Newswire

Australia risking 'systemic economic crisis' in decarbonising world: study

By John Conroy. The Australian, May 5 2015

Research released today by Beyond Zero Emissions shows that Australia has a 50% chance of systemic economic crisis, caused by ignoring the global shift to clean energy.

Without changing the Australian investment focus towards cleaner energy, the country is on course for “systemic economic decline”; which means high unemployment, high debt, and deep recession, the Carbon Crisis report says, saying Australia’s industry and exports are emissions intense.

BZE director of research Gerard Drew said that intensity was a growing economic liability as the international community strengthens its efforts to limit climate change.

States vow to boost large-scale renewables as RET stalemate continues

By Sophie Vorrath and Giles Parkinson. RenewEconomy, May 5 2015

Australia’s states and territories have vowed to work together to unblock the nation’s large-scale renewables market, at a joint meeting on climate change in Adelaide on Monday.

Australia faces risk of systemic economic crisis without carbon action, study finds

Peter Martin. Sydney Morning Herald, May 5 2015

Australia' emissions-intensive economy gives it a greater than 50 per cent chance of a systemic economic crisis a new study says.

Prepared by National Institute of Economic and Industry Research with Beyond Zero Emissions the study suggests that as the world becomes more carbon constrained, punitive measures could be imposed on nations not pulling their weight.

High speed rail expert "embarrassed" by speed of the XPT

By Nick King. 4BC Afternoons, April 29 2015

Remember when the XPT was known as The Fast Train?

By modern global standards the XPT is now considered a tortoise as it barely exceeds 80 kilometres per hour.

 the tortoise of "hi speed" rail systems

Christine Milne on how to go net-zero by 2040

The Fifth Estate, April 28 2015

"The latest study by Beyond Zero Emissions suggests that the Australian federal budget will have a $100 billion shortfall by 2030 because of the collapse of coal and gas exports."

The Greens have set a new post-2020 emissions target of 40-50 per cent by 2025 and net-zero by 2040, leader Christine Milne announced at the University of Sydney’s Sydney Environment Institute last night (Monday).

World's businesses can't wait for governments to act on climate change

By Stephen Bygrave. RenewEconomy, April 27 2015

Over 450 delegates from the World Business Council on Sustainable Development met in Montreux, Switzerland this week to develop emissions reduction targets to be announced at the Paris climate conference in December this year. Representatives from companies around the world participated. Notably, no Australian company was present at the meeting.

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

By Charis Chang. News.com, April 27 2015

'Gerard Drew, co-author of the report Zero Carbon Australia High Speed Rail, said the difference in speeds was “kind of embarrassing”, and train travel in Australia felt “antiquated”.'

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

Tony Abbott aims for fracking boom

By Ben Courtice. Green Left Weekly, April 25 2015

A new report on unconventional gas development from the federal Department of Industry and Science has been released.

Its stated aim is “to ensure the responsible development of coal seam, shale and tight gas resources for the benefit of Australians and position Australia to remain an energy superpower”.

Australia’s climate inaction embarrassment

By Neville Spencer. Green Left Weekly, April 24 2015

Politicians, both Labor and Liberal, have spent years defending this county’s pitiful efforts on tackling climate change with the excuse that Australia “can’t go it alone” — it has to wait for other countries to commit to action on climate change. The same excuse was often echoed in the media.

Canberra remains blind to coal and gas slowdown

By Tristan Edis. Climate Spectator, April 21 2015

Treasurer Joe Hockey and indeed the WA Government plus the former Newman Government, in conjunction with a range of investors in our mining giants, have been struggling to grapple with a huge shock that China has not granted us a permanent ticket to prosperity on the back of high iron ore, coal and gas prices. Prices for all these major export commodities have plummeted in the last 12 months.

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