Dooho Shin and Rebecca Mari The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Financial System Theme which focuses on the shifting landscape and new risks confronting financial policymakers. Carbon pricing has emerged … Continue reading Tracking the price of carbon: price substitution effects across energy markets
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Australia’s shift to wind, solar and battery storage has shielded households and businesses from much higher power bills than they would otherwise be paying, a new report has found, debunking Peter Dutton’s constantly repeated claim that renewables are to blame for rising electricity prices. The report, released by the Clean Energy Investor Group on Wednesday, Continue reading »
Our recent research raises an important and challenging question: Are our well-intentioned management interventions like thinning in high conservation value forests truly serving nature, or are they inadvertently accelerating the degradation of these critical ecosystems? These interventions are part of what has been termed Active Management and they include thinning, post-disturbance salvage logging, prescribed burning, Continue reading »
ABC’s Jane Norman is called out for repeating Coalition talking points with Jim Chalmers. Overnight reports claim Israel has killed senior Hamas official Salah al-Bardawil and his family. Former First Minister of Scotland, Humza Yousaf, calls on the international community to realise Israel is out of control, while the Arab League calls on nations to Continue reading »
If you ever need an example of the idiocy and the ignorance behind the Coalition and LNP campaign against renewable energy in Australia, a good place to start would be the federal MP for Flynn, Colin Boyce. The LNP member has staged a relentless campaign against renewables, and the proposed Smoky Creek solar project in Continue reading »
The Albanese Government has jammed itself by trying to not talk about the greatest threat to Australia’s future, but has now opened itself to the charge of playing politics with security issues. The absurdity was on full display in a front-page story last weekend, when The Saturday Paper reported that the government gave a secret Continue reading »
Governments and corporations have been tricking the public by focusing emissions reduction attention on net, rather than real, zero. Reducing methane emissions would reduce global warming quickly and cheaply. Bring back our swamps. Climate bureaucracy salad You are perhaps aware that Australia has a Climate Change Authority (CCA) if only because our federal Labor Government Continue reading »
It feels funny. Here I am, supposedly writing a book about the climate catastrophe as my house, street, town, and region are being buffeted by a category 2 cyclone. Cyclone Alfred. It’s not the first time I’ve experienced the onslaught of extreme weather events while living in the Northern Rivers region of NSW. During 10 Continue reading »
Prime minister showers salmon farmers with treats despite the environmental destruction and massive salmon deaths. Nations have opportunities during 2025 to improve ocean health. Exponential increases in global battery storage capacity. People alive today have produced most of the world’s greenhouse gases. Albanese helps salmon farmers destroy Tasmanian harbours The serious environmental problems caused by Continue reading »
Governments want you to feel powerless, but the tools for change are in our hands. Australia’s economy is failing to decarbonise. Burning trees to produce electricity is phoney environmentalism. You’re never too small to make a difference I attended The Australia Institute’s third Climate Integrity Summit a couple of weeks ago. These summits are not Continue reading »