ENERGY TRANSITION & CLIMATE CHANGE SOLUTIONS: May 23, 2020

WEEKLY QUOTE:

Primary energy demand in 2020 could decline for oil (–9%), coal (–8%), natural gas (–5%), and nuclear (–2%), while renewables would grow by 1%.

International Energy Agency (IEA)

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Main Headline:

Business, unions and green groups call for sustainable Covid-19 recovery with clean energy transition

A cross-society collection of groups – representing business, the energy industry, property owners, unions, major investors, disadvantaged people and the environment – have banded together to warn that Australia’s prosperity depends on eradicating greenhouse gas emissions.

In a letter to the national cabinet, federal and state energy ministers and Nev Power, Scott Morrison’s handpicked Covid-19 recovery chairman, the 14 organisations have called for government support in the wake of the pandemic to urgently stimulate job growth and rebuild a “sustainable and strong economy”.

They say it should include measures to cut emissions and accelerate a transition to clean energy across all regions and economic sectors, and recommend a focus on fixing inefficient homes and buildings.

Signatories to the letter, sent on 15 May, include the heads of the Business Council, the Property Council, the Australian Energy Council, the Australian Industry Group, the ACTU, the Australian Council of Social Service, the Brotherhood of St Laurence and the Australian Conservation Foundation.

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NEWS AND VIEWS FROM AROUND THE WEB ON ENERGY EFFICIENCY & TRANSITION

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