KEVIN Rudd was right to ditch, or at least postpone for a lengthy period, the emissions trading scheme. Meanwhile Tony Abbott has made an important and strangely unreported speech, setting out his policy on immigration, which is almost as important, strategically, as the Prime Minister's position on the ETS.
The Opposition Leader's speech does as much good for the nation as Rudd's position on the ETS. Both, I believe, have been misinterpreted.
Rudd has said all along that under his leadership Australia would do no more and no less than the rest of the world in combating climate change. In an interview with me in 2008, Rudd said he thought any international deal would be extremely difficult to achieve. He also made it explicitly clear that his government's approach would involve flexibility. If the global consensus was for more aggressive action, Australia would be more ambitious. If the global consensus was for slow action, Australia would similarly adjust.