Smart Energy: Conference Edition
Volume 39. Issue 153. Autumn 2019
FOR THE PAST SIX YEARS the erosion of climate action by the government has been nothing more than spectacular.
In future a book will be written about how badly the Liberal Party damaged its brand, and a physiological analysis undertaken of how the party was captured or owned by thinking that to address climate change made no economic or environmental sense.
Almost every year this government has been in control our national emissions have risen. Why the government fails to ensure our national emissions are actually falling every year by 2-3 per cent makes no sense.
The renewables industry has ploughed forward in the face of it, but now stands on a knife-edge. Without any policy direction, ensuring renewables replace our aging fleet of clunkers will require guts. Guts in finance translates to higher returns and higher returns for the risk translates into higher prices, all caused by policy failure.
Australia has a very impressive pipeline of mega projects that will transform our power economy and due to their scale, and in some cases location, produce power at super competitive pricing. To make these projects a reality we need a carbon pathway that is consistent with the climate science and a regulatory system that shows a level of urgency. That is not going to be forthcoming under the current government.
In addition we are moving from just renewable power towards renewable chemicals. This development is significant. We have the technology to replace the production of many high carbon intensive chemicals with renewable chemicals and thereby create significant extra demand for renewable energy and chemical production facilities that operate only when power is in excess, providing unique balancing assets to the energy system.
Once hydrogen is produced with renewable energy the door is open to ammonia and manufactured natural green gas. Renewable power can now be transformed and shipped across the world. All we need is a little vision and a willing government. The release of the Intergovernmental Panel on Climate Change 1.5 report highlighted the serious climate situation we face is now an emergency.
That is why I am standing for election this year to replace a federal environment minister that contributed to our climate emergency and has left Australia in the energy transformation slow lane.
Get involved in the campaign here.
For more information please call Adrian Dodd 0401 726 476