Originally Posted by
DiscoMick
Other developed nations are preparing to levy carbon taxes on imports which were produced using methods which have high emissions. Australian exports, unless they were produced using renewable energy, I may be priced out of their markets. This is why steel and aluminum producers are already moving to source their electricity from solar, wind, hydro, batteries etc.
China's carbon cutback plans are already impacting the resources sector. Science states if no new fossil fuel developments were approved, carbon emissions from existing projects would still push the globe over the 1,5 degree threshold. Deloitte says mining and metals organisations were coming under public pressure early to reduce greenhouse emissions as part of preserving a public licence to operate. Renewable electricity is rapidly descending the cost curve. China will likely reduce it's overall energy imports by 95% in 30 years. it is estimated China needs to increase its use of non fossil energy by 80% of its total energy consumption and reduce its coal reliance for power generation to below 5% , in order to reach its target of carbon neutrality by 2060.
This information is from inqld.;
China's carbon cutback plans already impacting resources sector: ANZ (inqld.com.au)
I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food
A bookshop is one of the only pieces of evidence we have that people are still thinking
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