PREDICTIONS for the planet are dire indeed, if we do not drastically cut our carbon dioxide emissions in the very near future.
In Australia, we will lose the Barrier Reef and the Kakadu wetlands, the Murray River will dry up completely and snow vanish from our Alpine regions. Sea level could rise precipitously as the great ice sheets of Greenland and the Antarctic melt.
On the economic front, things have actually gone from bad to worse. The sub-prime crisis has morphed into fears of a global recession, perhaps even a depression. Bastions of United States capitalism such as General Motors now teeter on the brink of bankruptcy. Here in Australia, companies that run child-care centres and shopping malls are collapsing. Even our iron ore shipments are now being cancelled by China. The world price of oil has plummeted 60 percent in just a few months – the reason is an anticipated reduction in global demand.
[Read more…] about A Depression Would Reduce Carbon Emissions



Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.