Dirty Exports Lead to $100 Billion Shortfall

Our Fossil Economy research shows that reliance on emissions-intensive exports, such as coal, gas and iron ore, could lead to a $100 billion shortfall annually by 2030.

This could cause a systemic economic crisis.

Contrary to the International Energy Agency's projections, and ignoring the international phase-out of emissions-intensive imports, the government assumes Australian coal exports will increase in both volume and value.
Fossil Economy

Aussie trains can’t get over 600km/h, but what about 100km/h?

By Charis Chang. News.com, April 27 2015

THIS week a Japanese passenger train broke the world speed record by reaching 603km an hour. So why are Aussie trains struggling to get over the 100km mark?

‘It’s kind of embarrassing’

Japan's state-of-the-art maglev train set a world speed record on April 21 in a test run near Mount Fuji, clocking more than 600 kilometres an hour. Picture: AFP/Toru YAMANAKA Source: AFP

Deep carbon emission cuts possible and inevitable, reports find

By Peter Hannam. Sydney Morning Herald, April 21 2015

"Australia will not only be forced to decouple its economy from fossil fuels but also its export sector, as nations step up efforts to combat climate change."

Futures of the power sector and carbon reductions are closely tied.

Carbon reduction in Asia will punch $100bn hole in Federal revenue by 2030: report.

RN Breakfast, April 21 2015

Listen to the podcast here.

As the Federal Treasurer tries to plug a widening budget hole - a new report warns that the revenue shortfall is about to get a whole lot worse.

According to the climate change think tank Beyond Zero Emissions, export revenue from Australia's main commodities will fall short by an estimated $100 billion a year by 2030, as major trading partners shift away from fossil fuels and move towards clean energy.

The Dirty Energy Finance Corporation

The Energy White Paper was released on Wednesday (April 8 2015). We can't decide what's worse -  the continued refusal to acknowledge climate change, or the fact that refusal is no longer a surprise.


Zero emissions goal must be included in climate change deal

By Stephen Bygrave. RenewEconomy, April 10 2015

In December this year world leaders will hopefully agree a meaningful international agreement on climate change. Pressure to deliver is significant following the failure at Copenhagen 5 years ago.

Communities take lead on renewable energy as big projects stall

By Giles Parkinson. RenewEconomy, March 10 2015

The market for large-scale renewable energy projects may well be at a standstill in Australia, but at the community level, things are happening quickly.

Dozens of projects have emerged as state governments tap into local ideas, offering grants for innovative projects that allow solar and other renewables to be developed at a local level, for innovative financing packages, and even the development of localised smart grid.

10 million solar roofs

Byron Bay first regional Australian city to commit to zero emissions

By Oliver Milman. The Guardian, March 9 2015

Byron shire says it aims to be a 'zero emissions community' within 10 years by upgrading public transport, improving agriculture and retrofitting buildings. 

Byron Bay has become the first regional Australian city to commit to cutting its carbon emissions to zero. Photograph: Byron At Byron/AAP

Byron Bay has become the first place in Australia outside the major cities to commit to cutting its greenhouse gas emissions to zero over the next 10 years.

Zero Carbon in 10 Years

Byron Shire talks zero emissions within 10 years.

Click here to view the Prime Seven News bulletin.

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