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OT: Current Affairs and Politics

Poupou Escobar

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Another might be the development of index funds from which firms reliant on fossil fuels are excluded. It is even possible that the compilers of stock market indexes will themselves exclude these firms.
At least this will stop index funds from being the risk free no-brainer they currently are. Direct investment in international fossil fuels will outperform any index without them, at least until emerging economies stop using oil, gas and coal.
 

Gronk

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Scotty bullshitted to the UN saying that Australia is doing their bit and other countries should f**k right off.

Morrison defends Australia's action on climate change in UN speech
http://www.abc.net.au/news/2019-12-...nds-australias-climate-change-action/11549260

Let’s drill down on that. What exactly is his Government doing to combat climate change? Nothing other than Abbott’s Direct Action initiative which involves a positive stance towards CC rather than a penalty like the carbon tax.

https://www.environment.gov.au/climate-change/publications/factsheet-actions-australia-is-taking

Australia is meeting our climate change targets through Direct Action policies that reduce emissions, increase productivity and improve the health of the environment. At the core of these policies is the $2.55 billion Emissions Reduction Fund and Safeguard Mechanism. This is complemented by the Renewable Energy Target, energy efficiency improvement, phasing out very potent synthetic greenhouse gases, and direct support for investment in low emissions technologies and practices.

The Emissions Reduction Fund is supporting Australian businesses, communities and landholders to take actions that reduce or avoid greenhouse gas emissions. The Fund provides positive incentives for Australians to reduce their emissions, reduce energy costs, or store carbon in the land.

Businesses, communities and landholders can propose new projects using emissions reduction methods covering all sectors of the economy—including activities like improving energy efficiency, capturing methane from landfills and storing carbon in forests and soils.

The Emissions Reduction Fund is achieving results. The first Emissions Reduction Fund auction in April 2015 saw 47 million tonnes of carbon abatement contracted at an average price per tonne of abatement of $13.95. Through this auction, the Government committed $660 million to projects that will reduce emissions in Australia. The emissions reductions from these projects will be delivered over the next 10 years, which means that reductions purchased in the first auction will contribute not just to Australia’s 2020 target, but to its post-2020 targets as well.

The Emissions Reduction Fund is complemented by the Safeguard Mechanism which will ensure that emissions reductions purchased by the Government are not offset by significant rises in emissions elsewhere in the economy. The safeguard mechanism will start on 1 July 2016.

The Renewable Energy Target helps Australian households and businesses to install solar and other renewable energy technologies, transforming our electricity sector to cleaner and more diverse sources, and supporting growth and employment in the renewable energy sector.

The Renewable Energy Target allows sustainable growth in both small and large scale renewable technologies, delivering more than 23 per cent of Australia’s electricity from renewable sources by 2020. Since the scheme began in 2001, $10 billion has been invested in renewable energy in Australia, and the Government estimates that a further $20 billion will be invested between now and 2020. The Renewable Energy Target will see a doubling of the existing amount of renewable energy in the next five years.

Through the Renewable Energy Target, the Government is continuing to support households wishing to install rooftop solar panels or solar hot water systems. So far 2.3 million household solar systems have been supported by the scheme—one of the highest percentage uptakes in the world.
 

Gronk

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New commitments to reduce emissions—Australia will be taking further actions to reduce emissions and deliver valuable co-benefits.

The National Energy Productivity Plan, including a target to improve Australia’s energy productivity by 40 per cent between 2015 and 2030, will see improvements in how households and businesses use energy in their homes, offices, and industrial facilities. The Plan will include measures to make energy choices easier and will encourage improvements in the efficiency of appliances, equipment, buildings and transport. The Plan will be progressed in collaboration with the states and territories through the Council of Australian Governments’ Energy Council.

The National Energy Productivity Plan will explore opportunities to improve the efficiency of vehicles. Australia will also continue to work through international fora, including the G20 Transportation Task Group, to identify further opportunities to achieve greater vehicle efficiency.

Australia will look to fast track a domestic phase out of hydrofluorocarbons and will work with other countries to reduce global use of these very potent greenhouse gases.

The Government will consider Australia’s emissions reduction policies in detail in 2017–2018, in close consultation with businesses and the community.

Removing barriers to new technologies—Technology will underpin our low emissions transformation. The Government will prepare a Low Emissions Technology Roadmap that identifies opportunities and barriers to research, development and take-up of new and emerging technologies across Australia.

The roadmap will build on Australia’s existing significant investments in low emissions science and technology. The Australian Government has committed over $1 billion to around 230 renewable energy projects, with industry matching this investment with more than $2 billion. In addition, through the CSIRO’s Energy Flagship, the Government is supporting around 350 scientists to pursue a dedicated research program exploring new energy technologies for Australia. The Government’s recently announced science and research priorities will encourage a wider range of technological options for addressing climate change.

These investments allow Australia to find new solutions for reducing emissions at home, while at the same time capturing the benefits of the emerging international demand for low emissions technologies like renewable energy, carbon capture and storage, and energy efficiency.

Preparing for climate change and building resilience in Australia’s environment—Actions to reduce emissions go hand-in-hand with efforts to improve the health and resilience of Australia’s unique landscapes, biodiversity and communities.

The Government’s actions to build the resilience of our unique natural icons, including the Great Barrier Reef, will help them adapt to climate change. The Reef 2050 Plan sets out a long-term strategy and targets for managing pressures from invasive species, run-off and development, while the $140 million Reef Trust is supporting a wide range of on-the-ground projects.

Through the Green Army and National Landcare Programme, the Government supports local projects to build the resilience of our environment. The 20 Million Trees Programme is storing carbon in forests while also improving the connectivity and condition of native vegetation that supports native species.
 

Gronk

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It actually reads pretty well, however the game changer is what he and Dutton have said over the past few days..

The Prime Minister stated that they are tackling emissions "without a carbon tax, without putting up electricity prices and without shutting down traditional industries upon which regional Australians depend for their very livelihood".

So really he is doing nothing. He will throw a bit of show money (far less than the annual fossil fuel subsidies) to re-tool and innovate, but other than that it’s business as usual. Emissions targets will remain the same and he is hoping that industry will will be forced by guilt, brand reputation and pressure from global financiers and trading partners to reduce emissions. In a typical conservative mindset, if shit can happen organically without us having to put our hands in our pockets or changing our boomer lifestyle, then sweet.
 

Bazal

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And all at once there was the sound of literally hundreds of boomers shitting their pants with rage, before struggling for thirteen minutes to post a comment on Twitter
 
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Bandy made some really good points that have completely destroyed your argument and credibility and now you are just digging your own grave with this "You've never read it" rubbish.

There's no grave to be dug. You see, and I mean no offense by this, but I don't really care.

I usually get about 5 mins here at a time, so I don't have time to pull a response apart, mince words and try and win an internet argument. I rarely post but that's because of the time thing. If there's a way to check log on-log off times then you'll see I'm here pretty much every morning for about 5-10 minutes around 06:00, and then I'm gone, and that's it.

So, I don't have time to worry about winning internet points. I barely have enough time to skim through the Non Footy Chat Thread, the Rumours and Stuff thread and this thread, let alone post, let alone dissect and post. So, I lurk every day, and read every day, but rarely post.

So, I just cut a quick bit that's gonna piss some people off and then I move on to the next thing I have 5 minutes for while I'm having my morning coffee (there's 3 of them each morning and I have to knock them off within 20 minutes).

It's fun but it's not serious. I just neither care for nor have the time for self-congratulatory internet arguments. I have better things to do with my life than argue with people who think Twitter and articles are actually proof of anything. I can't recall right now (although i could be wrong) a single bit of real data being posted in this whole thing, apart from by me. And I mean it when I say nobody else has read the report but me (it's easy to tell), yet they're all experts on it?

So, why spend the little time I have in a word mincing contest to win meaningless internet points?
 

Gary Gutful

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53,156
None of us really care that much that you don't know what you are talking about. But when you arrogantly pretend to know more than others and then get exposed by someone who bothered to research the issue and find out you are wrong, you've got to expect to cop a little bit of shit.

No big deal really. Just funny, more than anything.

Particularly the latest "I'm above arguing on the internet" response. Ha!

Keep the gold coming HJ. Look forward to your next installment at 6.00am tomorrow!
 

Gronk

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I guess that's why she dropped out of school in year ten.
Maybe you shouldn’t guess, follow @hindy111 ’s lead and only deal with the facts.

It is certainly not unusual for a child diagnosed in her early teens as being on the Autism Spectrum, not to continue their studies or perhaps to defer them until such time that the learns the skills to be less distracted and maintain focus.

Aspergers syndrome, obsessive-compulsive disorder, ADHD and selective mutism does not bode well for a traditional education. Having said that, none of the above impacts on an individual’s IQ. There are some very famous people who have achieved great things notwithstanding their position on the spectrum. Um Mozart, Einstein, Thomas Jefferson, Steve Jobs, Stanley Kubrick, Isaac Newton.

All the same, by all means continue being triggered by a little girl.
 
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Gary Gutful

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I struggle with her being elevated to the status she has and worry that she will be chewed up and spat out. But I also understand that sometimes you need a circuit breaker.
 
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Maybe you shouldn’t guess, follow @hindy111 ’s lead and only deal with the facts.

It is certainly not unusual for a child diagnosed in her early teens as being on the Autism Spectrum, not to continue their studies or perhaps to defer them until such time that the learns the skills to be less distracted and maintain focus.

Aspergers syndrome, obsessive-compulsive disorder, ADHD and selective mutism does not bode well for a traditional education. Having said that, none of the above impacts on an individual’s IQ. There are some very famous people who have achieved great things notwithstanding their position on the spectrum. Um Mozart, Einstein, Thomas Jefferson, Steve Jobs, Stanley Kubrick, Isaac Newton.

All the same, by all means continue being triggered by a little girl.
Vegan diets cause mental health problems. Looking at her obvious malnourishment and stunted growth, I'd say she's been vegan for quite some time. She's even going bald.
 

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