It is expected that Governor of Texas Rick Perry will announce he will join the Presidential race this Saturday August 13th. As Rick Perry has been a successful Governor of Texas for 11 years, and current President Barack Obama has such low poll ratings, its a good chance that the next President of the United States will be Governor Rick Perry.
Governor Rick Perry is a climate change skeptic.
So how this this affect the Gillards Government proposed Carbon Tax?
The treasury modelling of the carbon tax assumes that the USA and all other developed countries will have a carbon trading scheme in place by 2016. If Governor Rick Perry gets elected in 2012 than means no carbon tax or trading scheme in the USA until well after 2016, and that assumes he is only a one term president. Even if President Barack Obama is re-elected in 2012 he is unlikely to have a majority in the House of Representatives, in fact the Democrats may not even hold a majority in the Senate. That means there is no chance of any legislation passing Congress until after 2014, and more likely nothing will pass unit after 2016.
So where is Australia going to trade for carbon credits? The rock solid reliable Euro-zone?
Australia will be going it alone, while the worlds second biggest emitter of Carbon Dioxide (after China) will have no carbon tax or trading scheme.
Presidential candidate Governor Rick Perry - Climate Change Skeptic
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