Team UOW’s net-zero energy Illawarra Flame House – based on a converted fibro shack – wins another award, this time for engineering excellence.
Just as Australia dumps its carbon price, investor groups representing $24 trillion of funds under management call for carbon pricing across the globe, as the push for a new international climate agreement gathers pace.
The news gets worse and worse for the coal industry, but the smart investors have already bailed from the sector. Despite this, Australia continues to bet the future of its economy on a commodity in terminal decline, and turn its back on the technologies of the future.
Two months after Australia’s trashes its carbon market, China unveils plans for $65bn carbon market – a price of around $18/tonne
It’s not renewables that are causing Australia’s electricity over-capacity, its old and dirty coal-fired generators. AGL Energy says three quarters of the country’s coal plants are past their used-by date and some should be retired.
Cleantech stocks in Australia lost ground in August, but those in China surged. Perhaps it has something to do with policy environment.
Former GetUp director Simon Sheikh launches Australia’s first fossil fuel free super fund as coal and oil divestment campaigns gain momentum.
Greenpeace’s campaign to get USYD to divest from Whitehaven Coal could be the thin end of a campaign that could embarrass coal investors and analysts alike.