May2016

Direct Action not giving us bang for our buck on climate change
Direct Action is the centrepiece of Australia’s current greenhouse gas reduction efforts. To date, A$1.7 billion in subsidies has been committed from the government’s Emissions Reduction Fund to projects offering to reduce emissions. The scheme replaced Australia’s two-year-old carbon price in 2014 and is a key part of the government’s plan to reduce emissions by […]

Carbon taxes, emissions trading and electricity prices: making sense of the scare campaigns
Yet again, electricity prices are set to be a key point of contention in an Australian federal election. The Coalition responded quickly to Labor’s election commitment to an emissions trading scheme (ETS), with Prime Minister Malcolm Turnbull warning of “much higher electricity prices” and a “very big burden” on Australians. Other ministers joined in. Treasurer […]

How will the reduced Renewable Energy Target affect investment?
After months of uncertainty over the future level of Australia’s Renewable Energy Target (RET), the federal government and opposition have reached a compromise agreement to scale back the target. The deal will see the RET wound back to 33,000 gigawatt hours of renewable energy by 2020, down from its previous level of 41,000 GWh. The […]

Rapid transition to clean energy will take massive social change
Global climate change, driven by human emissions of greenhouse gases, is already affecting the planet, with more heatwaves, droughts, wildfires and floods, and accelerating sea-level rise. Devastating impacts on our environment, health, social justice, food production, coastal city infrastructure and economies cannot be avoided if we maintain a slow and steady transition to a zero-carbon […]

Phasing out fossil fuels for renewables may not be a straightforward swap: Here’s what you need to know
To have any chance of preventing dangerous climate change, the world needs to reduce greenhouse gas emissions to net zero or even negative by mid-century. Many experts suggest this means we need to completely phase out fossil fuels and replace them with renewable energy sources such as solar and wind. Several studies have concluded that […]