What is Labor’s policy on Australia’s increasing dependence on fossil fuel exports, Bill Shorten. May 2015

The United Nations top climate negotiator warns that Australia will need to diversify its economy as the world grapples with global warming but the Abbott government continues to steer our economy into increasing dependence on the export of fossil fuels.

To print your letter click the link below:

What is Labor’s policy on Australia’s increasing dependence on fossil fuel exports Bill Shorten May 2015.

The United Nations top climate negotiator Christiana Figueres, speaking at a recent conference in Melbourne, warned that Australia would need to diversify its economy as the world grapples with global warming.   She said that Australia had previously benefited itself and the world from large fossil fuel endowments, but that point in history had come to an end. “The science is very clear, there is no space for any new coal” she said (Sydney Morning Herald 5.5.15).

If the world is to limit global warming to less than the internationally agreed goal of 2 degrees, the Climate Council has stated that more than 90 per cent of Australian coal would need to be left unburnt.

However, the chief economist of the federal Department of Industry and Science Mark Cully stated in a recent speech that the resources boom, now entering the production stage, is set to last far longer than the earlier stages of the mining boom “barring major policy adjustments”, due to ever-increasing demand from the emerging economies of Asia.

Cully predicts that Asia’s consumption of resources will grow by volumes that far outweigh whatever is happening in rich Western countries (Sydney Morning Herald 2.5.15). He sees Australia playing an important role in meeting this increased demand for both steaming coal and natural gas, becoming the world’s largest exporter of both.

There seems to be no concern by the Abbott government that, although a global export leader in iron ore, coal and natural gas, Australia’s range of exports has become even less diversified than it was before the resources boom.

Deep within the Energy White Paper there is an admission that ‘there is a growing long term risk for our fossil fuel export industry in an emissions constrained future’ but the Abbott government continues to steer our economy into increasing dependence on the export of fossil fuels, recklessly gambling with the future survival of Australia and its people.

To print your letter click the link below:

What is Labor’s policy on Australia’s increasing dependence on fossil fuel exports Bill Shorten May 2015.

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