Climate action must proceed: UK, China
http://news.smh.com.au/national/climate-action-must-proceed-uk-china-20081030-5c4t.html
Britain and China warn that countries must not let the global financial crisis delay action to tackle climate change.
The Rudd government maintains that the current financial turmoil won't stop its plans for an emissions trading scheme (ETS).
On Thursday, it released Treasury modelling showing it would have only minimal impact on economic growth.
In a policy paper released Wednesday, Beijing confirmed fighting climate change remained a top priority but this would be difficult because of its dependence on coal.
Chinese ambassador Zhang Junsai says co-operation between Australia and China on clean coal technology is crucial.
"Australia is the biggest coal producer of coal exports and China is the biggest coal ... consumer," he told an Australian Strategic Policy Institute luncheon.
"We need to develop this kind of clean coal technology to reduce emissions."
A Chinese government minister will be visiting Australia next week for another round of ministerial level talks on climate change.
Mr Zhang said all countries needed to be ready to work to combat climate change.
"I hope the importance of dealing with this climate change will not be overshadowed by the global financial crisis," he said.
British High Commissioner Helen Liddell echoed the view that action on climate change shouldn't be sacrificed because countries were having economic difficulties.
"The present financial turmoil will pass," she told ABC Radio.
"We have been through this before. Perhaps in not such a dramatic way but we have been through it before.
"(But) the issues of climate change are with us for centuries into the future and really the prize will lie with those who take leadership."
Ms Liddell said there were opportunities for those industries willing to seize the initiative.
"We can either see this as an opportunity to stick our heads in the sand and hope that the turmoil goes away, that climate change goes away, or we can say here is the chance for a new industrial revolution," she said.
"Here is a chance to regenerate our economies in a more carbon neutral way and the companies that seize the opportunity have great benefits to them."
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