Every Cloud...

 
 

Seems like there’s a bright spot in the clouds that had been forming over next month’s Copenhagen climate summit, with the Australian government apparently having struck a deal with the opposition over a revised carbon trading scheme aimed at reducing the country’s emissions.

As this Reuters blog analysis points out, there’s a lot at stake over this issue for Prime Minister Kevin Rudd, who has tried to stake out a position as a transformative leader:

‘For Rudd, this week’s vote on the ETS is more than just domestic politics, this is something with global ramifications. And for a man seeking to burnish his internationalist image, this makes it personal.’

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The debate in Australia will be being closely watched in the United States, which itself is apparently ready to propose an emissions target ahead of Copenhagen.

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