The government will underwrite risky investments in renewables – here’s why that’s a good idea

By Tony Wood, Grattan Institute On Thursday Climate Change and Energy Minister Chris Bowen announced a scheme to underwrite the risk of investing in new renewable energy generation and storage. The expansion of the national Capacity Investment Scheme follows a successful pilot study with New South Wales. The government paid A$1.8 billion for just over a gigawatt…

How drone submarines are turning the seabed into a future battlefield

By Adam Bartley, RMIT University and Matthew Warren, RMIT University A 12-tonne fishing boat weighs anchor three kilometres off the port of Adelaide. A small crew huddles over a miniature submarine, activates the controls, primes the explosives, and releases it into the water. The underwater drone uses sensors and sonar to navigate towards its pre-programmed…

Why Australia urgently needs a climate plan and a Net Zero National Cabinet Committee to implement it

By Tony Wood, Grattan Institute Australia has a legislated target to reduce greenhouse emissions, a federal government with commitments to increase the share of renewable electricity and reduce power prices, and a globally important economic opportunity at its feet. In the second half of the government’s current term, delivery looks hard across the board. All…

We urgently need $100bn for renewable energy. But call it statecraft, not ‘industry policy’

By Elizabeth Thurbon, UNSW Sydney; Alexander M. Hynd, UNSW Sydney, and Hao Tan, University of Newcastle This week, a diverse group of organisations called on the Australian federal government to establish a A$100 billion, ten-year policy package to turbocharge Australia’s green energy transition. Proposed by groups including the Australian Council of Trade Unions, Australian Conservation…

Here’s how wastewater facilities could tackle food waste, generate energy and slash emissions

By Melita Jazbec, University of Technology Sydney; Andrea Turner, University of Technology Sydney, and Ben Madden, University of Technology Sydney Most Australian food waste ends up in landfill. Rotting in the absence of oxygen produces methane, a potent greenhouse gas. While some facilities capture this “landfill gas” to produce energy, or burn it off to…