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Paris deal, rapid transition means deepening doldrums for energy incumbents
The great global race against time has very much begun now. The US and China ratify Paris deal, capital flow shift, China cancels nuclear plant and even conservative press...
Under existing Paris pledges, the world would be facing 2.3-3.5℃ of warming by 2100, and Australia doesn't have the policies to meet its own modest targets.
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South Australian Government
South Australia climate plan targets carbon world-first for Adelaide
SA's updated climate strategy suggests its electricity sector will be 100% decarbonised by 2050, despite no change to its 2025 target of 50% renewables.
SA Premier Jay Weatherill has adopted recommendations of an expert panel, setting a 2050 target of zero net emissions for the state.
