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Parliament set to debate $1 billion energy fund Labor fears will reward fossil fuel projects
November 2020

Australian Associated Press

The $1 billion Grid Reliability Fund will be debated in the House of Representatives on Wednesday amid a debate over the future of fossil fuels.Labor and environmental groups have argued the laws are flawed as funding could flow through to gas and coal projects. The Climate Action Tracker report by international climate science and policy institute Climate Analytics says that coal-fired power can be phased out by 2030 in a planned and regulated process to enable a just transition - using renewables and advanced storage - without gas.
Joe Biden’s move to net zero emissions will leave Australia in the (coal) dust
November 2020

The Guardian

The election of Joe Biden to the White House is likely to see Australia increasingly isolated as the world heads to net zero emissions, with quite fundamental implications for our economy. Australia needs a forward-looking strategy aimed at taking advantage of its massive natural advantages in renewable energy and the resources essential for the low and zero carbon transition, and one that provides for a just transition for the communities and workforces affected by the rapid reduction in the markets that they have hitherto dependent upon. There is no time to be lost dithering, denying and obfuscating - op-ed by Climate Analytics CEO, Bill Hare.
US vote to shape how world warms as climate pact exit looms
November 2020

Associated Press

What happens on US election day will to some degree determine how much more hot and nasty the world’s climate will likely get, experts say. According to the Climate Action Tracker, Biden's climate plan could reduce global temperature increase by about 0.1°C.
The enormous COVID-19 recovery plans show there’s money to solve climate change
October 2020

Fast Company

We’re spending 15% of global GDP on one crisis. What would happen if we treated the climate crisis the same way? “One of the messages of this is that tackling climate change is not that expensive, which is contrary to the narrative that we often hear—that this is a crazy, expensive mess” - Marina Andrijevic, first author of a new study published in Science.
Tenth of pandemic stimulus spend could help world reach climate goals - study
October 2020

Reuters

The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependence on fossil fuels, according to a study published on Thursday. The world could start to bring the Paris Agreement 1.5°C temperature target within reach if governments used 10% of the planned stimulus to back climate-friendly projects such as renewable energy or energy efficiency every year for the next five years, according to the paper, published in the journal Science.
South Korea pursues Vietnamese coal plant, drawing international criticism
October 2020

Climate Home News

A South Korean majority state-owned utility has approved investment in a coal power station project in Vietnam, undermining the government’s “green new deal” rhetoric. Climate Analytics chief executive Bill Hare said: “Vietnam is in the process of gradually moving away from coal and learning how it can take advantage of its renewable resources. The Korean government should not be discouraging that. It should be helping to accelerate that.”
5 burning questions about China’s carbon neutrality pledge
September 2020

Climate Home News

China’s pledge to achieve carbon neutrality before 2060 has been hailed as the most important milestone in global climate policy in the last five years. If China achieves its goal by 2060, it could lower global warming projections by 0.2 to 0.3C, the single biggest reduction measured since countries signed the Paris Agreement in 2015, according to Climate Action Tracker (CAT).