Column: ACCC chief Rod Sims has kicked off a debate on merger law reform in Australia. How valid is the claim he mentioned by the International Monetary Fund that further increases in the market power of already-powerful firms could deter innovation? As reported here, Mr Sims has used a speech to the Competition and Consumer…
The post The relationship between market power and innovation appeared first on InnovationAus.
If proposed reforms to grid congestion go ahead, they will make Australia a bad place for investment in wind and solar.
The post Australia’s energy superpower status at risk with grid congestion reforms appeared first on RenewEconomy.
The moderates are mobilising – and the prime minister’s office knows it
At 7.31am on Tuesday morning, Scott Morrison’s backbench liaison staffer sent out a WhatsApp blast to Liberal MPs asking them not to front the media without first checking with the prime minister’s press office.
Obviously there is a lot happening. The prime minister was meant to fly straight to Washington, but has instead diverted to New York in an effort to quell the diplomatic storm from France and its European allies prompted by Australia’s decision to terminate the Naval Group’s $90bn submarine contract.Continue reading…
While other world leaders arrive in New York to discuss cooperation on Covid and climate, Morrison will trying to patch up his submarine blunder.
The post What is Scott Morrison doing in New York? Nothing on climate, it seems appeared first on RenewEconomy.
Angus Taylor’s Coalkeeper subsidy is dead in the water. Or at least it should be. Here are six better ideas that state energy ministers should consider.
The post Better ways to manage coal closures: Six ideas for state energy ministers appeared first on RenewEconomy.
Prime Minister Scott Morrison spoke a lot about freedom and sovereignty when opening the three-country press conference announcing Australia’s massive new pact with the United States and the United Kingdom last Thursday.
Morrison proudly spoke such words in front of US President Joe Biden and UK Prime Minister Boris Johnson, with plenty of flags shared across the virtual announcement, highlighting the close ties and history of friendship between the three nations.
Morrison said the new AUKUS trilateral partnership with is nuclear-powered submarine deal was one that would prepare s for meeting the challenges of the “new era” in terms of national security.
And yet aside from the television screen signalling these three leaders could not actually meet in person, what many of us saw again were three men, determining a strategic direction of Australia that would continue for decades to come, impacting all of us.
It looked much like an “old era” answer to “new era” challenges.
Sure, these new changes would see Australia gaining access to nuclear technology to enable nuclear-powered submarines – access the United States and UK have never shared with another country. But it was yet another massive decision that appeared to lack the collaborative foresight one would hope would be occurring in these situations.
It was another decision that, the more we are not learning in the week since it was announced, appears to have been shared in haste and with little to no regard for the broader consequences.
And it was another decision that appears to prioritise political convenience for Morrison, cementing a reliance on the United States for decades to come.
It is palatable to Australians that right now, that US reliance comes with a Biden presidency. But would such a decision have been announced if Trump had won another term. And what happens if Trump takes the Republican nomination in 2024, or somebody even worse steps up to lead the United States through this “new era” with Australia chained firmly alongside it?
Meanwhile, Australia does not currently have a nuclear industry. Is this the start of such an industry and if so how big will it be? Morrison says nuclear weapons are “not on the agenda”. That there are “no plans for it, no policy for it, no contemplation of it”. And yet until this past week, as far as most of us thought, nuclear-powered submarines were not on the agenda either.
What does this say about Australia’s stance on nuclear proliferation, given it’s been 63 years since the United States last shared this technology (with the British Royal Navy)? Australia is a non-nuclear weapons country with a long anti-nuclear protest movement history. It will now become the just seventh country in the world the have nuclear submarines, next to the US, the UK, China, Russia, France and India – and while Morrison is adamant this deal has nothing to do with nuclear weapons, it’s curious to consider that Australia will become the only country among this nuclear-powered sub club to not have nuclear weapons.
And what about Australia’s relationship with France and the European Union. There appears to have been no attempts to pre-warn or negotiate with the French Government on this new deal, given it would see an existing $90 billion. France has recalled its ambassadors from the United States and Australia. And it looks like the consequences of this “treachery” as the French have put it, could hinder Australia’s ability to further negotiate on an all-important trade deal with the European Union. President Ursula von der Leyan told CNN overnight that there are “a lot of questions” that need to be asked in response to the torn-up deal with France.
“One of our member states has been treated in a way that is not acceptable, so we want to know what happened and why,” she said noting the need to get those answers before the EU continues its “business as usual”.
Most important of all, what does this deal say about Australian place and relationship in our region – did we contemplate, even for a moment, the potential to better engage and collaborate with neighbours on how to manage a rising China.
Do nuclear-powered submarines actually deter a rising China? Or does it merely antagonise and firmly ensure that Australia has no chance of going back to any kind of functional relations with China, with Chinese Foreign Ministry spokesman Zhao Lijian saying in response to the deal that “Australia has seriously undermined regional peace and stability, intensified the arms race and undermined international non-proliferation efforts.”
Defence Minister Peter Dutton himself has warned about growing retaliation from China, suggesting “more aggressive behaviour” ahead and that there is evidence of significant cyber attacks, “some of which the public is aware of but in other parts, not.”
Meanwhile our neighbour New Zealand, often described as our “closest friend” has been a no-nuclear zone since 1984. New Zealand Prime Minister Jacinda Ardern has already called Morrison to let him know the subs would not welcome in the waters near her country. Singapore has shared its concerns about the AUKUS alliance. Indonesia and Malaysia have expressed much more serious concerns.
These are all questions many of us want to sit back and believe are simply being answered with clear intelligence regarding our region and the growing role of China within it. That we have sound men at the helm, making sound decisions based on the best and most accurate information and advice possible.
Leaving aside the failures and shortcomings of such intelligence.
But if governments – particularly the Morrison Government – were paying any attention to advice or intelligence it would be sending and delivering on a much stronger message on climate change, on vaccine equity, on global gender equality and so much more.
We remain in the “old era” of men making decisions to suit their political agenda and it is getting more terrifying by the day.
The post Where are the female voices deciding Australia’s security, sovereignty, and climate goals appeared first on Women’s Agenda.
Final turbine erected at what will be Australia’s biggest wind and solar hybrid energy project.
The post Final turbine installed at Australia’s biggest wind and solar hybrid project appeared first on RenewEconomy.