Australian politician and mining magnate, Clive Palmer, whose Palmer United Party (PUP) helped repeal both the Carbon tax and the emissions trading systems, will host an unofficial climate change summit at his coastal resort one day after the G20 summit in Brisbane, Queensland. He has invited world leaders from the G20 meeting and climate change experts.
The PUP holds the balance of power in Australia's Senate. He argues that both systems handicap the country's mining and other industries, and that Australia should not activate such a scheme until specific trading partners take similar action.
Australia is one of the world's biggest carbon emitters on a per capita basis and abandoning plans for the trading scheme is described by its supporters a major setback for global CO2 trading. Attendance at his unofficial summit is likely to be confined to world leaders who share his views.
Date written/update: 2014-09-06