Is corporate capitalism incapable of achieving the levels of decarbonisation necessary to avoid dangerous climate change? A new book asks the question.
Tag: "low-carbon economy"
What would global electricity generation emissions look like if the world used just one generation technology? The result reveals a stark comparison.
US President Barack Obama says it’s time to by-pass ‘flat-earthers’ and act on the moral obligation to curb carbon pollution. Unable to introduce a carbon price, his plan instead invokes direct action – but with real bite; doubling down on coal and power plant emissions and doubling up on efficiency and renewable generation on public lands.
When it comes to the shift to a low-carbon economy, many are so busy looking at politics for signs of change, they’re missing the signs in the market. Policy might be essential, but markets deliver solutions – and the signs are that this process is now well underway. Meanwhile, that carbon bubble just keeps getting bigger.
What began as a predominantly ecological question is rapidly transforming into an economic one, putting the global climate movement on the verge of a remarkable victory that would include the removal of the oil, coal and gas industries. And the greatest transfer of wealth and power the world has ever seen.
With the carbon price and bipartisan support for Kyoto 2, Australia is well placed to use the Doha climate summit to help strengthen global ambition.