Search Results: renewables
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ENVIRONMENT
- Greg Foyster
- 26 August 2016
8 Comments
On 7 July, South Australia experienced a cold snap. As residents turned on their heaters, the still and cloudy conditions meant wind and solar power couldn't contribute much to meeting electricity demand. The last coal plant had closed a few months before, pushed out of the market by renewable energy. As if on cue, the spot electricity price spiked. Instead of a lesson about the danger of too much wind power, it's about the danger of too much market power in the hands of a few big players.
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ENVIRONMENT
- Greg Foyster
- 03 August 2016
6 Comments
The neoliberal right is losing political power to the populist right, which isn't filled with the same ideological zeal for free-market capitalism. Suddenly debates can expand beyond the narrow confines of economic growth. Moral and social arguments won't be relegated to the intellectual fringes anymore. Mainstream parties of the left and right, both of which bought into the neoliberal agenda, will have to break their bipartisan dismissal of discontent with the side effects of globalisation.
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ENVIRONMENT
- Thea Ormerod
- 21 June 2016
4 Comments
An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.
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ECONOMICS
There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.
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ENVIRONMENT
It was as if Australian politics had regressed four years overnight. No sooner had Labor released its new climate change plan than the Coalition was resuscitating Tony Abbott's 'carbon tax' line. The Coalition's attempt to revive the defining debate of the 2013 federal election won't work. As other commentators have noted, Labor's plan has been carefully crafted to avoid the carbon tax sledge. More importantly, external factors have changed to make a scare campaign less potent.
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AUSTRALIA
- Osmond Chiu
- 18 March 2016
9 Comments
While Turnbull may be ahead as preferred prime minister, the Coalition has yet to demonstrate the principle of fairness that is deeply held and widely felt across the electorate. Labor's narrative needs to be not only that it is the party best equipped to deal with the challenges we face, but is the only party that can ensure any changes will be just and equitable. A plan for the future that is both convincing and seen as fair may end up being the difference between being in government and opposition.
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AUSTRALIA
- Tony Kevin
- 13 January 2016
5 Comments
Now is an exciting moment for Australia, after all the low points of the past two years. We can look forward to a real return to greater civil discourse and intellectual integrity in politics. It will be good if the parties can set aside the negative energy that was brought to the Parliament and return to an informed contest of ideas, for there is much to debate.
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ENVIRONMENT
- Fatima Measham
- 18 December 2015
5 Comments
It has been an exercise in managing optimism and reality in the week after the Paris Agreement on climate change. One thing that can be certain is that COP21 is pivotal in terms of the model it offers for solutions to global problems. The Paris summit departed from a top-down approach, enabling the 43-member Climate Vulnerable Forum, led by current country-chair the Philippines, to work persuasively. 'We were more united,' says Tony La Viña, dean of the Ateneo School of Government in Manila.
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ENVIRONMENT
- Fatima Measham
- 11 November 2015
6 Comments
The UN Climate Change Conference in Paris is set to become the last opportunity for meaningful global action. The signs so far bear optimism, as the impetus for a binding international agreement to tackle the severity and effects of climate change has taken a turn. In order to better understand why, and appreciate the difference that a few years can make, it is worth revisiting why Copenhagen was such a disaster. The most meaningful difference between then and now involves leaders.
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AUSTRALIA
- Tony Kevin
- 16 September 2015
14 Comments
Now is an exciting moment for Australia, after all the low points of the past two years. We can look forward to a real return to greater civil discourse and intellectual integrity in politics. It will be good if the parties can set aside the negative energy that was brought to the Parliament and return to an informed contest of ideas, for there is much to debate.
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AUSTRALIA
- Fatima Measham
- 24 August 2015
10 Comments
The epithets used against environment groups have been extraordinary after a judge of the Federal Court set aside Environment Minister Greg Hunt's approval of the Adani thermal coal mine. Perhaps legislation has always been an instrument for ideological agendas, but the compulsion and ease with which the Coalition has taken to the law to restrict scrutiny doesn't bode well for us.
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AUSTRALIA
- Michael Mullins
- 01 June 2015
3 Comments
The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.
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