15 March 2016, Renew Economy, Hunt caught out on “peak emissions”, but he may have a cheap solution. As new NASA data reveals global temperature records were smashed by a “stunning” margin in the month of February, new research from carbon market analysts RepuTex has found that Australia’s contribution to curbing global warming could be easier and cheaper than we thought. The study, published on Tuesday has found more than half of Australia’s 2030 emissions reduction target able to be met using “cheap and abundant” domestic abatement – debunking the well established policy myth that the lowest-cost path for Australia was to buy cheap international offsets. The conclusion was reached in a new approach to modelling based on what RepuTex has dubbed the “real world supply cost curve”. It found that more than 300 million credits could be created by local Australian companies over the next seven years at around $1-$4 per credit, while more than 500 million credits could be supplied at less than $20. As RepuTex executive director Hugh Grossman told RenewEconomy in a telephone interview on Tuesday, “that’s a lot” – particularly when you consider the government’s calculations that it needs 900 million tonnes of abatement to meet its emissions reduction 2030 target. And it’s significant, he notes, in that it changes the game for how Australian policy might be designed to achieve emissions cuts: using local emissions reductions, at low cost, without relying on international offsets, all while keeping the cost of compliance low for industry……. Indeed, far from encouraging business and industry to cut emissions, federal environment minister Greg Hunt is busy reassuring us all that Australia’s greenhouse gas emissions actually “peaked” 10 years ago. “I believe that we have reached what is sometimes known as peak emissions,” Hunt told ABC Radio’s AM program. “My best estimate is that we are unlikely as a nation ever to surpass [2005 levels] … In my best judgment, the advice, the information from the department, we reached peak emissions in 2005-06 … and the course of history to come for Australia is that we will continue to be below that figure.” The comments – described by Climate Institute CEO John Connor as “extraordinary”, particularly in light of “the enormous credibility gap in the government’s current policies” – were quickly dismissed by Grossman, who says his company’s analysis of the government’s own data shows Australia’s emissions will continue to grow, with “no peak in sight”. Read More here
Category Archives: Australian Response
25 February 2016, DELWP, The Victorian Government is committed to positioning Victoria as a leader in climate change, by mitigating risks, reducing emissions and adapting to the impacts of climate change. DELWP leads the Victorian Government’s commitment to reinvigorate climate change action within the state, working across state government and with local governments, businesses and the community to develop effective strategies to reduce greenhouse gas emissions and help Victorian’s adapt to the effects of climate change. DELWP will partner with Sustainability Victoria, whose new role in helping communities respond to climate change will be a critical contribution to addressing and minimising the effects of climate change on our environment, community and economy. The independent review of the Climate Change Act 2010 is a significant step towards restoring Victoria’s status as a leader and model for other governments in tackling climate change. Additionally, the latest climate change science will be used to identify issues for Victoria and strengthen the state government’s climate change response. Access more details go here
25 February, Renew Economy, Coalition digs deeper into fossil fuels with new “growth centre”. The federal government has announced the establishment of a $15.4 million fossil fuel “growth centre”, to help prop up Australia’s oil, gas, coal and uranium sectors during what it describes as a “challenging time” for the industry. Part of the government’s $248 million Industry Growth Centres Initiative, the Oil, Gas and Energy Resources Growth Centre was unveiled on Wednesday by federal energy minister Josh Frydenberg and minister for innovation and industry, Christopher Pyne. The ministers said they hoped the facility – in which the Turnbull government is investing $15.4 million over four years – would help position Australia’s energy and resources sector for the next wave of investment. It will be chaired by long-time oil and gas industry executive, Ken Fitzpatrick, with a board and management team drawn from across the oil, gas, coal seam gas, coal and uranium industries. According to the website, the growth centre’s mission is to reduce industry costs, direct research to industry needs, improve work skills, facilitate partnerships and reduce regulatory burdens. It will also have a particular focus on improving knowledge and techniques needed to unlock Australia’s marginal gas resources like coal-seam gas – a controversial and high-cost field of exploration and production that AGL Energy recently ruled out of its repertoire to focus, instead, on the “evolution” of the energy industry. Pyne says the new growth centre – which will be known as National Energy Resources Australia, or NERA – will work closely with researchers from universities and the newly streamlined CSIRO, the irony of which was not lost on critics of the scheme. Read More here
22 February 2016, The Conversation, Queensland land clearing is undermining Australia’s environmental progress. Land clearing has returned to Queensland in a big way. After we expressed concern that policy changes since 2012 would lead to a resurgence in clearing of native vegetation, this outcome was confirmed by government figures released late last year. It is now clear that land clearing is accelerating in Queensland. The new data confirm that 296,000 hectares of bushland was cleared in 2013-14 – three times as much as in 2008-09 – mainly for conversion to pastures. These losses do not include the well-publicised clearing permitted by the government of nearly 900 square kilometres at two properties, Olive Vale and Strathmore, which commenced in 2015. WWF. Alarmingly, the data show that clearing in catchments that drain onto the Great Barrier Reef increased dramatically, and constituted 35% of total clearing across Queensland in 2013-14. The loss of native vegetation cover in such regions is one of the major drivers of the deteriorating water quality in the reef’s lagoon, which threatens seagrass, coral reefs, and other marine ecosystems. The increases in land clearing are across the board. They include losses of over 100,000 hectares of old-growth habitats, as well as the destruction of “high-value regrowth” – the advanced regeneration of endangered ecosystems. These ecosystems have already been reduced to less than 10% of their original extent, and their recovery relies on allowing this regrowth to mature. Alarmingly, our analysis of where the recent clearing has occurred reveals that even “of concern” and “endangered” remnant ecosystems are being lost at much higher rates now than before. Read More here