Superpower: Australia's Low-Carbon OpportunityThe fog of Australian politics on climate change has obscured a fateful reality: Australia has the potential to be an economic superpower of the future post-carbon world. We have unparalleled renewable energy resources. We also have the necessary scientific skills. Australia could be the natural home for an increasing proportion of global industry. But how do we make this happen? In this crisp, compelling book, Australia’s leading thinker about climate and energy policy offers a road map for progress, covering energy, transport, agriculture, the international scene and more. Rich in ideas and practical optimism, Superpower is a crucial, timely contribution to this country’s future. |
Contents
Risk Reward and the Economics of Climate Change | |
The Electricity Transformation | |
The Industrial Transformation | |
The Transport Transformation | |
Earthing Carbon | |
Embracing Australias LowCarbon Opportunity | |
Acknowledgements | |
Notes and Sources | |
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advantages agricultural aluminium average battery benefits biomass carbon credits carbon dioxide Carbon Farming carbon pricing carbon sequestration CEFC cent century Chapter Chart China climate change climate change mitigation coal and gas consumption decade decarbonisation demand developed countries discount rate economic electric vehicles electricity prices electrification electrolysis emissions reductions emissions trading energy-intensive industry environmental expanding export fall favourable fossil energy fugitive emissions gas prices global mitigation globally competitive government’s greenhouse gases grid hydrogen important incentives income interest rates investment land Latrobe Valley low-carbon economy low-cost lower Murray–Darling natural gas numbers opportunities outcome peak potential processing production Queensland reducing emissions regulatory renewable electricity renewable energy resources Review role sector security and reliability sequestration solar and wind solar PV South Australia South Wales Spencer Gulf storage supply target technologies transmission transport Western Australia William Nordhaus world economy zero net emissions zero-emissions