Environment
Bowen's taking us for a ride
Bowen’s proposed vehicle emission rules rely on dodgy assumptions, restrict choice and raise prices while overstating the savings. On the list of things to do about carbon emissions and the cost of living, they are one of the most costly, inefficient options available.
Friday Fodder (6/24)
Are you being underpaid, how should we best mitigate carbon emissions (and how two prominent government advisors got it so wrong), why we shouldn’t bail out the nickel industry, and what’s the most important stock on Earth?
It's time to break a few eggs
This is why we can’t have nice things. Last week, federal Environment Minister Tanya Plibersek decided to block Victoria’s Victorian Renewable Energy Terminal, a port that would have been used for the state’s planned offshore wind industry, citing the damage it would cause to wetlands, including:
Intergenerational thoughts
The Treasury’s latest Intergenerational Report has made headlines for the following claim:
“The direct impacts of higher temperatures on how we work are just one of the channels through which climate change will impact labour productivity, but one which could be significant. If global temperatures were to increase by up to 3°C or over 4°C, without adaptive changes to current ways of working, Australia’s aggregate labour productivity levels could decrease by 0.2 to 0.8 per cent by 2063.