Search Results: emissions trading

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  • ENVIRONMENT

    Bitcoin has a massive energy problem

    • Greg Foyster
    • 18 January 2018
    1 Comment

    The digital currency Bitcoin consumes more electricity per year than New Zealand. Yes, the entire country. Escalating energy intensity is actually a security feature of the currency. With the related carbon dioxide emissions from this escalating electricity consumption, Bitcoin is a formula for climate change catastrophe.

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  • ENVIRONMENT

    Finkel and the climate theatre of the absurd

    • Greg Foyster
    • 21 June 2017
    6 Comments

    If politics is theatre, climate politics is a family drama. For the last decade we've watched two rival households having the same endless argument. Political journos call it the 'climate wars' and mostly focus on the lead actors standing in the spotlight - in the Western narrative tradition, characters drive events. Almost no one has noticed the scenery change. Stagehands dismantled the backdrop years ago, but politicians have carried on as if the same circumstances existed when they started this charade.

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  • ECONOMICS

    How financial markets are stymying climate action

    • David James
    • 14 June 2016
    7 Comments

    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

    Five reasons the LNP's carbon scare campaign is doomed

    • Greg Foyster
    • 02 May 2016
    6 Comments

    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

    Malcolm Turnbull's confidence trick

    • Tim Robertson
    • 24 November 2015
    17 Comments

    The vitriol with which much of the liberal mainstream media responded to Tony Abbott's Margaret Thatcher memorial speech last month confirmed what many rightwingers have been claiming: that Abbott's problem was not his policies, but his inability to sell them. As communicators, he and Turnbull are poles apart. To date, the most striking achievement of the Malcolm Turnbull confidence trick is that he's rewarded for his apparent progressivism, even when he speaks explicitly against it.

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  • AUSTRALIA

    Goodbye to not-so-great Uncle Joe

    • Moira Rayner
    • 21 October 2015
    17 Comments

    So many chances, so many slips. After building a reputation as a good guy politician on Sunrise with his 'good mate' Kevin Rudd, he blew it by rescuing Rudd from drowning in a flooded river on their well-publicised Kokoda Trail expedition in 2006. Kevin 07 went on to prove he could win an election but not run a government. In memory of the kindly smiling television entertainer Hockey once was, let us hope his diplomatic success will turn on his need to be liked, not his native political acuity.

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  • AUSTRALIA

    Will new Greens leader Di Natale do a Pope Francis?

    • Michael Mullins
    • 10 May 2015
    9 Comments

    The Greens' leadership transition is seen as a switch from hard-line ideology to political pragmatism. Previous Greens leaders have been fond of judgmental rhetoric, somewhat foolishly referring to those in the high-level carbon emitting legacy industries as 'polluters'. Perhaps Richard Di Natale will give such counter-productive personal abuse a rest. Showing mercy to the polluters' may yield surprising turnarounds such as AGL's recent moves from coal to solar energy.

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  • AUSTRALIA

    Jacqui Lambie and wildcard senators are not rogues

    • Tony Kevin
    • 24 November 2014
    22 Comments

    Jacqui Lambie has resigned from the Palmer United Party, apologising to the nation for weeks of acrimonious sniping and instability in parliament. We can understand the hostility of the major parties, and even the Greens, to independent and PUP senators who took office mid-year. But it is not in their self-interest to try to exploit differences and to weaken and destabilise the newbie senators.

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  • ENVIRONMENT

    Coal hard facts for religious investors

    • Neil Ormerod
    • 10 February 2014
    12 Comments

    The international movement to divest from investment in fossil fuels is gathering momentum. Investors are starting to realise that as governments act to restrain fossil fuel consumption, fossil fuel companies will find their assets being written down. This is particularly pertinent to Australia, the second largest coal exporter. And it raises questions for Australian religious bodies about the prudent and moral use of their resources.

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  • AUSTRALIA

    A legal tax rort is still a rort

    • Michael Mullins
    • 21 July 2013
    11 Comments

    The salary packaging and car manufacturing industries resented not being consulted about changes to fringe benefits tax rules. But as treasurer Chris Bowen said when he shrugged off the criticism: 'This is a matter of the integrity of the tax system.' A tax system that makes compromises with sectional interests is by definition corrupt and turning its back on the common good that it has been set up to serve.

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  • AUSTRALIA

    The alchemy of Australia's personality politics

    • Fatima Measham
    • 14 July 2013
    9 Comments

    Voters find it difficult to buy ideas wholesale when they don't make sense in retail. Imagine a voter who would like to see the Labor Party build on reforms in education and health but cannot abide its policy on asylum seekers. This is where the focus on personalities actually matters. Much of the dissatisfaction with leaders ultimately rests on a public assessment of the way policies are prosecuted.

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  • AUSTRALIA

    Rudd's shifting moral high ground

    • Michael Mullins
    • 30 June 2013
    22 Comments

    Kevin Rudd told colleagues during the week that he would not 'lurch to the left' on asylum seekers. Foreign minister Bob Carr was on message when he said there's been a change and most boat arrivals are now economic migrants rather than genuine asylum seekers. He is boldly asserting that the Rudd Government's moral credentials are intact by framing boat arrivals as a law and order matter and not a moral issue.

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