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The strain is emerging from a mismatch between how energy systems were built and the conditions under which they now operate.
A global summit in London is set to decide on a new definition of energy security.
The US majors have been doing a much better job of forecasting where oil demand is heading.
Banning public funding for overseas fossil fuel projects will boost Australia’s climate leadership. But can it take the next step and do it domestically?
Holding climate change to 1.5 might be possible – but in the best case, we’ll blow past the limit first and then backpedal.
The International Energy Agency moved up the date when it expects oil demand to peak to before 2030. Electric vehicle growth is a big part of the reason.
Alongside the global economic outlook, Russian supply and Chinese demand are contributing to ‘a cocktail of uncertainty’ for oil prices.
Most claiming to be compatible with the climate agreement show a strong continuing reliance on natural gas and coal.
When it comes to climate change and Australia’s economic future, different crystal balls can produce vastly different results.
We propose things which people regard as being on the edge of lunacy. The next thing you know they’re on the edge of policy. – Madsen Pirie, President of the Adam Smith Institute, 1987 In a speech in London…









