Australia Environment Risk And Opportunities

In Australia, carbon emissions contribute to the problem of global warming and climate change worsening. Therefore, people want to move to a more sustainable energy future, because renewable energy is the only valid method to reduce emissions. But it is very difficult to widely use renewable energy since this transition have to face numerous barriers. This essay will argue that adopting renewable energy cannot be overcome due to lack of financial and political barriers.

Since the start of South Africa’s mass electricity supply programme in 1994, the country has continued to rely on coal as its primary energy resource. Today, with the export demand for our coal, it has put a pressure on energy supply, thus resulting in high price cost of electricity. Despite Eskom’s efforts to rectify the situation by building new coal plants, the projects have been on overload with construction and engineering problems as well as transgression, with the power utility receiving integration from government as well as a suspect of $3-billion loan from the World Bank for its Medupi plant. Consumers now bear the brunt of the crisis with an increase in tariffs to compensate for Eskom’s bills and cost problems which are much higher than the original predictions.

The low price elasticity of demand for household energy given the lack of easy alternatives means that consumers will continue to purchase it even when prices rise drastically as we can see from extract A they did over the three year period. Furthermore the complex pricing structures in the energy market make it difficult for consumers to exercise any consumer sovereignty because they lack the information or indeed don’t know how to interpret it, to make a decision which is in their best interest.

With the increasing Australia’s population the demand for reliable energy to support our power needs now and into the future is escalating, with majority of the Australia’s energy depending solely on coal power with concerns arising on whether this is the best option for Australia’s future or focus more on harnessing green renewable energy. This essay will argue that green energy is the best option over coal power, for the world and Australia’s future, such as solar and wind. The biggest challenge though will be finding a way in being able to harness the resources nature provides to support the growing demand.

By successfully conducting an effective and efficient economic administration, building and running a solid economic performance and joining lots of free trade agreements and the World Trade Organization (WTO) in order to get high trade profits are some of the reasons why Australia is known as a competent and well-governed country. This economic attainment has allowed Australia to be able to nurture its development assistance program in the Asia-Pacific region. In the future, this program is expected to strengthen and sharpen the prospects for better governance and communities in the region in particular and in elsewhere in general. Australia has been working together with

Located in the middle and, as its name suggests, the south of the country, South Australia has both coastal and

Australia was once one of the healthiest and wealthiest single megadiverse country in the world. Unfortunately, it is now facing serious environmental problems which will affect the future generations.

As an Australian I have had the privilege of indulging in the bountiful land that I am lucky to call my home. A land that is home to millions and supplies millions more. The central hub of these huge happenings is the Murray Darling Basin - the largest water storage and water system in Australia, spanning 1/7 of Australia's total land mass, containing over 40% of all Australian farms and the source of water for millions. Paramount to the enterprise, the general wellbeing and the beneficiary’s of the MDB is the life blood of the world, water. A step further in to the notion of the importance of water is the notion of clean water. A factor vital to the sustainability of the MDB and a factor that I believe the Australian Government isn't doing

In times of drought, a common occurrence in Australia, water supplies can be reduced drastically thereby reducing the amount of electricity that can be generated.

The path to renewables in Australia in recent times has been met with a somewhat contentious debate. In a time where “No challenge poses a greater threat to our future than a changing climate.”(Barack Obama, August 3, 2015) the plight of Renewables is of more importance than ever in our history as a pillar on to which our highly carbon emitting society must rest, if we ever seek to reduce the impact on our climate both government and individuals must seek out and adhere to serious carbon abatement strategies. The idea of previous successful government involvement in the renewable energy industry through regulation and initiatives may elude the everyday modern Australian, marred with controversial schemes, which in hind sight were rolled out to fast without sufficient regulations has seen relatively recent schemes reduced or even thrown out. However, it is best to remind ourselves that some of Australia’s rite of passage as a nation were through Renewable energy projects. Examples of this such as the Snowy Hydro Scheme which at the time was named as one of the civil engineering wonders of the modern world and the White Cliff Solar Power Station which can be seen as a world first solar energy provider.

Environmentally, the company have committed to reduce externalities by being accountable in their use of natural

Mining has been a driving force for much of the exploration of Australia's remote inland and for Australia's industrial development, from the gold rushes of the 19th Century, through the iron ore and nickel booms of the 1960s, through the later growth of the coal industry, and to the current booming demand for minerals to fuel the industrial growth of much of the rest of the world. Australia has benefited greatly from the current resources boom, reflected in high rates of economic growth, record low levels of unemployment and increasing incomes for Australians. However, Australia’s world economic ranking has significantly decreased from 5th in 2001-02, to 22nd in 2014-15. (See appendix 10) This drop in world economic ranking may not entirely

Until recently, many of the environmentalist policies of the Australian Prime Minister Julia Gillard have been quite moderate, such as encouraging children to turn off their game consoles when not in use. On the government-run Clean Energy Future homepage, the website proclaims: "Switching off video game consoles when not in use could save households up to $150 a year enough to buy several great new games." The website provides a link to tips for ordinary consumers about how they can save money on energy costs through conservation efforts. This is environmentalism marketed from a self-interested perspective. The message is that people can save money and save energy at the same time. While this is a helpful promotional campaign in some respects, it is also somewhat inaccurate, given that many of the measures that must be taken to save the planet will likely be more costly and result in the consumer having to give up certain things and to pay more money for others. Organic food and hybrid cars, for example, cost more than standard-grown food and standard vehicles.

In conclusion, if consumer electricity rates were to be notably reduced, it would force the Australian government to ,unfortunately, reduce the tax rates or cut off money from hospitals. It would, in turn, become more expensive than it originally was for consumers as they would end up paying more money on the taxes then they originally did on electricity

There are various energy sources available in the world today. These are either renewable sources or non-renewable sources. Some of the non-renewable sources include coal, oil, and nuclear fuel while renewable resources are solar energy, wind power, biomass, geothermal wave and tidal power, hydropower and so on. Cost-supply and uncertainty are usually quite asymmetric when it comes to the energy industry and any other industry in the world. The paper will look at the future of energy extraction in terms of costs.it will also look at how technological improvement have impacted energy extraction even in the wake of the depletion of convectional sources.