Not a single fossil fuel company in the world discloses potential emissions from their reserves – and that is a big problem.
The growth in global production of greenhouse gases has decelerated over the past few years, with 2015 seeing the first actual reduction, of 0.1% compared to 2014 levels.
The market is now pricing wholesale electricity contracts for next year at levels higher than what prevailed when the carbon price was in place.
For the third year in a row, global carbon emissions have remained flat, thanks in large part to declining emissions in China.
Report warns Australia’s vastly underestimated CSG emissions – potentially equal to entire transport sector – would make Paris targets impossible to meet.
Current greenhouse gas concentrations could warm the world 3-7℃ (and on average 5℃) over coming millennia.
Research shows that the introduction of emission standards for light vehicles has considerable benefits for motorists and Australia more broadly.
Australia will likely miss its Paris climate commitments by around one billion tonnes of greenhouse emissions by 2030 if it continues with its current policies.
Australia’s dirtiest coal fired generators will be given carte blanche to keep on emitting, or even increase their emissions under new baselines.