal-blackened hands and mitigate observers’ queasiness that Al Gore had been compromised into apparently sanctioning the miner’s vow to scrap the existing carbon-pricing scheme.
At the time Palmer placed caveats on what has been described as his “dormant” ETS to ensure it did not activate before Australia’s key trading partners had their own schemes in place. This was ostensibly to protect our exports from being disadvantaged by having to incorporate a carbon price when our competitors’ products did not carry a similar impost.