Last week the Sydney Environment Institute and the Balanced Enterprise Research Network at the University of Sydney Business School hosted a visit to Australia by world-renowned climate scientist Professor Michael Mann. Professor Mann is Distinguished Professor of Atmospheric Science at Penn State, with joint appointments in the Department of Geosciences and the Earth and Environmental Systems Institute (EESI). He is also director of the Penn State Earth System Science Center (ESSC).
As many Australian readers will know, ‘energy security’ has become the latest buzzword in government and industry circles. Much of this new focus has been driven by the political fallout following October’s catastrophic storms in South Australia and a state-wide power blackout. In the political recrimination that followed, the Federal Government and some media outlets argued that state government policies favouring renewable energy were (in part) to blame. Both the Prime Minister and the Federal Energy Minister quickly labelled energy security their ‘number one priority’ and established an energy security review to be chaired by the nations’ Chief Scientist, Alan Finkel. Interestingly however, the meaning of the term ‘energy security’ is itself open to multiple interpretations. To a large extent this ‘framing’ of ‘energy security’ reflects a number of developments that are playing out globally in the areas of energy and environmental policy. Continue reading Energy Security: The New Black!
That the social debate around climate change is a ‘culture war’ should come as no surprise to anyone observing current political debate in Australia, the US, UK and Canada. In contrast to much of the rest of the world where climate science is rarely debated, in the Anglo-Saxon world the culture war around climate change rages on with increasing vehemence.
Who will be the business ‘winners and losers’ from the repeal of the ‘carbon tax’ under Australia’s new conservative Federal Government? This was a question I was asked in a recent interview for ABC TV’s The Business. You can see the resulting report here.
The ‘winners’ in this story should come as no surprise – mining and energy companies -especially those involved in fossil fuel extraction and consumption, which would no longer be required to pay for their greenhouse gas emissions. By contrast, the ‘losers’ were seen as those groups promoting renewable energy and seeking to wean us off our fossil fuel addiction. However, what struck me in participating in this interview are the incredibly short-term time horizons business people frame their decision-making within. ‘Winners’ are defined in terms of the immediate financial savings that result from changed legislation, rather than the strategic implications of continued high carbon emissions in a changing world.
Business corporations are key players in the on-going political debate surrounding climate change. In producing the goods and services of the global consumer economy, corporations are major producers of greenhouse gas emissions. However, corporations can also play a leading role in the mitigation of those emissions through increased efficiencies and the development of new technologies. As a result, the business response to climate change can often appear conflictual. ‘Corporate greening’ and innovation contrast with examples of business obfuscation and the organised funding of climate change denial (e.g. as this recent documentary outlines).
In a post last week I discussed how extreme weather events can shape our awareness and understanding of climate change, and how climate change ‘loads the dice’ for more frequent and intense weather events.
This morning, the Climate Commission released a report with the apt title ‘The Angry Summer’. The report reviews the recent extreme weather we’ve been experiencing here in Australia. In fact this has been the hottest summer on record and the Climate Commission’s report highlights the numerous weather records that have been broken (123 in 90 days); temperatures, rainfall, floods, drought, bushfires, tornadoes and cyclones.
With the announcement that our next federal election will be on Saturday September 14 2013, there has been renewed commentary on the likelihood of a possible future federal Coalition government repealing the Clean Energy legislation.