$1.4bn to soften pain of carbon trading scheme | The Australian

THE Rudd Government hopes to soften the blow of its emissions trading scheme with a $1.4 billion compensation package over five years that will assist businesses and community organisations to invest in energy-efficiency projects and low- emission technologies.

Kevin Rudd will unveil the carbon pollution reduction scheme in Canberra today, committing Australia to cuts in greenhouse gas emissions of between 5 and 25 per cent by 2020.

The exact size of the cuts will depend on the outcome of international negotiations and success in persuading big-polluting developing nations, such as China and India, to sign up to a global agreement.
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The $4.5 million Windorah solar farm's five dishes worked together for the first time last week. It will soon power the town - population 100 - all day, cutting its reliance on diesel by 100,000 litres per year, or 300 tonnes of greenhouse gases.

If you can buy questionable carbon offsets for about $3 per ton, why would you spend $4.5 million for a solar farm that produces a bogus global warming benefit of $1000 per year?