2 December 2015, Renew Economy, As Paris talks, Australia’s energy emissions are going in the wrong direction. As all readers will know, publication of this report comes during the first week of the crucial UN Climate Change Conference (COP21 under the UNFCCC) in Paris. For that reason, we devote most of the full report to looking at overall trends in Australia’s energy combustion emissions, including changes since 2004-05, the reference year chosen by the Australian government for its official 2030 emissions reduction target. Energy combustion emissions covered by CEDEX® include all emissions arising from the generation of electricity in the National Electricity Market (NEM), all emissions from the combustion of petroleum products within Australia, i.e. excluding international ship and aircraft bunkers, and all emissions from the combustion of natural gas by gas consumers (i.e. not including emissions from the gas industry’s own use of gas – see below) in NSW, Victoria, SA and Tasmania. All data are reported as moving annual totals, so as to remove seasonal effects on consumption of relevant products, and in terms of the changes since June 2009. The emissions reported by CEDEX® reached their historical maximum in December 2008, i.e. in the calendar year 2008. By June 2009 the annualised total, i.e. total for financial year 2008-09, had fallen by 0.7%. The financial year 2008-09 is also the year in which Australia’s total emissions from fossil fuel combustion, as reported in Australia’s National Greenhouse Gas Inventory, reached their historic maximum. Read More here
Category Archives: The Mitigation Battle
1 December 2015, Renew Economy, Paris, COP21: Turnbull ducks and weaves as world leaders lead. PARIS: As 150 country leaders spoke in Paris on Monday, mostly reinforcing their commitment to a global agreement that aims to limit global warming to a maximum 2°C, Australia prime minister Malcolm Turnbull was forced to duck and weave his way through the first day of talks. The country leaders were invited to Paris to try to remove roadblocks and inspire others to act. Most – including the leaders of the US, China, Mexico, host France and other EU countries, developing nations, and even Russia – did exactly that. But the day started badly for Australia with the revelation that it had snubbed – apparently, at the last minute and under pressure from the conservative rump of the Coalition government – an invitation to join a 40-country campaign to remove fossil fuel subsidies. Australia was also conspicuously absent when many of the world’s major economies held a special event to underline their support for a carbon price. Australia, of course, was the first country in the world to remove a carbon price when Tony Abbott was in power. Australia announced it was adding $1 billion into climate financing fund over five years, but again appeared to be pulling much of this money from the foreign aid budget. It also pledged an extra $100 million for clean technology research, at the same time as refusing to remove legislation that would dismantle the $10 billion Clean Energy Finance Corp and the Australian Renewable Energy Agency, from which it has stripped twice as much research funding. Read More here
25 November 2015, Renew Economy, Australia can meet its Kyoto target – but “real emissions” will not fall to -5% by 2020. In line with our earlier update, Environment Minister Greg Hunt will today announce that Australia’s greenhouse gas abatement task to meet its 2020 emissions reduction target has fallen “below zero”, meaning that Australia will meet its 2020 target. While we will officially meet our Kyoto target, Australian emissions will not fall to -5 per cent on 2000 levels by 2020. Australian emissions are projected to grow from today (currently -2 per cent on 2000 levels) through to 2020, increasing 6 per cent to be plus 4 per cent on 2000 levels by 2020, well short of the -5 per cent target. Below, we summarise how Australia’s Kyoto target can be met, despite emissions continuing to grow. What is an “abatement task” and how is it derived? Read more here
25 November 2015, Science Daily, Global growth in carbon dioxide emissions stagnates. After a decade of rapid growth in global carbon dioxide emissions, which increased at an average annual rate of 4%, much smaller increases were registered in 2012 (0.8%), 2013 (1.5%) and 2014 (0.5%). In 2014, when the emissions growth was almost at a standstill, the world’s economy continued to grow by 3%. The trend over the last three years thus sends an encouraging signal on the decoupling of carbon dioxide emissions from global economic growth. However, it is still too early to confirm a positive global trend. For instance India, with its emerging economy and large population, increased its emissions by 7.8% and became the fourth largest emitter globally. Read More here