It shifts the focus away from cheap, effective emissions reductions and towards expensive, ineffective measures
At the time of writing, it is 77 days since Australia’s prime minister, Scott Morrison, mentioned climate change in his official transcripts. The last mention came at the tail end of Australia’s disastrous Black Summer bushfires when Morrison declared that his government will not be adopting a “net zero by 2050” target, in favour of a “technology roadmap”.
Since that moment, the world has changed. Hundreds of thousands of people have lost their lives to a frighteningly infectious new virus. And as countries around the world begin to toy with the thought of recovery, there are increasing efforts to ensure our climb out of the hole comes paired with a permanent shift towards a deeper decoupling from our current heavy reliance on fossil fuels.
[The prime minister] advised that he had interest in government and companies addressing the issues together in the establishment of a low emissions energy fund. This would be focused on accelerating Super Dooper (his words) technology progress aimed at significantly reducing emissions.”