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Category Archives: Australian Response

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9 February 2016, Renew Economy, Coalition restates wish to axe CEFC, then unveils its largest program. The Jekyll-and-Hyde nature of the Coalition’s clean energy policies were underlined again on Monday, with the Federal government trumpeting one of the biggest ever programs by the Clean Energy Finance Corporation, just hours after it repeated its wish to close the agency down. On Monday, Coalition MP Jane Ruston, appearing before a Senate Environment and Communications Legislation Committee hearing, had confirmed that it remained the Coalition’s intention to dismantle the CEFC, if it could get enough votes in the Senate. Greens Senator Scott Ludlam: Is it still government policy to abolish the CEFC? Ruston: …Yes. Ludlam: …Why? Ruston: …I think the government made it pretty clear when we were elected that we didn’t believe we should be in the job of being a bank. (Ruston apparently forgot that the Coalition has proposed the $5 billion northern Australia infrastructure fund, which is to operate on the same principles as the CEFC, just in a different area). Hours later, federal environment minister Greg Hunt trumpeted the launch of one of the green bank’s biggest investments yet, claiming credit for a $250 million energy efficiency program targeting community housing in Australian cities.

Hunt – in a media release sent while he was in Dubai, where he is attending the World Government Summit, and is thought to be a finalist in the “world’s best minister” award – said the CEFC-led program would drive the construction of market-leading energy efficient community housing project in 2016. He said this would contribute to the greening of Australia’s cities and built environment. It will provide as many as 1,000 new energy efficient dwellings Australia wide. Interestingly, Hunt said his department “had directed the CEFC to focus on cities and the built environment under its new Investment Mandate, which also included financing emerging and innovative renewable energy technologies as well as energy efficiency.” Read more here

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5 February 2016, Renew Economy, Five things we learned this week about Tony Turnbull/ Malcolm Abbott. Remember Tony Abbott? He was the leader of the Coalition government who thought that climate change was crap, dismantled the carbon price, trashed the Climate Council, and tried to dismantle the Climate Change Authority, the Australian Renewable Energy Agency and the Clean Energy Finance Corp. Tony Abbott brought investment in large scale renewable energy to a screeching halt by threatening to kill the renewable energy target, and then cutting it sharply, so encouraging a capital strike by major utilities. He also threatened to decimate the ranks of climate scientists through major cuts to the CSIRO. He said he hated the sight of wind farms, and said he thought coal was good for humanity. Remember Malcolm Turnbull? He was the former Opposition leader who enthusiastically launched the Beyond Zero Emissions Plan for a rapid transition to 100 per cent renewable energy in Australia in 2010, who spoke of the moral and economic importance of acting decisively on climate change, who spoke of Direct Action as “irresponsible” and a “fig leaf” for a climate policy, and who spoke of many fine Liberal policy initiatives in whole sentences. Nearly six months ago, something strange happened. Malcolm Turnbull became prime minister after Tony Abbott was dumped by his own party. But nothing changed. If the swap had been made by deed poll or a cardboard cut-out, the practical impact on climate and clean energy policies would have been no greater. The carbon price is still scrapped, the “fig leaf” remains the centrepiece of the great policy misnomer Direct Action; Australia’s emissions are surging to a record high; the capital strike by utilities continues and large scale renewables investment remains at zero; the legislation to repeal the CCA, ARENA and the CEFC has not been withdrawn; coal is still considered good for humanity, and even a solution to hunger; and 300 or so climate scientists have just been told, in the parlance of modern football, to “do one” by the CSIRO and find another job. Yet, in spite of all this, all Turnbull needs to do to be assured of election victory this year – in the absence of a credible opposition leader – is to make sure he does not actually morph into Tony Abbott. That means woo-ing the “soft centre” who chose to believe – like they did in 2013 – that Tony Abbott would “do the right thing”, despite all the evidence to the contrary. In fact, Malcolm Turnbull doesn’t even need to be Malcolm Turnbull. He certainly doesn’t need to drop Abbott’s policies, and appears to have made a promise not to. A new composite figure, call him Malcolm Abbott or Tony Turnbull, has emerged. How do we know this? Here’s five reasons why: Read More here

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5 February 2016, The Guardian, After climate cuts at CSIRO, who should we ask about global warming impacts on Australia? Netflix? Dr Penny Whetton had spent 25 years working on climate change modelling for Australia’s premier science agency, but in 2014 it was time to go. “I could see the writing on the wall,” says Whetton, who put up her hand to take a redundancy package in October 2014. This week, she has heard of the anger and sadness among her former CSIRO colleagues at the news that climate change research is being targeted for cutbacks and redundancies. Whetton still holds an Honorary Research Fellow position at the agency, where she had worked as a senior principal research scientist and one of the key people leading the CSIRO’s climate modelling work. She is one of a very small handful of Australian scientists to have been a lead author on three consecutive Intergovernmental Panel on Climate Change reports. Her central role has been to use climate models to work out the implications for climate change on Australia. Whetton had also been a leader of the project to deliver the latest climate change projections across Australia, released last year. In short, Whetton has intimate knowledge of what Australia’s climate modelling expertise is being used for. This week’s announcement by CSIRO executive director Larry Marshall has angered many in the country’s climate science community, who have been queuing up to criticise the moves. But beyond the implications of the announcement, there has also been much bemusement about Marshall’s statements and his apparent simplistic understanding of aspects of climate science. If Whetton saw the writing on the wall in October 2014 then surely everyone else should have been able to see the letters scrawled metres high when Marshall was appointed that same month. Read More here

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3 February 2016, Renew Economy, Senate to inquire into carbon risk, despite Coalition objection. The Australian Senate is to begin an inquiry into carbon risk disclosure in Australia, following a proposal by the Greens after the ground-breaking Paris climate agreement reached late last year. The inquiry is due to report in June and will study carbon risk disclosure practices among Australian companies, regulatory oversight, international practice, and Australia’s involvement in the G20 Financial Stability Board discussions on carbon risk impacts. “The Paris Agreement finalised in December 2015 has fundamentally changed the investment landscape,” said Emma Herd, the head of The Investor Group on Climate Change (IGCC), which represents most major investment houses and superannuation funds. “When 195 nations agreed to a goal of limiting global warming to 2°C moving towards 1.5°C, it immediately became clear that all companies will need to stress test their commercial strategy for a two degree scenario and disclose to the market the risks and opportunities for their business.” The inquiry will focus on corporate disclosure, although given the decisions at state and federal level in recent weeks, it might also want to focus on the carbon risk for the Australian economy as a whole. New data this week revealed that Australia was increasing its emissions at a faster rate than any other developed economy, and was not likely to peak its emissions before 2030. The lack of new funding for Direct Action means that there is now no policy in place to reduce emissions. Investment in renewables remains at a standstill. Read More here

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