New economic modelling finds Australia could ‘unlock an investment boom’; interest for green hydrogen and investment grows. New economic modelling from the Investor Group on Climate Change finds Australia could ‘unlock an investment boom of $63bn over the next five years’, if climate policies are aligned with a net zero by 2050 target.
New Zealand government supports the development of Tonga’s long-term low emissions development strategy
The New Zealand government has announced NZ$591,000 in funding for the project, led by the The Tonga Department of Climate Change under the Ministry of Meteorology, Energy, Information, Disaster Management, Environment, Climate Change and Communication (MEIDECC).
Corporate emissions targets and action grow worldwide. The Australian Energy Market Operator says Australia is ‘in the midst of what is likely to be the world’s fastest energy transition’.
Investments, subsidies and policies for clean energy and climate change solutions dominate around the world. City of Adelaide and City of Sydney reach 100% renewables for electricity.
Green stimulus and international investment continue to spur climate action, while solar power makes gains in Australia. Access to European Union stimulus funds for Europe’s recovery plan will require alignment with green goals, writes Bloomberg.
Calls for climate to be central in stimulus packages, have been resounding across the world. Here’s a summary of but some of these. Leaders from major corporations including Rio Tinto, BP, HSBC and Shell have come together with the Energy Transitions Commission, urging massive investments in renewable power systems, boosts for green buildings and green infrastructure, targeted support for innovative low-carbon activities and similar measures.
Is a green recovery on the horizon? New stimulus can improve efficiency of old buildings, renewable share increases around the world while Austria and Sweden’s grids just got cleaner.
The coronavirus pandemic has put lives on hold at brought the world to a stop. The ABC’s conversation hour asked if this would mean the issue of climate change taking a back seat.
Since the release of ClimateWork’s 2014 report Pathways to Deep Decarbonisation technology costs are far lower and more advanced. Our seminal report shows not only is net zero emissions possible, it could have considerable economic benefits as we recover from Covid-19.
The latest launch by ClimateWorks Australia, the Decarbonisation Futures report, builds on previous modelling to show that pathways to zero emissions by 2050 remain open, with new technology enabling Australia to achieve an outcome compatible with a global temperature rise of under 1.5 degrees. Amid the COVID-19 pandemic, this work is being looked at in a new light – as a way to rebuild Australia’s economy in a climate-friendly fashion.
Telstra leads the way in emissions targets, councils bring forward their net zero targets, Turkey’s energy is now provided by 49% clean energy. All this and more in the latest good news in climate solutions.
Micro factories for e-waste, seaweed farms to sequester carbon, powering whole towns with food waste. There is no shortage of innovative climate solutions.
Monash Lens: One overarching ask for business and investors: Do you have a plan to achieve zero emissions?
An excerpt from Anna Skarbek’s piece in Monash Lens, One overarching ask for business and investors: Do you have a plan to achieve zero emissions?
In the wake of Australia’s unprecedented 2019/2020 summer fires, ClimateWorks Australia Chair and former Deputy Premier John Thwaits spoke to Virginia Trioli on ABC Melbourne Mornings about his experience as Victoria’s Environment Minister.
ClimateWorks research shows that councils and organisations could save money in the long term by choosing electric for their fleets. CEO Anna Skarbek spoke at the Electricity Vehicle Transition Conference outlining how this could have a huge impact in accelerating Australia’s transition to electric vehicles.
In July, building ministers agreed to develop stronger minimum energy standards for new houses and apartments. It’s a timely agreement that could set Australian homes towards lower energy bills, less strain on the electricity network and fewer greenhouse gas emissions.
ClimateWorks Australia today welcomed the announcement by the Victorian Government that it will adopt a target of net zero emissions by 2050, as recommended in the review of the Victorian Climate Change Act 2010.