Australian Politics Forum - Australia's Intergenerational Ecological Debt

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Australia's Intergenerational Ecological Debt
Nov 6^th, 2015 at 9:28pm

World's pledges to cut carbon emissions not enough to halt global warming, UN warns

http://www.abc.net.au/news/2015-11-06/national-pledges-not-enough-to-halt-global...

Since everything is on the table with this tax debate occurring with the turnbull mob, what of ecological debt.
It's illogical to not include this in the debate since it has the potential to cripple our economy and drive us back into third world status.

How are we to finance Australia's intergenerational ecological debt?

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LifeOrDeath Gold Member Offline Australian Politics Posts: 1548	Re: Australia's Intergenerational Ecological Debt Reply #1 - Nov 6^th, 2015 at 9:29pm Global warming went out a couple years ago you are on climate change now.
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Maqqa Gold Member Offline 14% - that low?! Posts: 16000	Re: Australia's Intergenerational Ecological Debt Reply #2 - Nov 6^th, 2015 at 9:32pm Stupid cavemen and cavewomen who left us all an ecological debt Or for the Christians - blame Adam and Eve Or for the homosexuals - blame Adam and Steve Or for the Muslims - blame the anyone who is not Muslim
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innocentbystander. Gold Member Offline Australian Politics Posts: 4723 Gender:	Re: Australia's Intergenerational Ecological Debt Reply #3 - Nov 6^th, 2015 at 9:33pm LifeOrDeath wrote on Nov 6^th, 2015 at 9:29pm: Global warming went out a couple years ago you are on climate change now. And soon to be ocean acidification
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____ Gold Member Offline Australian Politics Posts: 33410 Australia Gender:	Re: Australia's Intergenerational Ecological Debt Reply #4 - Nov 6^th, 2015 at 9:36pm Sharing Mariacosta's post today on another thread. Quote: The debating deflection is the battlefield equivalent of the surrender. This thread is on how Australia is to handle our ecological debt. If you can't stay on topic, you are admitting defeat.
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Maqqa Gold Member Offline 14% - that low?! Posts: 16000	Re: Australia's Intergenerational Ecological Debt Reply #5 - Nov 6^th, 2015 at 9:41pm I blame Adam and Steve
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Re: Australia's Intergenerational Ecological Debt
Reply #6 - Nov 6^th, 2015 at 9:45pm

Two of Australia’s biggest banks have committed to an array of climate change initiatives in a bid to bolster their credentials in the area ahead of international negotiations in Paris next month.

The Commonwealth Bank and National Australia Bank today separately released updated environmental policies in support of international efforts to hold global warming to two degrees Celsius above pre-industrial levels.

CBA said as a financial institution it played a role in supporting the transition to a low carbon economy and would seek opportunities to lend to and invest in innovative technology and business which decrease fossil fuel dependence.

“We know that our decisions can have direct and indirect impacts on the environment,” CBA chairman David Turner said. “Our objective is to ensure that we meet our responsibility to both safeguard the environment and support economic growth and development.”

http://www.theaustralian.com.au/business/financial-services/cba-nab-commit-to-cl...

Our big end of town knows their survival is linked with keeping climate change in check. If we don't then the economy will collapse.

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LifeOrDeath Gold Member Offline Australian Politics Posts: 1548	Re: Australia's Intergenerational Ecological Debt Reply #7 - Nov 6^th, 2015 at 9:50pm innocentbystander. wrote on Nov 6^th, 2015 at 9:33pm: LifeOrDeath wrote on Nov 6^th, 2015 at 9:29pm: Global warming went out a couple years ago you are on climate change now. And soon to be ocean acidification Is that the latest is it ?
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Maqqa Gold Member Offline 14% - that low?! Posts: 16000	Re: Australia's Intergenerational Ecological Debt Reply #8 - Nov 6^th, 2015 at 9:52pm Australia emits about 0.5% of total human emission CBA and NAB emits how much of this 0.5%?? I still blame Adam and Steve
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Re: Australia's Intergenerational Ecological Debt
Reply #9 - Nov 6^th, 2015 at 10:15pm

If every country lived like Australia we would require the resources of planet earth times four.
We are collecting massive ecological debt. We are heading towards ecological bankruptcy.

Ecological bankruptcy = financial disaster.
To ignore or to belittle ecological debt is to show lack of understanding of basic economics.

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lee

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Re: Australia's Intergenerational Ecological Debt
Reply #10 - Nov 6^th, 2015 at 10:23pm

____ wrote on Nov 6^th, 2015 at 9:45pm:

Two of Australia’s biggest banks have committed to an array of climate change initiatives in a bid to bolster their credentials in the area ahead of international negotiations in Paris next month.

Yes, lending for renewables is profitable, while the subsidies last.

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LifeOrDeath Gold Member Offline Australian Politics Posts: 1548	Re: Australia's Intergenerational Ecological Debt Reply #11 - Nov 6^th, 2015 at 10:23pm What a load of bollocks, only from the green thing.
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Re: Australia's Intergenerational Ecological Debt
Reply #12 - Nov 6^th, 2015 at 10:32pm

lee wrote on Nov 6^th, 2015 at 10:23pm:

____ wrote on Nov 6^th, 2015 at 9:45pm:

Two of Australia’s biggest banks have committed to an array of climate change initiatives in a bid to bolster their credentials in the area ahead of international negotiations in Paris next month.

Yes, lending for renewables is profitable, while the subsidies last.

Subsidies lead to economy of scale and so lower cost of green energy compared to the fossil fuel options ... and without the fossil fuel ecological debt mounting up.

Less ecological debt means better business conditions for the banks in the future.

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Re: Australia's Intergenerational Ecological Debt
Reply #13 - Nov 6^th, 2015 at 10:35pm

LifeOrDeath wrote on Nov 6^th, 2015 at 10:23pm:

What a load of bollocks, only from the green thing.

Considering the amount of people and the sum of money tied up in super. Saving the economy from collapse due to ecological debt, it's in everyone's interest to face the mounting ecological debt head on.

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lee

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Re: Australia's Intergenerational Ecological Debt
Reply #14 - Nov 6^th, 2015 at 10:35pm

____ wrote on Nov 6^th, 2015 at 10:32pm:

Subsidies lead to economy of scale and so lower cost of green energy compared to the fossil fuel options ... and without the fossil fuel ecological debt mounting up.

Less ecological debt means better business conditions for the banks in the future.

And you have been saying that renewable energy didn't need subsidies. Hypocritical what?

Better conditions for banks aka follow the money.

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