Achieving climate objectives is economically realistic, but won’t be possible without the support of a real transition strategy that is still lacking at all levels of government in Canada.
For decades, economists have pondered the ‘social cost of carbon’ - the price worth paying to avoid the future costs of greenhouse emissions. But a new analysis suggests this quest is impossibly complex.
Despite politically powerful coal communities helping elect a president who vowed guarantee their continued prosperity, their future remains more uncertain than ever.
A wealth tax would put a price on past emissions and could be used to mitigate the negative effects of poverty, including vulnerability to climate change.
Peter Newton, Swinburne University of Technology; Christina Ting, Swinburne University of Technology, and Wendy Stone, Swinburne University of Technology
Australian cities are world-leading – in the worst sense – for resource use and greenhouse emissions. China-born residents have embraced these consumption patterns, which is bad news for the planet.
Amazon, Facebook and Google have lofty goals for their effects on global society. But people around the world are still waiting for the positive results. Here’s what the tech giants could do.
Burning natural gas produces less greenhouse gases than coal or oil. But the methane emissions associated with natural gas production and liquefaction threaten to erode its environmental benefits.
The federal government has signalled its intent to prolong the Emissions Reduction Fund. But surveys of business leaders reveal widespread cynicism about a scheme perceived as politicised and bureaucratic.
The world needs to be carbon-neutral by mid-century to give ourselves a chance of holding global warming to 1.5C. With around 1% of the global carbon budget, Australia needs to rapidly do its share.
Suzi Kerr, Te Herenga Waka — Victoria University of Wellington
With consultation underway to improve the New Zealand emissions trading scheme, experts argue that a reserve price on emissions units could help rebuild confidence in low-emission investment.