Pivot Australia. Can the Lucky Country transition to plucky country on energy?
As NATS and a cabin of reactionary independent independent independent independent independent independent independent independent independent independent independents, as they pushed their cases to evacuate Net Zero, the best climate official lands of the UN, the reigns discuss the climate. STephanie Tran Reports.
The UN’s best climate official, the Albanian government continues to approve new coal and gas projects, Australia said it was ambitious with its 2035 emission reduction goal.
The Minister of Environment has recently brought the total of two other gas projects to the 20 fossil fuel project since 2022. This is at a time when global climate authorities do not demand a new fossil fuel project.
Speaking at a smarter Energy Council event on Monday, the UN Climate Change Secretary Simon Stiell urged Australia to reshape its economy and quickly align a global economy from carbon.
“Under the Standard of Swamp”
Siell, “Don’t be willing to be easy – under the standard of swamp. Go for a large way for something that is smart. Go to those who will create permanent reserves and national security.
Stiell’s comments Nationals MP Barnaby Joyce and Pauline Hanson from One Nation Private Member’s Invoice It reveals the sections in the coalition to scrape Australia’s 2050 net zero target. Meanwhile, the Albanian government is preparing to set its 2035 target next year, in September, it is seen as a decision to comply with the speed of Australia’s global decarbonation or whether it will remain connected to the fossil fuel export model.
Tim Buckley, the founder of Climate Energy Financing, said that the 2035 target represents the chance to be compatible with Australia’s global clean energy transition and secure long -term economic and geopolitical benefits.
“At one time, the US fossil fuel was caught by the earned interests and consequently eliminated the global leadership responsibilities, other countries have to remain a course and must continue to adapt to climatic science.To encourage cooperation and cooperation in the delivery of this critical global target to ensure that we have a livable planet.
“Since it aims to host the Australian COP31, we need to show climate ambition and focus, especially because it aims to host the Australian COP31, it shows that there are a majority of countries that want to maintain the responsibilities of the treaty.”
ICJ weighs
The pressure for greater ambition comes not only from scientists and economic analysts, but also from the International Court of Justice. ICJ soon turning point judgment To clarify the obligations of states within the scope of international climate agreements.
The Court found that nations had a legal duty to move up to 1.5 ° C with global warming and to strengthen commitments in accordance with the Paris agreement. Climate Council of this decision Direct inferences For Australia.
“This goal is almost not available for Australia due to ten-year delayed action (2013-2022). [Research by the Climate Council] It shows net zero until 2035, the only climate target for Australia, which has the chance to contribute to the kept global warming below 2 ° C.
“However, the Court clearly reveals that a country’s actions should be consistent with heating up to 1.5 ° C in order to comply with Paris obligations. Therefore, Australia may be obliged to contribute to global efforts to interrupt climate pollution and to build new industries (eg green iron) and take steps to prevent new fossil fuel projects.”
China’s clean energy acceleration
China’s clean energy acceleration has significant consequences for Australia’s economy exposed to trade. Buckley said that the rapid change between Australia’s key trade partners means that the country should act decisively or have a risk of staying behind.
“Australia should understand that our trading partner number 1 embraces carbohydrates at a accelerating speed, and for all the blurry and bullying from the USA, the majority of this trade comes from the Great Asian region.
“When China disrupts global energy systems, Australia has to return to remain relevant or left behind.”
Buckley said China’s rapid clean energy expansion underlined Australia’s urgency to adapt:
“China leads the world to the world in R & D, from almost all zero emission technologies-sun modules to batteries and electric vehicles. This leadership is supported by ambitious national goals and long-term strategies. The United States is that PIV should unite, that PIV should unite ”.
Accordingly analysis With climate energy financing, the annual increase in China’s clean energy capacity was 92%.
Buckley argued that Australia has extraordinary natural advantages in renewable energy sources and the potential to become a green industrial power center:
“Australia exports zero value of 120-130 billion dollars annually-floor iron ore. If Australia invests in new technology and invests in capacities, we may export up to 250 billion dollars per year until the end of the next decade. However, this requires bilateral agreements with important public-private cooperation and lock trade partners.”
Authorized, Germany, China, Korea and Japan, partnerships, iron refining and renewable energy infrastructure can open a $ 100-200 billion lock, he said.
Comfort risks
Australia world Third Large Fossil Fuel Exporterand continues to approve Despite the warnings of the new coal and gas projects, the international energy agency’s warning that new fossil fuel developments cannot continue if the world will limit the warming to 1.5 ° C.
Analysis from the Australian Institute It reveals that about one -fifth of Australia’s total greenhouse emissions are now due to exporting fossil fuels. The Institute says that this share has increased more than 2010 since 2010 due to the rapid expansion of LNG exports.
“This is a relatively contributing industry to the Australian economy, but it contributes significantly to the sum of our national emissions.
Moving away from our dependence on fossil fuel exports can expose the economy to long -term risks.
“Not being ambitious can see that the Australian economy continues to be carved, and our key trade partners such as China are more compatible with their ambitions to other nations,” he said.
Buckley stressed that the country’s political stability gives him the opportunity to quickly move and benefit from developing markets in clean energy.
“Australia is a lucky country and it may remain like this. We jumped the bullet of the deterioration of the swing to the right to the right. This gives us the opportunity to ignore the darkening of fossil fuel -acquired interests and to act with urgency and ambition in cooperation with the EU and the Great Asian region, so that our economy is more economical.”
More gas. Raise by crossing twenty fossil fuel approval
Stephanie is a journalist and has a degree of law/journalism. The 2021 Walkley won the Finalist of the Student Journalist of the Year Award and the 2021 Democracy Waiting for Student Investigation Report Award.
