Carbon Economy

Climate Change and Energy Minister Chris Bowen wants to double down on the rollout of offshore wind farms, ­renewables, and the phase-out of coal-fired power plants.

I recently attended a forum on Climate and Economics in my local area with Francine Wiig, the Independent candidate for Fairfax, with some very interesting topics discussed, ranging from the LNP’s nuclear power ideas to the dangers of not meeting Net Zero by 2050 and, of course, the upcoming Federal Election.

The narrative that renewables are cheaper than baseload power is a myth.

China is easily the world’s largest carbon emitter, comprising 31.5% of global emissions in 2023, according to Our World In Data.

Last week, the Queensland government announced that it would repeal the state’s legislated renewable energy targets.

The Greens have performed best in the Australian Conservation Foundation’s (ACF) pre-election scorecard, receiving a rating of 98% for their environment and climate change policies.

It’s time to acknowledge that the dream of ‘net zero’ emissions is dead. The world’s top three carbon emitters are China (31.5% of total), the United States (13.0% of total), and India (8.1% of total). In 2023, these three countries accounted for more than half (52.6%) of global carbon emissions.

In late 2021, the Labor Party released its Powering Australia Plan, which promised to reduce NEM wholesale electricity costs by $11 per MWh, from $62 to $51, by 2025.

Greenpeace, the Australian Conservation Foundation (ACF), and WWF Australia are among several environmental groups that will actively target Labor in the run-up to the federal election.

China (31.5% of total), the United States (13.0% of total) and India (8.1% of total) are the world’s three largest carbon emitters. In 2023, these three nations accounted for more than half (52.6%) of the world’s carbon emissions.

The federal government is targeting 82% of electricity being generated by renewables by 2030.

By Dr Cameron Murray and Aidan Morrison, cross-posted from Fresh Economic Thinking.

The federal Labor Party announced its Powering Australia Plan in late 2021, promising to cut National Energy Market (NEM) wholesale power costs by $11 per MWh, from $62 to $51, by 2025.

Much of the Western world is deindustrialising to meet ‘net zero’ emissions targets.

Labor launched its Powering Australia Plan in late 2021, promising to reduce National Energy Market (NEM) wholesale power rates by $11 per MWh, from $62 to $51, by 2025.

I’m sorry for the satirical headline.

Much of the Western World is rapidly deindustrialising to meet ‘net zero’ emissions targets.

The Chinese depression is proving to be a real barnstormer.

Australia’s politicians, the media, and environmental groups want us to believe that climate change is the biggest environmental threat.

Australia’s politicians and media want us to believe that climate change is the biggest environmental threat.

According to the Climate Change Authority’s (CCA) annual progress report, Australia’s CO2 emissions fell by 3 million tonnes between 2023 and 2024, accounting for one-fifth of the 15 million tonnes required annually to meet the federal government’s target of 43% reduction in emissions from 2005 by 2030.

The chief lobby group for electric vehicles (EVs), the Electric Vehicle Council (EVC), has issued a media release triumphantly claiming that EVs broke the 100,000 sales barrier for the first time in 2024.

Australia’s emissions decreased by 3 million tonnes of CO2 over 2023–24, according to the Climate Change Authority’s (CCA) annual progress report, which was a fifth of the 15 million tonnes annually needed to meet the federal government’s target of emissions falling 43% on 2005 levels by 2030.

The Climate Change Authority’s (CCA) latest annual progress report has revealed that emissions fell by 3 million tonnes of CO2 over 2023–24, which is a fifth of the 15 million tonnes needed to be cut annually to hit the federal government’s target of emissions falling 43% on 2005 levels by 2030.