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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. -
Bill Shorten can make Tony Abbott look silly on carbon pricing
New Labor leader Bill Shorten’s support for carbon pricing is actually a deft assault on Tony Abbott’s weak spot, his hard right flank. International pressure for market-based climate solutions is mounting, and Australia’s credibility hangs in the balance. -
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.
