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China's Emissions Drop, Solar Soars - Tim Buckley Ep53
Manage episode 486174564 series 3596824
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The Highlights
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* Labor's re-election * Bradfield recount - a celebration of the integrity of our voting system * Labor's Residential Battery Program - Minister Bowen re-commits to his election pledge of $2.3bn home and business BESS subsidy * Australia on track to see utility BESS increase 8x to 16GW by end 2027
The Lowlights* The Albanese Government approved the North West Shelf expansion. The decision will put 4.4 billion tonnes of carbon into the atmosphere in the coming decades. That’s the equivalent of approving 12 new coal fired power stations * Queensland Deputy Premier rejecting a 450MW Wind farm and BESS - climate science denialism in the LNP strikes again
The Big Story this week* China emissions peaked in March 2024, and now for 12 months have plateaued and marginally declined * 4MCY2025 thermal power generation in China down 3.6% yoy * China installs 46GW of solar in just the single month of April 2025
What's coming up* A carbon market price path towards an Asian CBAM - new Climate Energy Finance report released next week
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