News Analysis In efforts to reach net zero by 2050, Ottawa’s strategy to transform the workforce toward “sustainable jobs”—”green” jobs in a low-carbon economy—sparked extensive criticism from analysts due to its top-down approach and departure from traditional market-based economics. On Feb. 17—the Friday before a long weekend and overshadowed by the verdict on the government’s…
Ottawa’s ‘Sustainable Jobs’ Plan Pilloried as Imposing Top-Down Planning, Stifling Free Market
February 22, 2023
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Business & MarketsCanadacentralized planningCompanieseconomic policiesjust transitionnet zero 2050sustainable jobsWilkinsonWorld
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Climate Change Policymakers Are No Longer Asking the Most Important Question
January 20, 2023
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Australiaclimate changeEnvironmentgreenhouse gasInternationalnet zero 2050OpinionScienceViewpointsWorld
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Commentary How urgent is climate change? This is the most important question that decision-makers in industry and government need to ask. We cannot decide what risk is worth taking unless we know what risk we are avoiding. Yet this is one question that is seldom discussed. Frequently we debate what is the most effective response…
Sunak’s Plan to Advance UK Green Energy Agenda ‘Unrealistic’ Amid Economic and Geopolitical Realities: Analyst
Former Chancellor of the Exchequer and hedge fund boss Rishi Sunak became the new leader of the governing Conservative Party on Oct. 24. The following day, at the invitation of King Charles III, he stepped into the role of Prime Minister of the United Kingdom. Sunak is taking the helm at a critical moment as the…
Recession Fears Drive Down Copper Price Despite Demand Overwhelming Supply
News Analysis Copper’s remarkable second-quarter price decline showed how the prospects of a global recession can overwhelm favourable supply-demand dynamics. The multi-purpose base metal is a priority for Canada although some say depressed prices may slow production. Canadian mining veteran Donald Bubar, president and CEO of Avalon Advanced Materials Inc. and board member of junior…
Australia Adopts 43 Percent Emission Reduction Target Despite Current Energy Shortage
Australia’s Minister for Climate Change and Energy, Chris Bowen, has revealed the new centre-left Australian government’s climate bill, which will set a target of 43 percent emissions reduction by 2030 and net-zero by 2050. Speaking to the National Press Club on Wednesday, Bowen said Labor would establish a Climate Change Authority to “assess and publish…
Legislating Net-Zero by 2050 Unnecessary: Nationals Leader David Littleproud
Newly elected National Party leader David Littleproud has said while his party is committed to net-zero by 2050, implementing legislation around it is unnecessary. Speaking to ABC Radio National on Tuesday morning, Littleproud said that he doesn’t believe the federal government needs to tell Australians what to do. “Australians are doing this by themselves,” he…
Australian Clean Energy Billionaire Meets With Biden, Manchin Over Hydrogen
April 3, 2022
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Andrew ForrestAustraliaclean energyclimate changegreen energygreen hydrogenInternationalJoe BidenJoe Manchinnet zero 2050World
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Australia iron ore billionaire Andrew Forrest has met with U.S President Joe Biden and Democrat Joe Manchin to discuss a future of hydrogen. On April 3, Australia’s richest man spent an hour at the White House with Biden in a working meeting involving the commander-in-chief and his senior officials to discuss his ongoing plan to…
The Red Flags With Canada’s Green Bonds
Ottawa’s first green bond, to mobilize private sector investment for Canada’s transition to net-zero by 2050, has a climate finance expert questioning how such financing will serve the country’s needs without raising red flags.
Australians Call for Greater Sovereign Manufacturing Capability: Poll
A significant majority of Australians believe it is critical for the country to have domestic manufacturing capability for its own vital supplies, according to new polling data from the Institute of Public Affairs (IPA). China’s growing assertiveness in the region, Russia’s invasion of Ukraine, and the COVID-19 pandemic have led to overwhelming concern in the…
Net Zero to Bring Down Employment and Economic Output: Report
A new report has found that hundreds of thousands of jobs will evaporate in parts of Australia if the country cannot meet the requirements set by its emission-busting trading partners. Researchers Toby Phillips and Warwick Smith, from the Centre for Policy Development, an independent policy institute, published detailed modelling on Jan. 31 that found if the…
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