Katie Kouchakji is an Auckland-based freelance journalist, specialising in climate change policy and the low-carbon transition. She has been writing about energy and climate change for over 15 years, including for Environmental Finance, Carbon Pulse, the International Bar Association and FORESIGHT.
It is okay to be outraged at the record-high profits oil majors are reporting, but the real source of ire is the ploughing of money back to shareholders or into new fields at a significantly larger scale than into clean technologies.
With climate change set to bring more severe and frequent storms to some parts of the world and an increased risk of drought to others, the risks to countries which rely on hydropower differ – as do the responses.
With the dramatic fall in the cost of renewable energy technologies, two of the voluntary carbon market’s leading standards decided at the end of 2019 to exclude such projects – but are carbon markets the best way to incentivise renewables to begin with?
Australia’s power sector is decarbonising as the country explores alternatives to fossil fuel exports, but without a net-zero goal and policies to drive mass deployment of clean energy technologies, these may falter, experts warn.