update from COAG

Unsurprisingly news from COAG (in this morning’s Age)

Premiers, PM fail to agree on climate
Mr Howard rejected a proposal by the states to set up a national carbon emissions trading scheme by 2010, with a target of cutting emissions to 60 per cent of 2000 levels by 2050.

Despite the impasse, Prime Minister John Howard described the meeting as “successful”, but that view was in sharp contrast to that of Victoria’s Premier Steve Bracks. “It could have been a great day, but it wasn’t,” Mr Bracks said at a news conference after the meeting had concluded. Mr Bracks said the meeting had achieved “about 8.1 of the 10-point plan” for national reform. “Today was a good day but not a great day in terms of the opportunities to put in place a national carbon-trading scheme.”