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Direct Action trashed as “wishful thinking” and unfinanceable
Federal government’s Direct Action policy trashed by Bloomberg New Energy Finance, describing it as an exercise is wishful thinking. This comes as Tony Abbott’s main business advisor Maurice Newman renews his attack on climate science and renewable energy.6 -
Paying coal plants to exit market may be costly and dirty
A new study from UNSW questions whether paying coal fired generators to exit the electricity market is necessary or would reduce emissions as much as claimed. It suggests a better use of Direct Action funds would be to increase the deployment of renewables. -
Tony Abbott may need CEFC to save Direct Action
Tony Abbott faces a near impossible task tailoring Direct Action to meet current and future emission reduction targets. The CEFC could deliver abatement at negative cost to the government, and help solve its problems about what to do with ageing coal assets. -
Election13: Abbott government could be worse than we feared
The policy revelations of the past week suggest climate action and clean energy investments are doomed under a Coalition government. The fate of an industry may depend on the Senate performance of the Greens, and independents such as the Brick with Eyes. -
Tony Abbott’s climate policy: the science is still crap
Tony Abbott’s revelation that the Coalition may not meet even a 5% reduction target suggests that the Opposition leader still thinks climate science is crap. Its ironic then, that the IPA should be launching a new anti-science book just two days before the election. And don’t count on Labor to hold them to account.
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