15 January 2016, Renew Economy, Australia snubs 1st major post-Paris summit after killing renewables target. ABU DHABI: Australia has chosen not to send any government representatives to the first major post Paris climate change conference, as new data confirms how the Coalition government has effectively killed the renewable energy target as an effective policy mechanism. In 2015, the world invested a record $US329 billion in renewable energy. But in Australia, the RET – the country’s primary policy mechanism – has attracted just $15 million in investment in nearly two years. The data, from Bloomberg New Energy Finance, confirms that since the Abbott government announced its review into the RET in early 2014, the scheme has been at a standstill. That remains the case – even though renewable energy certificates have jumped to record levels of $74/MWh – because utilities and financiers refuse to sign contracts, due to the lack of policy certainty and because they believe that the Coalition could change the target again. Indeed, more than half Australia’s investment in renewable energy in 2015 (of $A4.1 billion) comes from households and businesses, who spent $2.2 billion in 2015 adding rooftop solar PV to their home and commercial premises. Read More here
Category Archives: Australian Response
23 December 2015, Carbon Pulse, Dirtier energy mix pushes up Australia’s GHG emissions. Australia’s greenhouse gas emissions rose 1.3% in 2014-15 to 549.3 million tonnes of CO2e, according to government data, as coal use increased after the carbon tax repeal. Electricity generation emissions increased 3% to 186.1 million tonnes of CO2e in the twelve months to June 2015, according to data from the Department of the Environment. “This increase corresponds to a flatlining in demand in the National Electricity Market (NEM) between the year to June 2014 and the year to June 2015 … combined with an increase in the emissions intensity of delivered electricity,” the report said. Electricity emissions from black coal rose 1.4% and brown coal 9.7%, the report said. Wind and other renewables increased 12.2%, but gas (6.2%) and hydro (30.3%0 saw drops. The comeback of coal in the generation mix has been well documented by NEM analysts, and coincided with the July 1, 2014 removal of the carbon tax. Most other sectors of the economy also saw higher GHG emissions in 2014-15, but this was partly offset by a 3.4% drop from agiculture, largely due to declining beef cattle population, a reduction in sheep numbers and reduced production of several key crops. Compared to 2005, Australia’s emissions have dropped 10.2%. Its target according to its DNC is to reduce emissions 26-28% below 2005 levels by 2030. Australia now emits 23.2 tonnes of CO2e per capita, a 28.4% drop from 1990 but still among the highest in the developed world. Read More here
22 December 2015, BBC, Australia approves Abbot Point coal port expansion. Australia has approved the expansion of an existing coal port at Abbot Point near Bowen in north Queensland. The controversial project will see Abbot Point become one of the world’s biggest coal ports. The expansion will involve dredging one million cubic metres of spoil near the Great Barrier Reef which will then be dumped on land. Conservationists have said the project will have a significant impact on the area’s wildlife and surrounds. The expansion project is key to the success of a coal mine to be built by India’s Adani Mining – the Carmichael project. Adani expects to export coal from the expanded port. Australian Environment Minister Greg Hunt approved the expansion of the project on Thursday. ‘Damaging dredge’ Environmental group WWF said 61 hectares of seabed would be “ripped up”, creating the dredge spoil. “It’s disappointing that the minister has approved this project within the [Barrier Reef area], despite the damage it will do,” spokeswoman Louise Matthiesson said. “Damaging dredge plumes will be created harming sea grass and potentially reaching nearby coral reefs,” she added. In an original proposal for the port expansion, the dredge spoil was to be dumped at sea. However, in response to public pressure, that proposal was not approved. Read More here
14 December 2015, Renew Economy, Hidden gem in Paris deal condemns coal to early demise. When France foreign minister Laurent Fabius brought the gavel down on Saturday night and declared the Paris Agreement on climate change action was sealed, the reaction was almost immediate. Within the conference hall it was greeted with cheers, hugging and great emotion. Outside, the agreement to cap temperature rises “well below 2°C” and as low as 1.5°C signalled a remarkable achievement that had one major implication: the end of the fossil fuel era is nigh. ….But if that is what the fossil fuel industry and the Coalition government are really thinking, then the evidence suggests that they are kidding themselves. One little gem, alerted to me by the Potsdam Institute’s Malter Meinshausen (on the dance floor of the COP after party of all places) puts the agreement in a new perspective. It is this paragraph, article 17, in the decisions text of the deal: “Clause 17. Notes with concern that the estimated aggregate greenhouse gas emission levels in 2025 and 2030 resulting from the intended nationally determined contributions do not fall within least-cost 2 ̊C scenarios but rather lead to a projected level of 55 gigatonnes in 2030, and also notes that much greater emission reduction efforts will be required than those associated with the intended nationally determined contributions in order to hold the increase in the global average temperature to below 2 ̊C above pre-industrial levels by reducing emissions to 40 gigatonnes or to 1.5 ̊C above pre-industrial levels by reducing to a level to be identified in the special report referred to in paragraph 21 below”; OK, now for a quick translation. The world currently emits around 50 gigatonnes of greenhouse gas emissions a year. Even if all the pledges put together by 186 nations before and during the Paris climate talks were enacted, these emissions would grow to around 55 gigatonnes of GHG emissions a year by 2030. But to meet the 2°C target, the world will need to reduce those emissions to 40 gigatonnes a year. And to reach that level, they are likely going to have to reverse direction before 2020. What’s more, if the world does move to that aspirational goal of capping temperatures to 1.5°C above pre-industrial levels, then it is going to have to move a lot faster, and a lot more dramatically than that. That trajectory will be outlined by a new IPCC report due in 2018. Read More here