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The Business of Green
What's new with sustainability issues in the corporate world? Finance journalist LEON GETTLER susses out the good, the bad and the green.
Solar boost
Friday, 9 December 2011We are now witnessing what looks like an astonishing boom in renewables. More than 1 million Australians now live in homes powered by solar panels and the nation is on track to meet its target of a fifth of its energy from renewables by 2020. That’s a 35 fold increase in solar power.
Still, there is some way to go. Renewable energy generates only about 10 per cent of Australia's power but 80 per cent still comes from the burning of black and brown coal. And emissions are rising, suggesting we have to do a lot more work.
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Get ready for extreme weather
Friday, 25 November 2011The latest report from the International Panel on Climate Change tells us to get ready for some freaky weather. This will continue to businesses and the economy and it's the backdrop to the climate change convention coming up in Durban
Challenges of the new energy era
Friday, 11 November 2011The new legislation locking in a carbon tax and shifting Australia to an emissions trading scheme is the beginning of a new era but the challenges are just beginning.
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Population and climate change
Friday, 28 October 2011As the world population hits seven billion, it raises questions about the impact of population on the environment. Is it about population, or is it about lifestyle choices?
Business, Abbott and carbon futures
Friday, 14 October 2011With the carbon legislation passed through the lower house this week, business are in planning mode.
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Can green buildings save the planet?
Friday, 30 September 2011With a carbon price coming in, there will be more pressure on companies and developers to create green buildings. Certainly the evidence shows green buildings are more energy efficient and produce healthier and more productive workforces. But they can't reduce the country's emissions unless we have a lifestyle change.
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Low emission profits
Friday, 16 September 2011Business has been campaigning against the Gillard Government's carbon price legislation but there's evidence showing that companies that lower their emissions have higher profits and outperform their laggard competitors.
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Wind politics
Friday, 2 September 2011Governments in New South Wales and Victoria have clamped down on wind energy and their decisions are not based on science, they're catering for vested interests. Wind power will generate investment, jobs and income. It's not perfect but it's an important part of the mix.
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Gas creates a stink
Friday, 19 August 2011We are now seeing a clash between food security, environmental risks and energy security in a low carbon world. There are no easy answers. Gas, so much cleaner than coal, could be providing a quarter of the world's energy within 20 years and Australia, with over 100 years' worth of coal seam gas ready to be piped to the surface, is in a great position. But coal seam gas is raising a real stink in Australia with concerns being raised by farmers and environmentalists.
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The carbon tax and banks
Friday, 5 August 2011Of all the sectors that will benefit from the carbon tax, it will be the banks. They will to cash in on the proposed carbon tax by developing new financial products and services that capitalise on a market seen to be worth $10 billion a year.
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