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Australia's most politically contentious rock is back in the limelight after Prime Minister Turnbull spruiked 'clean coal' power stations in early February, and Scott Morrison brought a lump of the stuff to parliament. It was a juvenile act, but an effective one: here we are again, still talking about coal weeks later, when the real energy policy battle is over gas. But that's how it goes - a pitch for a new coal-fired power station in Australia is actually a clever exercise in repositioning gas as a greener fuel.
Assad's victory epitomises, in a sense, the reactionary tide prevailing just about everywhere in this, the Year of the Donald. The hopes raised during the Arab Spring have, it seems, been crushed, with the Syrian regime consolidating its grip over a nation it has oppressed for so long. Yet Aleppo also illustrates how little the Right's victories have actually settled. The Right's biggest asset is often the Left, with progressives seemingly determined to validate all the smears levelled against them.
'No matter what the economic, political and legal problems confronted by modern day India, our response can be improved by an application of the key principles and norms developed in the international law of trade and human rights, helping to enunciate the realm of law, regulation and political accountability, enhancing public scrutiny providing the right environment for doing business.' Frank Brennan presents the 25th JRD Tata Oration, Xavier School of Management, Jamshedpur, India, 26 November 2016.
The evangelical Christian vote no doubt assisted the climate-denying Trump to his election victory, yet it is remarkable how out-of-step it is with the general view of faith communities globally. This view was made abundantly clear the day after Trump's victory on 10 November, with the release of an Interfaith Statement in Marrakech, Morocco, and it should stand as a challenge to those in public life who continue to block climate action.
The death-knell was sounding for Hazelwood long before the announced closure last week. The 50 year old power plant is one of the country's oldest and most inefficient, making it extremely vulnerable to the lower electricity price and supply surplus. As the most polluting power plant per unit of energy produced in the industrialised world, many will be glad to see the power station go. But its closure also flags a rising dilemma, over who bears the cost of the transition to clean energy.
Unless you have lived elsewhere, where taxes and rates rarely manifest as a tangible and permanent benefit, it is easy to take councils for granted. I grew up in a town where potholes are forever, healthcare is ad hoc and libraries are private. The things that I see my local council do as a matter of routine are wild luxuries in other places around the world. Such competencies arguably measure the health of a democracy - it means that most of the money has not been lost to corruption and fraud.
On 28 September an extreme storm lashed South Australia and the entire state lost power. How could this have happened? It's a question that has occupied the country for the last three weeks as politicians and commentators have peddled their unqualified opinions in an escalating culture war about the role of renewable energy. No one really knew what had happened until Wednesday this week, when the AEMO released its updated report. Even now, there are more questions than answers.
With the grip of climate change tightening, few seem to understand the urgency of the crisis. This is why the announcement of over 3500 churches in the UK switching to clean power is so significant. At last, a solution presented by religious communities that matches the scale of the problem. They are providing the kind of leadership for the needed transition to an ecologically sustainable future. Unfortunately, one reason why it is so exciting is that we're nowhere near this in Australia.
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.
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.
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.
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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