Gas driving climate change: New report


GAS IS HIGHLY POLLUTING, driving climate change, and the reason power prices have been so high for Australians on the east coast over the past several years, experts have warned in a new Climate Council report.

"Greenhouse gas emissions from the processing, extraction and export of gas have likely been underestimated," said Climate Councillor and former president of BP Australasia, Greg Bourne.

"Our gas supply is primarily made up of methane, a greenhouse gas which is up to 86 times more potent than carbon dioxide in the short-term," he said.

In its latest report, Primed For Action, the Climate Council finds that a resilient recovery from the coronavirus must prepare Australia for the next major threat – climate change.

"The potential for job creation in the renewables sector is substantial and can set up our economy for the 21st century," said Climate Council CEO Amanda McKenzie.

Report Key Findings

  • COVID-19 has shown Australians that effective action is possible when politicians listen to scientific experts and act swiftly on their advice.
  • In the coming years, Australian governments will be forced to spend heavily to restart economies, leaving massive debt for future generations. It would be unconscionable for these investments to be made in industries and infrastructure which increase emissions and worsen climate change.
  • New gas projects will create huge investment losses, stranded assets and colossal environmental harm.
  • Australia's economy must be set on a path to net zero emissions. This should include becoming an exporter of clean energy to help the rest of the world reduce their emissions.

"The recovery from the COVID-19 crisis presents a once-in-a-lifetime opportunity to prime Australia to be a renewables powerhouse, creating jobs and tackling climate change at the same time," said Ms McKenzie.

"It was only a few short months ago that Australia was ravaged by a horror bushfire season driven by climate change. And, while we've been focused on COVID-19, the Great Barrier Reef has suffered its third mass bleaching event in five years. The economic impacts of climate change are clear and escalating," she said.

"Public investment in gas would be a disastrous waste, locking in more dangerous climate change and higher energy prices," she said.

""Politicians have listened to expert scientific advice on COVID-19 and acted. It is urgent they do the same with climate change," said Ms McKenzie.

"We need to be leaders in renewable technology and electrification of our industry. We need the government to once again drive investment in science, education and industry to create the country we need in order to thrive in a fossil fuel-free world," said energy expert Greg Bourne.

"Australia has proven that we can come together in a crisis, and now we have to come together to rebuild and refocus our economy for a decarbonised world," he said.

Australian Government Business Business & Economy Climate Change Coronavirus COVID-19 Energy & Water Political

Climate Council of Australia :
PO Box 1267, Potts Point 2011, Australia Wide
02 9356 8528
Climate Council of Australia
Showing 5 recent articles for this business
Gas driving climate change: New report 21 May 2020 | "Greenhouse gas emissions from the processing, extraction and export of gas have likely been underestimated," said Climate Councillor and former president of BP Australasia, Greg Bourne. More information...
Australia needs a plan, not a dirty wishlist 19 May 2020 | "The Federal Government is dreaming if it thinks carbon capture and storage is a legitimate form of reducing emissions," said Climate Council Senior Researcher, Tim Baxter. More information...
Royal Commission to examine bushfires and climate change 16 April 2020 | Climate change and how it is driving extreme weather must be a central part of the Royal Commission. Climate change was the main driver of the catastrophic fire dangers we experienced that destroyed so many... More information...
ROADMAP TO NOWHERE 28 February 2020 | "This technology roadmap is Mr Taylor's way of delaying serious action on climate change, leaving credible emissions reductions to his eventual replacement," said Climate Councillor and former head of BP Austra... More information...
Finally, legislation on climate change 10 February 2020 | THE CLIMATE COUNCIL welcomes Independent MP, Zali Steggall's Climate Change Bill 2020, which has been released today.   More information...

comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service