The On The Clean Energy Sector

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.

Overwhelmingly, economists seek to answer how much job creation and Gross Domestic Product growth would come from a shift toward alternative energy. The International Renewable Energy Agency (IRENA) based in Dubai has just released a report that says jobs in the solar and renewable energy sectors are increasing faster than employment opportunities in fossil fuel industry for the first time. It says 8.1 million people worldwide had jobs in the clean energy in 2015, up from 7.7 million in 2014, according to Bloomberg. And according to the U.S Bureau of Statistics Employment grew six percent in solar and slumped 18 percent in upstream oil and gas and support

The UK government had made concerted efforts over the years in developing a definite course of action for the Renewable energy industry in the UK in light of changing conditions of the industry. This was done in order to guide and determine the conditions of engagement while proposing future directions and decisions. The intentions of these high level overall plans were to provide clear goals for the relevant stakeholders including, regulators, generators, suppliers and consumers.

Australia’s carbon tax led to a drop in electricity sector emissions by as much as 17 million tons (9%). Many contend that the effects would have been more

Renewable energy’s increasingly greater power output has “made wind and solar more competitive with fossil fuels in many regions” (Warrick). In fact, renewable energy has improved so much, both financially and technologically, that many “developing economies will ultimately choose renewables over cheap coal”, enabling them to “skip over a generation of technology” (Warrick). Hydropower, geothermal energy, solar energy, and wind energy will only keep improving in power output until they inevitably become the best choice for electricity. Now that private tech companies have begun to back renewables, their technology is increasing at an extraordinary pace. With more prominent business leaders supporting renewables, the public is more inclined to accept them. People like Elon Musk, CEO of Tesla (and many other companies), fund and promote clean energy projects to raise popular support and develop new renewable technologies. Some people argue, however that renewable energy will never produce enough energy to power the entire United States. After all, “by 2016, wind energy accounted for just over 6.7 percent of U.S. electricity production” and solar energy sits at just “0.6 percent” (Renewable). While this number seems extremely low, it has been increasing rapidly. In 2012, “solar energy accounted for only 0.2 percent of the electricity

This goal can be reached without drastic structural changes to the economy and with a minimal impact on Australian lifestyles. One way Australia could reduce emissions would be to switch from fossil fuel power to alternative sources, such as solar, wind and nuclear. Another could be developing new technologies and modifying the individual behaviours of each person to produce a much smaller carbon footprint. By achieving this significant reduction in emissions, Australia could reach zero net emissions by the mid-century.

Since the gasoline and fuel oil shortages of the 1970’s, the topic of renewable energy has been

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.

Continued investment should be encouraged in order to develop the best technology in energy for the future. Continued investment will allow for new and exciting developments that will improve the energy industry in the long run. It will assist the industry in satisfying the growing demand and need for sustainability. There are a number of political and legal factors that are significant to the energy industry. For example, laws and government regulation on energy use could potentially affect the demand for domestic energy and thus lead to a shift in prices. However, with an increase of clean energy use, the demand for energy will not change dramatically due to laws and regulations, instead, the future prosperity of the globe will improve.

Whilst it may seem a “no-brainer” to cease investment in non-renewable power and transfer our effort, resources and investment into developing renewable energy sources, the reality is that we have become so reliant and dependent upon non-renewable energy – particularly fossil fuels – that we must continue to use, develop, and invest in such energy to maintain the living standards that we enjoy today. In our short to medium-term future, and in spite of our ever-increasing scientific knowledge about the environmental price that we pay in using non-renewable energy, we must continue to invest in it. Let me explain why.

Though the United States has been holding back, several other countries have begun making changes for “scientific uncertainty is no excuse for inaction on an environmental problem,” as stated by a German principle in the 1980s. Later in 1990, Germany added environmental protection in their constitution (John Dryzek, 167). Several other countries have also implemented Green policies and set goals to accomplish in the upcoming years. In Saskatchewan, Canada, the 2009 investment for wind powered renewable energy was reported at $162 billion dollars towards the installation of renewable energy (Garrett Richards, 691). Europe also has allocated $105 billion Euros to “subsidize ‘green’ programmes and infrastructures,” The Renewable Energy industry involves 350,000 jobs and generates 40 billion Euros a year in business, according to Oliver Shafer, the policy director of the Renewable Energy Council in Brussels (Quirin Schiermeier, 264-265). In 2009 when

Sydney’s ability to overcome this sustainability crisis, relies on the infrastructure rules and regulations set out by the government in Canberra. It is the same legislation that allows the growth in ecologically friendly solutions that prohibits them from being enforced. As of Last years Annual report, for the NSW Renewable energy action plan 2015, the hydroelectrical capability is only 3.3% of its total potential energy.

RET encourages the electricity sector to reduce greenhouse gas emissions and continue to find ways to generate electricity from renewable and sustainable resources. It has been recently amended to help ensure the amount of large-scale renewable energy will double by 2020. • Solar Towns Program What better way to achieve a sustainable Perth environment than to make it a community effort? Programs, such as Solar Towns, will enable Australian communities to engage with renewable energy at a local level that'll improve the local environment and community outcomes.

In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.

There are many opportunities for energy extraction in Australia, which may or may not be currently being benefited from. The issue of energy today is what the current situation of energy in Australia is and how it will improve or decline in the coming years. The subjects which are contributing factors are the current exploitation of non-renewable energy sources, how renewable sources are being used in Australia and what the Government’s energy policy is and also what the RET is.