Matthew Warren

Is the cost of going carbon neutral about to get more expensive?

Blog / By

The pace and cost of Australia’s fast growing, multi-million-dollar climate neutral industry may be significantly impacted by the biggest outcome at the recent climate negotiations in Glasgow. Forget all the speeches and the pledges, the big reform from COP26 was to finalise revised rules for voluntary carbon trading markets. Known at Article 6 of the Paris …

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Household electrification is unlikely to produce free money

Blog, Climate, Distributed Electricity Resources, Gas, Hydrogen, Networks, Politics, Renewable Energy, Retail / By

Households consume around 30 per cent of Australia’s total energy account. They’ve historically been the most expensive to supply, have the most volatile demand and are most politically sensitive customers on the grid. One way to reduce household greenhouse emissions is to use zero emissions electricity for natural gas and run an electric car on …

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Our own European gas shortage

Blog, Climate, Gas, Governance, International / By

Australia is the world’s second biggest gas exporter, yet still we may face a regional version of the current European-styled gas supply crunch. Nationals leaders need not worry: Queensland is not affected. The ground zero of this looming gas shortage is Victoria, the result of declining local production and infrastructure constraints. How this gas market …

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Packing for Glasgow

Blog, Climate, Politics / By

It’s clear the Morrison Government intends to commit to a net zero emissions target by 2050 in time for the Glasgow climate summit in early November. There is no sudden epiphany, this is pure politics, both national and global. The groundwork for the Coalition’s climate pivot has been under development for weeks now. Coalition backbenchers …

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High EU carbon prices: does ambition exceed reality?

Blog, Climate, Markets and Market Design, Policy / By

The carbon price in Europe is soaring, currently approaching AUD$100 a tonne. That’s while the European economy is forging out of its COVID-19 recession with the EU’s economy predicted to grow by around 4.8 per cent in 2021 and more of the same in 2022. Pricing emissions doesn’t appear to be holding the European economy …

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