World Energy Investment 2022 – Analysis – IEA
World Energy Investment 2022 – High prices, rising costs, economic uncertainty, energy security concerns and climate imperatives amount to a powerful cocktail of factors bearing on global energy investment. Investment is central to tackling the multiple strands of today’s energy crisis: to relieve pressure on consumers, to get the world on a net zero pathway, […]
Fast transition to renewables
Fast transition to renewables will save the world $18 trillion, says Oxford study. A new study has found it is not only possible to fully decarbonise the global energy system within a few decades, it will be profitable and save the the world at least $US12 trillion ($A18 trillion) if it reached the target by […]
The Crossroads of Carbon and Climate
The crossroads of carbon and climate – the economy of meeting Australia’s climate targets. Australia is stood at a crossroads of climate and carbon. While the federal government is yet to commit to net-zero emissions by 2050 formally, the European Union’s Carbon Border Adjustment Mechanism may just change our current course. There are two things […]
Major source of Carbon Emissions
We all love to fly around the world, as the Covid travel ban blues have revealed. But aviation is a major source of carbon emissions, and accounts for a massive 12 per cent of the transportation sector’s carbon footprint. That’s 2 per cent of all human-created carbon emissions. So, what are the clever people doing […]
Window to avert climate impacts closing
UN chief: Window to avert devastating climate impacts ‘rapidly closing’. Drawing attention to the “deeply alarming” report of the Intergovernmental Panel on Climate Change (IPCC) last month, Secretary-General António Guterres spelled out that “much bolder climate action is needed” to maintain international peace and security. He urged the G20 industrialized nations to step up and […]
COP26 summit lessons
COP26 summit lessons – After two weeks of photo ops, discussions, and negotiations, the COP26 summit in Glasgow has come to a close. Now that the dust has settled, what was achieved and what promises have world leaders made to tackle climate change and ensure global warming stays below 1.5°C? There were high hopes that […]