New
Zealand climate minister says governments must not just return to the
way things were, and instead plot a new course to ease climate change
James Shaw
James Shaw, New Zealand’s climate change minister, has asked the
country’s independent climate change commission to check whether its
emissions targets under the Paris agreement are enough to limit global
heating to 1.5C. He explains why he’s prioritising the issue during a
strict national lockdown to stop the spread of Covid-19, which could
send New Zealand’s unemployment rate soaring.
To say that we find ourselves in an unprecedented moment is so
obvious and has been so often repeated it’s almost become white noise.
What is less obvious, however, is where we go from here.
In any significant crisis, let alone one as catastrophic as the
Covid-19 pandemic, it is an entirely understandable human reflex to want
things to “return to normal”, to “go back to the way they were before”.
And, when faced with economic headwinds – in recent decades, the
Asian financial crisis, the global financial crisis and, in our own
case, the Christchurch earthquakes) successive governments the world
over have directed their efforts to meeting public expectation and
getting back to business as usual.
Unfortunately, one of the features of business as usual was a highly
polluting and ecologically unsustainable economy on a pathway that was
locking in catastrophic climate change.
Successive responses to economic crises have seen climate change and
the natural environment we depend on for life on Earth as a
nice-to-have, something to think about once we’ve got the economy back
on track and there’s a bit more money to go round.
"As
Australia scrambles to avoid its first recession in three decades,
economist Ross Garnaut says it is "exactly the right time" for
government to throw cash into renewable energy infrastructure.
The
global outbreak of COVID-19 has already taken a bite out of tourism,
education and export industries, with the federal government working on a
stimulus package to stave off a recession.
Professor Ross Garnaut says government should be investing in renewable energy. Credit:Louie Douvis
Professor
Garnaut said the country could not avoid sliding into a recession, but
governments could "shape the way we come out of it".
"Even if
there was no disruption in Australia from the virus, what has already
happened to the economies of our major trading partners is deeply
damaging to the Australian economy," he said, speaking at a CEDA lunch
in Brisbane on Wednesday.
"The
pure economics say right now is exactly the right time for major
investment in the industries and infrastructure of the future."
"The high cost of transporting renewable energy overseas made
Australia the perfect candidate to process its own iron, aluminium and
other raw minerals, he said.
"Play it right and Australia has
exceptional opportunities for new areas of prosperity and economic
expansion in the zero-emissions world economy," he said."