Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
Coalition government MPs such as Barnaby Joyce are keen to cite that China's emissions will rise by 150% by 2030 in order to make their own 26-28% emission reduction target look more impressive. Yet it's not true.
Richard Tol, who is Bjorn's go to man on climate change economics, is at it again making confident predictions that we'll be better off as a result of climate change, with the World Economic Forum helping promote them. Yet these claims have had to be corrected not once but several times once peer reviewed.
In 1962, President Kennedy delivered one of history's most inspiring speeches asking his people to each sacrifice 50 cents per week in order to achieve an amazing scientific and engineering feat that they weren't even sure was possible, requiring technologies that didn't yet exist. We sorely need that same leadership today, not to reach the moon but to save our planet.
We face an immense threat from climate change, yet renewable energy receives less than 2% of publicly funded R&D. A concentrated global technological research effort like the Apollo Program to make renewable energy as reliable and cheap as coal is required.
Analysis finds that 45% of globe's largest corporates are obstructing legislative efforts to constrain carbon emissions, in spite of often promoting themselves as green progressives, including Rio Tinto. But some of the climate heros are villians in other areas of social concern. So what's the lesson here?
While Tony Abbott said there would be few things more damaging to our future than leaving coal in the ground, if the world did burn all fossil fuel resources we now know you can say goodbye to the Antarctic ice sheet and a large chunk of coastline.
Australia's total energy emissions have increased strongly to May, largely driven by increases from electricity generation as well as natural gas, but emissions from use of petroleum fuels have stabilised. While Queensland drives a revival in power demand up to end of August.
If other countries followed the Abbott Government's lead on its 2030 emissions target the globe could give up hope of keeping warming to 2 degrees Celsius, contrary to the Environment Minister's assertions. What's worse is its policies have us on track for emissions 25% above 2005 levels, not 26% below.
Repealing section 487 of the Environmental Protection Act will effectively preclude environmental groups from acting on behalf of affected communities and from performing their important function as a watchdog.
The 2015 El Nino is shaping up as a strong one, similar to the 1982 event that preceded the devastating Ash Wednesday bushfire in 1983. Due to recent research we can now say that stronger El Ninos and La Ninas are to be expected on a warming planet.