The Coalition spent over a decade coaching Australia into a state of learnt helplessness over any action on climate change.
And, in the process, making Australia a richer country than it has ever imagined, he says in his new book,The federal election result in May “liberated a wider spectrum of the Australian community to talk honestly about climate change and the transition to zero net emissions,” Garnaut says. His book, co-authored with other experts, is a part of that liberation.Louise Gronold
And Kevin Rudd commissioned him to write the Garnaut Climate Change Review of 2008. It formed the basis for much of Labor’s climate policy until that government destroyed itself through a mad outbreak of regicide. Australia’s opportunity to become the “superpower” of the zero-carbon world is built on five endowments that it has in greater abundance than any other on earth, relative to the size of its population and economy, says Garnaut, professor emeritus at Melbourne University.First is the cheapest renewable energy in the developed world and competitively priced storage potential.
Today, China produces more steel than the rest of the world put together. It’s the source of 17.5 per cent of all China’s carbon emissions, second only to the electricity sector. The fourth key Australian endowment is its reserves of critical minerals – or, as Garnaut prefers, “energy transition minerals” – essential to manufacturing the gear for the zero-carbon economy. These include silicon for solar panels and computers; a range of metals for wind turbines; and minerals for batteries and electric vehicles including cobalt, nickel, manganese, magnesium, graphite, lithium, vanadium, titanium and other rare earths.
Nonsense. At 1.3pc of global emissions, forget net zero… sacrifice the economy and go actual zero. Still no difference. Though it might be worse as demand for our already low emitting products shifts to higher polluting nations.
8% of world pollution.........interesting assumptions?
Professor Garnaut should try stand up comedy, would be very popular in inner west.. he’s clearly got some good material..
Shipping lanes to China would be busy although Ship Building in Australia could see a Renaissance. The Soundbites are always good with Decarbonisation.
Usual narrative. Hilarious.
1.5% of global emissions. “Crucial.” LOL.
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