Let’s cut to the chase. If we are serious about climate change then we have to be serious about changing (drastically) the way the world generates and uses its energy. But even as the rich world talks glibly about ‘decarbonisation’ of its economy it has done precious little to reinvent its energy system and to wean itself from its fossil fuel addiction.
Australia will set up a A$100 million (US$80 mln) carbon capture research institute aimed at fighting climate shift and with ambitions of becoming the world hub for the technology, the government said on Friday.
Saskatchewan Premier Brad Wall said Friday that his province, which has been riding a commodity-driven boom, should not be saddled with new environmental taxes as prices for oil and grain fall from their highs of a few months ago.