Daily update: Australia urged to set 50% renewables target by 2030
Renew Economy editor@reneweconomy.com.au via mail140.us4.mcsv.net Unsubscribe
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Australia urged to go to 50% renewables by 2030 as first step to zoo carbon energy by 2050, South Australia aims for 50% renewables by 2025; been energy paper focuses on gas, coal and nuclear; fossil subsidies may amount to $39bn a year says new report, how solar will bring about a people’s energy revolution, why Rockefellers dumped Big Oil for renewables. And more:
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Australia urged to set 50% renewables target by 2030 Giles Parkinson
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Major new report from ClimateWorks suggests Australia should aim for 50% renewables by 2030, as important stepping stone to zero-carbon economy by 2050 – when we will still have air-conditioning, drive cars, and enjoy a thriving economy.
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Abbott energy green paper mentions gas 434 times, coal 100 times and nuclear 67. Storage gets 32, solar 26, and wind energy just 13 mentions.
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Australia could go to zero net emissions by 2050, without compromising prosperity and with new economic opportunities if the world goes low carbon.
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Report says unpriced CO2 pollution is biggest energy subsidy ‘by far,’ costing Australia $14-39bn in damage to economy, environment, health, and security.
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South Australia says it has already met its 33% renewable target, and will lift this to 50% for 2025 – if the national RET stays in place.
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Solar power is the spark to energize a new energy economy from the bottom up.
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EU collaboration including Australia’s Carnegie Wave Energy closes in on developing standardised, self-contained offshore electricity generator.
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The heirs to the fortune of US oil tycoons John and William Rockefeller have divested their funds fossil fuel investments and reinvested them in renewables.
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Citigroup says annual solar installations will more than double in Australia by 2020, with global market set to jump to 51GW in 2015.
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Team UOW’s net-zero energy Illawarra Flame House – based on a converted fibro shack – wins another award, this time for engineering excellence.
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Penetration rates of no-carbon generation have increased from 50% to 56% in recent years in Europe.
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