Excerpt from theconversation.com
The crucial climate change summit in Glasgow has just begun, and Australian Prime Minister Scott Morrison is bringing his widely criticised plan for net-zero emissions by 2050 to the negotiating table.
Released last week, the plan promises to deliver deep cuts to Australia’s greenhouse-gas emissions by relying on new technology, while eschewing taxes and mandates. As the Grattan Institute warned this week, this will fail unless the government rolls out other market-based policies too, including better plans to use already existing low-emissions technology for vehicles and energy.
The priority technologies identified in the plan include clean hydrogen, ultra low-cost solar, energy storage, low-emissions steel and aluminium, and carbon capture and storage.
But the plan is scant on detail and long-term thinking. It provides support for technology only in the early stages of research and development, not sustained support throughout the commercialisation process.