Australian economists call on government to sign Kyoto

Australian economists call on government to sign Kyoto

Australian economists call on government to sign Kyoto

Posted 28 May 2007, 13:06 AEST

University economists from around Australia have called on the federal government to sign the Kyoto protocol.

In a statement, 270 economists say Australia can address the serious effects of climate change by reducing carbon emissions.

The economists believe the changes can be implemented without negative consequences for incomes or employment.

Australia and the United States are the only two western nations that have not ratified the protocol.

Professor Glenn Withers from the Australian National University says the climate change study released by the British Government, known as the Stern report underlines the economic impact of failing to act on global warming.

"Over 70 university professors did put this forward about four years ago to the government but it just disappeared and didn't seem to make much impact," Professor Withers said.

"Stern has drawn attention to theses issues again, given it a lot of public credibility and we thought it was very worthwhile for Australian economists to reinforce that message".