Australia risks pushing low-emissions industries to grow at unsustainably high rates if it fails to jettison its industry-neutral, least-cost approach to industry development, says a new WWF report.
Averting runaway climate change requires "nothing short of an energy revolution", according to a Greenpeace report to be launched in Sydney today by Australia Institute founder Clive Hamilton and Greens Senator Christine Milne.
The Australian Conservation Foundation tells the Wilkins review the Mandatory Renewable Energy Target scheme is an essential policy measure, while the Business Council of Australia suggests more precise targeting.
The head of the International Energy Agency told last week's major economies meeting in Hawaii a "CO2 incentive" of US$200 a tonne would be needed to deliver a 50% cut in emissions by 2050, the IEA revealed yesterday.
Meanwhile, the head of Australia's mining union, Tony Maher, has canvassed the creation of a new climate change pressure group and has urged resource companies to massively boost their spending on carbon capture and storage.
Office and residential property developer Investa is backing a call by the Australian Conservation Foundation for all political parties to support a national 'feed-in' tariff to make solar PV systems more economically viable. (plus audio)
An alliance of major environment groups is warning businesses wanting to use their electricity purchases to drive new investment in renewable energy generation that some energy retailers are providing "seriously misleading" descriptions of their green electricity products.