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.
Janaline and Glenn discuss different ways of raising revenue for the government and the effects of different approaches on how people behave and therefore how much can be raised.