Janaline, Luke and Glenn discuss why the Australian government continues to approve extensions and expansions of export coal and gas projects. They look at whether stopping new projects would actually reduce global emissions, or potentially make it harder for Australian governments to persuade their trade partners to decarbonise. Is sovereign risk real or overblown? And what is the best strategy to reduce global emissions? Spoiler alert - decarbonising global heavy industry supply chains might help.
Renewable energy is really taking off in Australia, but is it fast enough to meet the Government’s target of 82% by 2030? The McKell Institute and the Electrical Trades Union have recently released a report calling for a publicly-owned renewable energy entity to provide affordable, reliable renewable electricity to large industrial projects to accelerate the transition of Australia’s industrial and export base from fossil fuels to clean energy. Janaline, Luke and Glenn discuss the pros and cons of publicly owned energy generation, and the opportunities it can present for Australia’s industrial future. Spoiler alert - we think this is a terrific proposal.