TITLE: Carbon Pollution Reduction Scheme, international negotiations on Climate Change, people smuggling - transcript 21 April 2009
PORTFOLIO: Environment, Water, Heritage and the ArtsURL: http://www.environment.gov.au/minister/wong/2009/tr20090421.html
SNIPPET: You are here: » Transcripts. The point I made yesterday is that those who argue - and Mr Turnbull is one of them - that we need a global agreement on climate change need to understand that the passage of the CPRS legislation, the Carbon Pollution Reduction Scheme legislation, is key to a global agreement in Australia's national interests. So if Mr Turnbull is serious about action on climate change he's going to have to front up to the Carbon Pollution Reduction Scheme as the plan to ensure we can reduce Australia's carbon pollution.
Climate change projects & green jobs
Minister for Innovation, Industry, Science and Research - Media Statement - 21-04-2009
Showing posts with label International Climate Framework. Show all posts
Showing posts with label International Climate Framework. Show all posts
Wednesday, April 22, 2009
Wednesday, October 22, 2008
The wind shifts for renewable energy
THE prospects of renewable-energy companies soared with oil prices, but the global credit crunch and the easing of energy costs have brought them back to earth with a thud.
Stronger players, such as Iberdrola of Spain, are buying wind farms from cash-strapped rivals.
With banks reluctant to lend and their stock prices tumbling, many green-energy concerns are struggling to find the long-term funding they need to expand in a capital-intensive industry.
In the past three months, global renewable-energy stocks tracked by New Energy Finance, a London-based consultancy, have dropped about 45 per cent, compared with a 23 per cent decline in the Dow Jones Industrial Average over the same period.
Stronger players, such as Iberdrola of Spain, are buying wind farms from cash-strapped rivals.
With banks reluctant to lend and their stock prices tumbling, many green-energy concerns are struggling to find the long-term funding they need to expand in a capital-intensive industry.
In the past three months, global renewable-energy stocks tracked by New Energy Finance, a London-based consultancy, have dropped about 45 per cent, compared with a 23 per cent decline in the Dow Jones Industrial Average over the same period.
Friday, August 15, 2008
Exploring China’s Growth
Preventing the Tragedy of the CO2 Commons:
Exploring China’s Growth and the International Climate Framework
Under reasonable assumptions, China could achieve parity in living standard with Western Europe by 2100, and India by 2150. Climate change, however, may be a key obstacle preventing such a convergence. The business-as-usual (BAU) growth path of the world economy might increase concentrations of atmospheric greenhouse gases to unsafe levels and cause significant negative environmental feedback before China achieves parity in living standards with the OECD countries. We use a dynamic multi-country general equilibrium model (the G-Cubed Model) to project a realistic BAU trajectory of carbon dioxide (CO2) emissions, and we find it to be even above the CO2emissions from the high-growth scenario estimated by the Energy Information Agency in 2007. This outcome is a reminder that it has been usual so far to underestimate the growth in China energy consumption.
Exploring China’s Growth and the International Climate Framework
Under reasonable assumptions, China could achieve parity in living standard with Western Europe by 2100, and India by 2150. Climate change, however, may be a key obstacle preventing such a convergence. The business-as-usual (BAU) growth path of the world economy might increase concentrations of atmospheric greenhouse gases to unsafe levels and cause significant negative environmental feedback before China achieves parity in living standards with the OECD countries. We use a dynamic multi-country general equilibrium model (the G-Cubed Model) to project a realistic BAU trajectory of carbon dioxide (CO2) emissions, and we find it to be even above the CO2emissions from the high-growth scenario estimated by the Energy Information Agency in 2007. This outcome is a reminder that it has been usual so far to underestimate the growth in China energy consumption.
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