Green jobs and investment key to reaching the top as summit continues
Friday, 2 September 2022
Veteran economist Ross Garnaut says Australia is better placed than any other country to prosper from the global energy transition and used his keynote address at the jobs and skills summit to call for investment in renewables.
As environment minister Tanya Plibersek spruiks plans to intensify the commodification of nature by creating a ‘Green Wall Street’, The Greens have called for all environmental offsets schemes to be suspended after an “utterly damning” review found the NSW system was failing to protect endangered species.
And the sham of carbon capture and storage (CCS) is being further laid bare, with a new report revealing more than half of the world’s 13 ‘flagship’ CCS projects underperformed, two failed, and one was totally mothballed.
Australia needs vast investment in renewables to escape economic funk: Garnaut
Leading economist Ross Garnaut says “Australia is better placed than any other country” to prosper from the energy transition, with the potential to turn from global laggard to global leader.
Australia's export job opportunities are in the global green economy
The Australian government can and must do more to seize the job-creating opportunities offered by a greening global economy.
The Greens have called for all environmental offsets schemes across the country to be suspended pending an independent review, after the NSW system was found to be riddled with integrity concerns and failing to protect endangered species.
Carbon capture doomed to fail, report says
Pumping carbon under the sea from gas rigs or storing it underground "simply won't work" as a climate solution, an independent energy researcher warns.
A coal mining company's proposal to reopen and extend a dormant underground operation in NSW could cause "significant and unpredictable" damage.
Government pumps $44m into hydro projects to plug energy gaps
The state government will announce funding for five new pumped hydro schemes across NSW, from the Illawarra to Bathurst and as far north as New England.