2/ I get it, I get the economics. A carbon price is an incredibly powerful and efficient policy. But carbon pricing also isn't perfect.
Eg a carbon price does not encourage RE projects to do good community engagement & benefit sharing for local communities - the NSW policy does
3/ A carbon price has proven to be bad politics - divorced from people's day to day lives, so susceptible to scare campaigns. This plays to the advantage of climate laggards not climate leaders.
Then of course there's the issue of offsets & particularly socially unjust offsets.
4/ In general, I reckon it would be good if there was a little more "political economy" in the economic analysis of climate & energy policy.
END
Actually one more point...
Instead of the "silver bullet" approach I feel many have here in Australia, I really like Germany's "kitchen sink" approach to climate & energy policy.
Aka we need all of the policy levers at our disposal, not just one.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Let's start domestically: On Mon the NSW Government @Matt_KeanMP kicked off the week with a 12GW #renewables & 2GW storage by 2030 announcement, backed by a policy mechanism & transmission. The most significant RE policy since @MrKRudd expanded the RET energy.nsw.gov.au/government-and…
Then on Tuesday the Tasmanian Parliament passed their 200% #renewables target through the lower house of their parliament. This is truly world-leading. No jurisdiction in the world that I can find has set a 200% #renewables target.
The analysis by @ClimateWorksAus "suggests over-building renewable energy to 200% capacity – double what the country needs – could be more cost-effective than building to 100%, and would spark new clean export opportunities."
Tonight on @abc730@leighsales asked some serious questions of Scott Morrison on #climatechange. However, there are some additional questions it would have been great if she'd asked...
@abc730@leighsales 1. You talk about not wanting anyone to lose their job - what about the thousands of people who are losing their job in the #renewables industry right now due to the lack of policy certainty and the lack of a plan to decarbonise our electricity sector? Do their jobs not count?
@abc730@leighsales 2. Scientists say that your current plan to cut emissions by 2030 will lead to warming of more than 3 degrees - much higher than the Paris targets - what is the cost of more than 3degrees of warming to the Australian economy?
You're taking a job running a #renewable exports campaign? Renewable exports - what's that? Why is it important?
THREAD
Last year I came up with a #Renewable Exports typology.
I reckon there are six main types of exports.
1. Direct electricity transfer via undersea cables, like the SunCable proposal to export power to Singapore afr.com/companies/ener…
2. Clean hydrogen-based fuel, using #renewable electricity to electrolyze water. Renewable hydrogen can then be turned into other chemicals like ammonia, which can be transported more easily and safely at scale.
"Contrary to public perceptions, solar panel uptake is proportionally more common in roofs of those with lower- to middle socio-economic standing." Great work by @solarcitizens@VEPC_VU@p_hannam
1/For those who say - "what about renters and people who live in apartments?" there are a few options available. 1. Sun Tenants which works by splitting the benefit of #solar between landlords and tenants - suntenants.com@SunTenants