Australia Still Immobilized On Climate Policy, Even As Barrier Reef Dies And Midwinter Drought Burns
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Shortly after taking over as prime minister last month, Scott Morrison got on a plane and toured a drought-stricken farm in Queensland, announcing measures to aid the stressed agricultural sector. Yet as for broader climate policy, Australia appears as far away as it has ever been from a consensus on what should be done.
The staggering thing is we arent leading the world, said John Hewson, former leader of the now ruling Liberal Party who has worked as an economist for the Reserve Bank and the International Monetary Fund. We should be showing them what can be done and the business opportunities from that in terms of investment, in terms of jobs, in terms of growth, are very significant. And theyve just been cast aside like they dont matter."
The road block: politics. Morrison came to the prime ministership after months of toxic infighting over energy policy saw Malcolm Turnbull lose a leadership vote that resulted in the nations sixth change of leader in 11 years. The new prime minister who once brandished a chunk of coal in parliament as a show of allegiance to that sector quickly ditched Turnbulls contentious plan to lock in carbon emission reductions, leaving the government with no settled energy policy ahead of an election that must be called by May.
With Australia battling bush fires in winter and the Great Barrier Reef facing slow destruction due to coral bleaching, voters want action. An Australia Institute poll this month showed that 73 percent of Australians are concerned about climate change, up from 66 percent last year. And just over half of people surveyed think governments arent doing enough. Poisonous politics is also hitting business. Australias total investment in clean energy soared to a record $9 billion last year, largely driven by a rush to fulfill a government target that winds down in 2020. Investment will fall off a cliff over the coming years unless there is a major change in government policy, according to Bloomberg New Energy Finance.
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https://www.bloomberg.com/news/features/2018-09-26/even-in-dry-australia-politics-mean-climate-change-gets-ignored