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.
So now it looks like solar and wind technologies will be the cheapest way to make electricity by 2030. That’s the finding of a new Australian Energy Technology Assessment from Australia’s Bureau of Resources and Energy Economics, prepared by engineering firm Worley Parsons. The report also opens the door for nuclear energy.
The government has released a national food plan which raises the question of how we are going to choose between food security and energy security with coal seam gas encroaching on farm land.
The carbon price is a game changer. A carbon price is the most important and transformative changes to the economy since the floating of the dollar and the GST. Despite the Coalition's "blood oath" to scrap it after the next election, everyone expects it will stay in place. The world is watching Australia.
Warming oceans are threatening the billions of people around the world who are dependent on marine ecosystems. Warming oceans are now a threat to food supplies and are robbing the oceans of fish.
Nowhere are the implications of the climate crisis more visible than in the Arctic. And it's attracting various powers looking for oil and other resources that will be discovered with the melting ice.
Scientists are now warning a possible return of the El Niño weather pattern in the second half of 2012. That means one thing: more heavy rainfall and more droughts. If what we saw 14 years ago is any guide, it’s going to be disastrous.
Controversy has erupted around around the The Australian Nuclear Science and Technology Organisation applying for a licence to store the waste in an 800 square metre interim warehouse at Lucas Heights from 2015. Locals are angry and Australian governments are reluctant to find a proper storage facility. It's an out of sight, out of mind policy.
Business and vested interests are saying that the proposed $23 a tonne carbon price is too high but the economics of it are simple: if the price is too low, it will discourage investment in renewable energy technologies and continue the high emissions creating climate change
Climate change is a health hazard. More Australians face dying in heatwaves and they have a greater risk of catching infectious diseases as a result of climate change. Rising temperatures, more natural disasters and changing rainfall patterns will have to affect people's health as much as the environment.
State governments around Australia are now dismantling programs to fight climate change. It will increase emissions