The G7 + Australia are in the spotlight at the Climate Conference starting Sunday 7th Nov. The principle that rich countries are responsible for historical greenhouse emissions, so should cover some of the bill for poorer
countries for climate damages - will be a major focus of the COP27 conference over two weeks in Egypt.So far:$693 Billion: Financial support for fossil
fuel companies provided by G20 countries 2021$58.4 Billion: Combined profits of five largest fossil-fuel companies, 3rd quarter
of 2022$16.8 Million: Donations made by rich
countries to cover loss and damage.Watch this space.... https://qz.com/2019457/g7-countries-are-shortchanging-the-climate-by-billions-of-dollars
Victoria has joined all the other Australian states in aiming high on 95% renewables by 2035 and rapidly phasing out coal-fired power. The Government will "replace polluting, privately owned coal with clean government owned renewable energy" with a $1bill commitment to the delivery of 4.5GW worth of renewable energy projects:This follows major announcements from the Qld, NSW and WA states with similar targets. It differs somewhat in the increased government involvement.And this only covers energy and does not yet address emission reduction in the other sectors, especially transport and agriculture - but watch this space:https://www.innovationaus.com/victoria-commits-to-95-renewables-target-by-2035/
Electric mobility - via EV's - is a clear pathway to zero-emissions transportation. In this article, Andreas Lips, president and CEO of Shell Recharge Solutions in North America/Asia–Pacific, describes what infrastructure is required for the expected rapid uptake of EV's.We need clean energy, distributed through the grid. But in
many countries, including Australia, "the grid is not ready for electric-vehicle charging at
scale"."Three concepts need addressing: open standards, interoperability, and energy management". "EV charging will happen where it’s most convenient for the consumer and
businesses. And that drive for convenience will drive the future of
e-mobility".https://www.
Australia’s Good Car Company has an ambitious, world-first approach to
getting more EVs on the road.
“The simplest thing was to find used EVs from overseas and bring them over,”
said co-founder Broese van Groenou. While importing 500 EVs may be small,
demand is skyrocketing along with gasoline prices.
Now they are sourcing large volumes of used cars from Japan (right-hand
drive, low mileage and good quality), via a bulk purchase arrangements
for specific communities.
Mike Cannon-Brookes' https://www.boundless.earth/
has invested to help with the risk.
Councils and buying groups around Australia are starting to sign up.
https://www.climateandcapitalmedia.com/the-little-car-compan
Further reduction of coal-fired power in Australia has been confirmed (Sept 2022), with major renewable initiatives by the Queensland, NSW and Victorian Governments and the early closure of AGL's Loy Yang power station. The NSW Government is launching their Electricity Infrastructure Roadmap and first Renewable Energy Zone tender. The Queensland government aims to achieve 80 per cent renewables by 2035 and Victoria announced its first big energy storage target, using “advanced inverters” from a big battery to supply system strength. Together with the AGL departure, the 100% renewable target is is sight.https://reneweconomy.com.au/stunning-week-of-early-coal-closures-opens-path-to-100-pct-renewables/
