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Ticking time bomb for climate and investors
IFM chair Garry Weaven takes aim at herd mentality of funds managers taking a short term bet on vested interests winning the climate change debate. His comments came as scientists highlight the increasingly urgent nature of rapid action, and the emerging “carbon bubble” facing investors. -
The Gigatonne Gap is growing. But how to close it?
The UN says the gap between what the world has pledged to do about climate change and what it is actually doing – known as the ‘gigatonne gap’ – is widening. Its proposed solutions, in real action and removing a lot of hot air, have major implications for Australia. -
Turnbull calls out Abbott’s carbon hypocrisy (again)
The federal Opposition’s game of semantics suggests it may well try to axe the carbon tax, but it won’t scrap a carbon price. As Malcolm Turnbull underlined on Q&A again last night, Direct Action is just a short-term policy measure designed to meet a weak abatement target.
