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Australia

Heavy Industries in Australia's Regions Could Cut Emissions by 80% and Create a Jobs Bonanza, Report Says (theguardian.com) 67

The regional powerhouses of Australia's industrial economy could slash their greenhouse gas emissions by more than 80% and become centres for multibillion-dollar investments in renewable energy, according to a report backed by some of the country's biggest companies. From a report: Bringing down emissions from producing iron, steel, aluminium, chemicals and liquefied natural gas is seen as one of the most challenging parts of Australia's efforts to reach net zero. But the report from the Australian Industry Energy Transitions Initiative (ETI), a partnership between heavy industry and experts working on decarbonisation, says the transition is possible using a range of known technologies, and would bring a jobs bonanza. By introducing a range of technologies along the supply chain, most of them proven and some already commercially available, the report says greenhouse gas emissions could be cut annually by 69.5m tonnes of CO2-equivalent -- about 14% of Australia's current total emissions.
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Heavy Industries in Australia's Regions Could Cut Emissions by 80% and Create a Jobs Bonanza, Report Says

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  • become centres for multibillion-dollar investments in renewable energy

    The only "investors" will be governments — spending the monies of their (captive) taxpayers.

    jobs bonanza

    Jobs aren't the goal. Goods (and services) are the goal — producing something, people want. Employees are means of achieving that goal...

    report backed by some of the country's biggest companies

    Yes, the bigger the company, the better it can manipulate government officials into "investing" other people's monies into doing some

  • Get everyone in the world out of extreme poverty, then reverse the pollution damage. It is not irreversible. A lot of these green initiatives come at the expense of global economic wellbeing.

    • Get everyone in the world out of extreme poverty, then reverse the pollution damage.

      You know what happens when people get out of poverty? Did you guess their energy use goes up?

      It is not irreversible.

      Holy shit. That's a new one. I mean I've heard global warming is a myth, it's not man made, okay it is but it's small, I've heard we can't do anything about it, it's all China's fault, etc. But I've never heard "it's not irreversible". That's a new one even for some of the dumber Slashdotters.

      A lot of these green initiatives come at the expense of global economic wellbeing.

      Except they don't because they generate jobs and promote the economy while not hurting economic wellbeing one bit.

      I wonder if

      • So you want to keep people poor is that it? I have a better idea, why don't you give up energy use and swap places with someone who is poor? Are you too good to be poor but someone else isn't?

        • by q_e_t ( 5104099 )

          So you want to keep people poor is that it?

          False dichotomy.

          I have a better idea, why don't you give up energy use and swap places with someone who is poor?

          Germany, with half the CO2/capita has about the same GDP/capita as Australia. Thus it seems possible to have relatively high energy use and GDP/capita without such high CO2/capita usage as Australia. We're not talking about Botswana here, we are talking about Australia. Building suitable energy systems for countries in Africa, as an example, that are low carbon is a slightly different conversation. Given the reducing cost per MWh of low-carbon sources, then there is no particular reason why

      • Of course it is reversible. If you can push the climate one way .. you can shove it back the other way by methods like carbon sequestration. Reference: https://www.climate.gov/news-f... [climate.gov]

        "If all human emissions of heat-trapping gases were to stop today, Earth’s temperature would continue to rise for a few decades as ocean currents bring excess heat stored in the deep ocean back to the surface. Once this excess heat radiated out to space, Earth’s temperature would stabilize. Experts think the add

        • by q_e_t ( 5104099 )

          Of course it is reversible. If you can push the climate one way .. you can shove it back the other way by methods like carbon sequestration.

          Carbon sequestration is difficult. If it was easy and cheap we'd already be doing it.

          And just because you can, say, glue a Ming vase back together doesn't mean you should play a game of catch with it. It's not going to be quite the same afterwards. There might be bits (in the case of the earth think species) missing afterwards and it might not be quite as robust. It's expensive and it may take a while to be fixed.

    • We've been able to end extreme poverty for about 3-5 decades now. None of these initiatives interfere with or change that. We don't want to. Partially because that money belongs to the 1%, partially for various imperialism and empire building reasons and partially because some folks just want there to be poor people in the world.

      Poverty is a social problem.
  • by zkiwi34 ( 974563 ) on Tuesday June 21, 2022 @03:18PM (#62640334)
    Will no doubt increase, maybe even double if they do this.
    • because mitigating climate change will save billions. Now, profits might decrease. Jeff Bezos might need to put regular unleaded in his super yacht. But prices aren't going to go up any more than they would from the climate change damage, probably a lot less since this would make a ton of new, productive jobs.
  • by galabar ( 518411 ) on Tuesday June 21, 2022 @03:50PM (#62640410)
    More workers to produce the same amount of goods? That is some kind of "bonanza," I guess...
  • Comment removed based on user account deletion

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