"Australia is host to a stranded asset. That is, something once valuable that is now worthless as events have moved on.
We call it Canberra. Specifically, Parliament House. Even more specifically, the federal energy and climate debate.
The rest of the country has moved on. The Coalition government and the Labor opposition are both policy anachronisms stuck in a cul de sac of dead arguments.
"The Minister for Energy and the Environment in the Liberal government of NSW, Matt Kean, has a message for Canberra:
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| Carbon tariffs will soon impact on trade. |
"As Kean's comments demonstrate, Australia's state governments are moving on, too. Including Liberal ones. Consider four of the developments in the real world – the digital world of Kean's metaphor, as opposed to the vintage-model videotape – in Australia in just the past four days.
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| Our Renewable Future |
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| Climate Criminals |
On
Friday, the big Australian insurance firm Suncorp announced it would no
longer invest in, finance or insure any new oil and gas ventures.
That's on top of its policy banning dealings with new thermal coal. It
has pledged to phase out all its thermal coal exposures within five
years.
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| Climate Criminals |
Read the original August 21, 2020, SMH article
Related: Revealed: how the gas industry is waging war against climate action (excerpt) : The Guardian
#climatechange, carbon addiction, #carbonstorage, #climatecriminals, #corporations, #farming, #economy, #fossilfuelcompanies, #trade-tariffs-on carbon-offenders

















