Category Archives: Australian Response

PLEA Network

1 February 2017, Renew Economy, Eight reasons why Dr Finkel is great news for Australia’s energy future. Our electricity grid looks likely to progress more systematically to a cleaner more secure future thanks to Australia’s Chief Scientist Dr Alan Finkel being brought in – to lead the analysis and policy recommendations. For those who could not make Tuesday night’s 2.5 hour session in Adelaide with him, here are some of the key comments made by him and his team:

1.      Dr Finkel and SA’s Chief Scientist Leanna Read both see the grid becoming 100% renewable powered as the end point.

2.      Dr Finkel is walking the talk: all electricity at his home is sourced from green power electricity and he is an electric car user.

3.      He and his team will travel shortly to other renewable energy leading regions with few grid interconnections to share best practices for SA (Texas and Ireland), to high penetration locations committing to further quick transitions to distributed renewables (California, New York, Denmark, France, UK and Germany) and meeting GE and Siemens who are leading in creating distributed grid systems and controllers and grid storage. Read More here

PLEA Network

1 January 2017, The Conversation, Cabinet papers 1992-93: Australia reluctant while world moves towards first climate treaty. Cabinet papers from 1992 and 1993 released today by the National Archives of Australia confirm that Australia was a reluctant player in international discussions about climate change and environmental issues under Prime Minister Paul Keating. Internationally, it was an exciting time for the environment. In June 1992, the UN Earth Summit was held in Rio de Janeiro. Here the world negotiated the UN Framework Convention on Climate Change (which last year gave us the Paris Agreement) and opened the Convention on Biological Diversity for signing. So what was Australia doing? Australia stumbles towards climate policy Domestically, the focus was on Ecologically Sustainable Development (ESD), a policy process begun by Prime Minister Bob Hawke. Working groups made up of corporate representatives, environmentalists and bureaucrats had beavered away and produced hundreds of recommendations. By the final report in December 1991, the most radical recommendations (gasp – a price on carbon!) had been weeded out. Democrats Senator John Coulter warned of bureaucratic hostility to the final recommendations. Keating replaced Hawke in the same month. The August 1992 meeting, where the ESD policies were meant to be agreed upon, was so disastrous that the environmentalists walked out and even the corporates felt aggrieved. Two interim reports on the ESD process from the cabinet papers fill in some of the detail. The first interim report, in March 1992, said that government departments had not been able to identify which recommendations to take on board. Cabinet moved the process on, but the only policies on the table were those that involved: …little or no additional cost, cause minimal disruption to industry or the community, and which also offer benefits other than greenhouse related. Read More here

PLEA Network

22 December 2016, The Guardian, Adani coalmine ‘covertly funded’ by World Bank, says report. Adani’s Carmichael mine has been “covertly funded” by the World Bank through a private arm that is supposed to back “sustainable development”, according to a US-based human rights organisation. Adani Enterprises acquired exploration rights for Australia’s largest proposed coalmine in 2010 with a US$250m loan from banks including India’s ICICI, which was in turn bankrolled by the World Bank’s private sector arm, the International Finance Corporation, a report by Inclusive Development International says. The report accuses the World Bank of using “back channels” to conceal its support for a company that “would have little chance of receiving direct assistance from the IFC”, which has a “mandate for sustainable development”. ICICI was among six Indian banks that received US$520m from the IFC between 2005 and 2014. This means the World Bank has exposure to the contentious Carmichael project, from which a growing number of Australian and overseas banks are shying away. Adani acquired the exploration rights from Linc Energy, which has since folded and is facing criminal charges over Queensland’s largest pollution scandal. There is divided public opinion in Australia over the prospect of a taxpayer-funded loan of up to $1.1bn for the rail portion of the Carmichael project. Adani’s loan application to the Australian government’s Northern Australia Infrastructure Facility has conditional approval, but questions persist about its eligibility, and the issue of taxpayers lending to a project held by corporate structures linked to the Cayman Islands tax haven. The Adani group is also embroiled in several Indian criminal investigations into possible fraud and corruption, including the alleged siphoning of money offshore through an invoicing rort and the alleged profiteering on imported coal through inflated valuations. Read More here

PLEA Network

11 December 2016, The Guardian, On climate change and the economy, we’re trapped in an idiotic netherworld. The shrieks of horror that follow mentions of pricing carbon show politics remains wedded to the belief that economic growth trumps concerns of climate change. This week was a prime example of how economics and, by extension, politics doesn’t cope very well with the issue of climate change. The news that Australia economy went backwards in the September quarter was greeted with alarm by politicians and then used as a reason to push their policy barrow. And most of the barrows were piled high with coal. The treasurer and the prime minister in their press conferences on Wednesday made great mention of the need to keep electricity prices low for the economy to grow. Malcolm Turnbull especially was in full Tony Abbott 2010 mode out of a desire to cover the silly back flip on the issue of investigating whether or not to introduce an emissions intensity trading scheme. When asked about the prospect of GDP growth going backwards he immediately responded by suggesting the issue was for Bill Shorten to “explain why he is proposing to increase the price of electricity”. Never mind that such a scheme would more efficiently price emissions than does the current system, for now we remained trapped in an idiotic netherworld where any mention of pricing carbon (no matter how oblique) must be greeted with shrieks of horror, with the prime minister leading the chorus. And while you do wonder if Malcolm Turnbull ever looks in the mirror in the morning and asks himself how it all came to this – or whether he first rings Cory Bernardi to ask whether he is allowed to look into the mirror and ask such questions – the broader issue is that this netherworld is one that inherently sees action on climate change as a negative for the economy. And by contrast, the economic impact of anything that will cause climate change is seen as inherently positive. Read More here