Why the PRRT (resource rent tax) should be increased to compensate local governments for the climate costs of fossil fuels.

Graphs: Above – Australian government taxing of oil and gas, Below – Norwegian government taxing of oil and gas. Author: Mark Ogge Date: January 2024 Australia Institute report Key points Local governments bear enormous costs from the impacts of fossil fuels on our climate, including sea level rise and the aftermath of increasingly frequent and…

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From solar to EVs: Five green tech supply chains that could deliver $215 billion boost to Australia

Rachel Williamson May 8, 2024 4Renew Economy AUSTRALIAN FEDERAL GOVERNMENT ELECTRIFICATION Building Australian supply chains for the manufacture of solar, wind, batteries, heat pumps and commercial electric vehicles could deliver $215 billion of benefits in just a decade, a new report has found, provided we get the policy and regulatory settings right. The Make It…

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Gas is good until 2050 and beyond, under Albanese gas strategy

National Tribune 8 May 2024 The Albanese government is talking up the crucial role of gas as a transition fuel “through to 2050 and beyond”. Author Michelle GrattanProfessorial Fellow, University of Canberra In a gas strategy to be released on Thursday, the government envisages the fuel’s uses would change over time, as energy efficiency improved,…

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Threat to mandatory climate-related financial disclosure laws

Lily McCaffrey NCA newswire  May 8, 2024 The Albanese government’s proposed mandatory climate-related financial disclosure laws may be under threat from the Coalition and the Greens. The Coalition is pushing back against the proposed laws and have expressed concern the regime may cost the economy $2.3bn annually. Coalition is pushing back … cost While the…

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The ‘Future Made in Australia’ plan for solar panels relies on a crucial ingredient: Help from China

ABC Science By technology reporter James Purtill Posted Wed 24 Apr 2024 abc.net.au/news/australia-need-chinas-help-for-solar-sunshot-manufacturing-plan/100954734 Twenty-three years ago, a Chinese-Australian solar scientist moved from Sydney to Wuxi to build China’s solar panel manufacturing industry from scratch, using technology developed in Australian universities. Chinese-Australian solar scientist Shi Zhengrong became the world’s first clean energy billionaire, nicknamed “The Sun King”…

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Imagine powering your phone with carbon dioxide

Aussie Researchers have made a proof-of-concept device that absorbs the greenhouse gas to produce electricity. By Anthropocene Team April 25, 2024 Finding ways to power the world while emitting minimal planet-warming carbon dioxide is a Holy Grail for researchers. Now, scientists in Australia have made a device that goes the other way: it consumes carbon…

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Australian Security Leaders Climate Group (ASLCG) Report: identifies actions for an Australian government that has failed in duty of care

FULL REPORT This is a report that the Australian Security Leaders Climate Group (ASLCG) wished it did not need to publish. ASLCG was formed in 2021 by a group of senior former military and intelligence leaders concerned that the security implications of climate change were not understood or addressed by governments. The ASLCG focus is…

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Mandatory disclosures of climate risk: essential to accountability

in Renew Economy There’s a huge difference between asking “what’s most likely to happen, and how could that affect us” versus “what’s the worst that could happen, and how likely is that.” While the latter is the traditional risk management framing, the first approach is how most Intergovernmental Panel on Climate Change (IPCC) reports are…

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UN: From Australia to the Arctic, young Indigenous changemakers speak out

“When we listen to the land, the land will listen to us. It’s a language. Climate change is creating a language barrier.” Taylar Dawn Stagner Indigenous Affairs Fellow PublishedApr 24, 2024 This story is published as part of the Global Indigenous Affairs Desk, an Indigenous-led collaboration between Grist, High Country News, ICT, Mongabay, Native News…

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A technology in road markers could cool cities by up to 20°C

Engineers are using retroreflector technology—based on prisms and reflective materials—to direct sunlight back into the sky and out of the urban canyon. By Anthropocene Team April 18, 2024 Heat-related deaths around the world are climbing up as more frequent, longer-lasting extreme heatwaves become a harsh reality due to climate change. Heat deaths are projected to…

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Companies that ignore climate change risks lose market value

A first-of-its-kind study showed that companies that proactively respond to climate risk are rewarded by the market; those that don’t, are punished. By Sarah DeWeerdt April 23, 2024 in Anthropocene Adapting to climate change and preparing for the green transition entails significant costs for businesses—but is likely to be a good investment, according to a…

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Want to fight climate change? Triple global renewables target to 11TW by 2030

Rachel Williamson Nov 21, 2023 0Renew Economy POLICY & PLANNING RENEWABLES SOLAR WIND ENERGY The developed world is doing okay when it comes to renewable energy installations, but needs to set more ambitious targets and triple renewable capacity to 11 terawatts by 2030 to meet climate targets, according to energy think tank Ember. The research…

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Energy modeller Rystad says accelerated transition to clean technologies puts global climate goals ‘within reach’

By energy reporter Daniel Mercer in abc news Posted Wed 22 Nov 2023 at 5:46am One of the world’s foremost energy modellers has forecast that temperature rises are set to be kept within 2 degrees Celsius of pre-industrial levels thanks to the rapidly advancing efficiency and affordability of clean technologies. Key points: Global energy modellers Rystad…

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‘Grownup’ leaders are pushing us towards catastrophe, says former US climate chief

The Observer Paris agreement negotiator Todd Stern attacks premiers who say that decarbonisation programmes are unrealistic and should be slowed down Fiona Harvey Environment editor Sun 14 Apr 2024 20.00 Political leaders who present themselves as “grownups” while slowing the pace of climate action are pushing the world towards deeper catastrophe, a former US climate…

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Report: Banks Should Set Stricter Climate Goals for Agriculture Clients

Published on April 8, 2024 By Meg Duff in Capital and Main Though factory farming is a small part of bank financing, it leaves an outsized carbon footprint. The industrial livestock industry represents a small portion of big banks’ financing portfolios — but it may be responsible for a disproportionately large share of the greenhouse…

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