Carbon Economy

The ABC’s Gareth Hutchens published an article explaining the incompatibility between Australia’s growing population and reducing its carbon emissions.

The Climate Change Authority has warned that Australia must cut emissions by 75% by 2035 to limit global warming to 1.5 degrees.

Philip Oldfield, head of UNSW’s school of the built environment and a researcher in sustainable and low-carbon architecture, has penned an article in The Guardian warning that the federal government’s target of building 1.2 million homes over five years risks blowing Australia’s emissions targets.

Again, forgive my lack of charts.

Australia’s last major plastics maker, Qenos, is set to close by the end of the year after creditors approved its sale to property developer Logos.

You simply cannot have the universe’s largest property crash and keep growth running consistently. In April , the manufacturing purchasing managers index ( PMI ) was 50.4% , down 0.4 percentage points from the previous month.

The IEA released its annual CO2 data for 2023 last Friday.

In this week’s episode of The Treasury of Common Sense with Radio 2GB’s Mike Jeffreys, I explained why the Australian Greens’ advocacy for higher levels of immigration runs counter to the party’s faux concerns over the environment, ‘net zero’, and housing affordability.

A nice wrap from Bloomie summarizes the problems with the LNP energy policy and Small Modular Nuclear Reactors (SMRs).

Teal MPs in Sydney’s, Melbourne’s and Perth’s traditionally blue-ribbon seats are pushing for a much more ambitious 2030 emissions reduction target than the federal government’s legislated policy of 43%.

A debt deflation, as described originally by Stanley Fisher in 1933, refers to a situation in which the overall level of prices in an economy falls, leading to a decrease in the value of assets and an increase in the real burden of debt.

CBA Senior Economist and Senior Currency Strategist, Kristina Clifton, has published research estimating the amount of capital expenditures needed for Australia to transition to ‘net zero’ carbon emissions.

The Albanese government’s targets of a 43% reduction in carbon emissions by 2030 and ‘net zero’ by 2050 are already looking dead in the water.

The Albanese government’s target of a 43% reduction in carbon emissions by 2030 is partly based on expectations that electric vehicles would account for 89% of all new car sales by that date.

A report from the Green Building Council of Australia, reported in The AFR, shows that Australia had more than 10.9 million homes in mid-2022, and this is expected to increase by 40% by 2040.

Queensland’s state cabinet has approved the construction of a new desalination plant north of Brisbane, with the plant expected to cost between $4 billion and $8 billion to build.

By Stephen Saunders Captivated by the UN climate emergency, our smug ruling classes happily endorse Albanese’s regressive population-housing emergency.