In an early morning session on Thursday the Minister for Climate Change and Energy Efficiency, Greg Combet, addressed the Four degrees or more? conference and spoke on the scientific imperatives driving the Government to price carbon and outlined the Government's carbon pricing policy and addressed some of the consequences of that policy for science and innovation.
Despite the policy failing to match the emissions reductions that are needed to close the Global Emissions Gap to limit temperatures to 1.5 to 2 degrees Celsius of global warming, most of those present saw the policy as necessary first steps and were impressed with the multifaceted comprehensive features which will help to decarbonise the economy and drive innovation towards clean energy to adapt to the impacts of climate change.
Here is a transcript of his full speech.