Australia’s new government plans an increase in renewables

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Now that gangs like the Scott Morrison haters have been purged by Australia’s voters, the country’s obstruction of renewable energy initiatives is coming to an end – and not a moment too soon for Australia and the world !

On Friday, newly elected Prime Minister Peter Albanese addressed an international conference convened by US President Joe Biden and announced that Australia had now fully signed on to the Paris climate accords by adopting a plan that would cut emissions of the country’s carbon by 43% by 2030 compared to 2004. levels. The Morrison government has staunchly refused to take meaningful action to reduce emissions, setting Australia back almost a decade behind other countries.

This is what climate leadership looks like

The Minister of Climate Change and Energy of Albanese, Chris Bowen, told the top of investment and finances on climate change in Sydney this week that a good climate policy was also a good economic policy. “As we continue to unleash investment, we will show that the global climate emergency is indeed Australia’s jobs opportunity.” He said the government would seek to use Australia’s solar and wind resources, as well as skilled labor and energy storage space, to become a clean energy exporting superpower. .

“For too long Australians have been led to believe that climate change poses a choice – environment or economy, cities or regions,” he told the summit meeting. “Good climate action can benefit us because the truth is that good energy policy is the key to good economic policy. Australia is under new management and Australia is open for business in the new global economy.

David Scaysbrook, co-founder and managing director of Quinbrook Infrastructure Partners, told Australian Associated Press that Bowen’s statements were the “clarion call to action we’ve all been waiting for.” Rather than being held hostage by the industry of yesterday, it is urgent to act to create the industry of tomorrow and that is where this government wants to take us. Leading and all this new investment, job creation and decarbonization that we hope will come to accelerate towards us. He ended by saying, “This is what climate leadership looks like.

An energy crisis in Australia

While Texas is experiencing record high temperatures, parts of Australia are facing unseasonably cold weather that is straining the power grid. The Albanian government has temporarily suspended the country’s energy market to help curb wildly fluctuating energy prices. This week, Chris Bowen resisted calls to extend the life of Australia’s coal-fired power stations as a stopgap measure to deal with the situation. According The Guardianhe said the new Labor government believes further investment in renewable generation and storage is a better option.

The Albanian Prime Minister said that the Queensland and South Wales energy crisis, which has led to residents to reduce their electricity consumption, should be an “incredible source of embarrassment” for the government previous coalition. “You can’t fix a decade of inaction in 10 days. What you can do is provide that certainty in the future, while dealing with the immediate pressures that exist,” Albanese told a press conference in parliament.

The Prime Minister said the current situation had revealed “weaknesses” in electricity policy when asked about the parameters that could induce producers to raise prices. “All the lessons of what is happening will be considered, and if there are to be policy adjustments, they will be made,” he said. “It’s the direct result of a failure to invest, a failure to have an energy policy. Following this, we have the circumstances which [grid operator] is treated. What we have seen is policy failure leading to market failure.

Bowen dismissed the question of whether new investments in coal power would be a short-term solution. “The problem is that there is not enough investment in renewable energy. There has not been enough investment in storage,” he said.

Supporters of the ousted leader Scott Morrison claim that the energy crisis is the fault of the new government, which led to a rather breathtaking response from the South New Wales Minister Matt Kean, during a radio interview led on Thursday. Kean blamed the situation on a “confluence of events” that led to the energy crisis. “I always take responsibility, but let’s be very clear. I did not invade Ukraine. I didn’t make the generators obsolete and I certainly didn’t make the weather cold,” he said.

Deputy Minister of Climate and Energy, Jenny McAlister, has supervised the government’s updated climate objectives as an important message for young people, saying that the policies of the Morrison government had jeopardized their future. “This is an important economic reform. It is also an important strategic reform. This matters a lot in our region. But for me, it is also a democratic reform. When I speak to young people over the past few years, it breaks my heart to hear that they think the Australian government has let them down,” she said.

Takeaway meals

The Morrison government has set Australia back almost 10 years, just as Trump’s bad administration has set the United States back 4 years with his passionate embrace of fossil fuel companies. The difficulties of the transition to renewable energies are enormous. Fossil fuels have provided the energy to power human civilization for over 150 years. Their roots have permeated societies at all levels.

But a simple analysis shows that renewables have a huge economic advantage over fossil fuels. The cost of “fuel” – sunlight – is zero. This allows energy producers and users to predict with great accuracy what the cost of electricity will be decades from now – something not possible with fossil fuels which are susceptible to the crazy ravings of lunatics like Vladimir Putin. and the vicissitudes of armed conflict.

The world won’t run out of sunshine for a few billion years, but it will run on our coal, oil and methane for the next century. And it won’t be able to sustain human life long before that unless we stop relying on them as the basis of our economic system almost immediately.

A prudent businessman understands that spending money to solve problems today is almost always cheaper than spending money to solve the same problems later. Just imagine if that climate memo submitted to President Carter in 1977 had been acted upon then. Bowing to pressure from the fossil fuel industry has cost Americans billions of dollars.

Kudos to Australia for overthrowing the despicable Scott Morrison Contingent and laying a path to a low carbon future. This is proof of the old adage that if the people lead, their leaders will follow.


 

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