@ Shams.
Firstly, what caused the Bali signing was the Minister from Papua New Guinea telling the USA delegation that if they were not prepared to lead they should "get out of the way." Half an hour later the US delegation came back and agreed to sign.
Secondly, the Bali agreement commits no nation to targets at all. Furthermore, it doesn't even acknowledge that countries like India and China should have targets. It is, for all intensive purposes, an agreement to find an agreement. In other words, it will make NO DIFFERENCE to global emissions levels AT ALL.
Thirdly, exactly what financial damage are you accusing the government that cleared $90 billion dollars in Labor-generated government debt and presided over the longest period of growth and lowest interest rates in history of causing?
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