Former Australian prime minister Malcolm Turnbull says is falling behind the rest of the world when it comes to fossil fuels and clean energy investment.
“There is a really prosperous, cheaper energy future for Australia… post coal”
He says oversea’s leaders question to Australia is “why are you hanging on to fossil fuels”
The prominent Australian political figure, serving as the 29th Australian Prime Minister from 2015 to 2018, says he expects to see more investment in clean and renewable energy in the upcoming Federal Budget.
The Australian government will deliver the Federal Budget at 7:30pm AEST on Tuesday, May 11.
Treasurer Josh Frydenberg will reveal how the Morrison government is going to spend taxpayer’s money over the next four years, and Turnbull believes investment in coal is a “mistake”
What does Turnbull want to see in the budget?
From a climate perspective, Turnbull is hoping to see a substantial investment in climate initiatives towards climate action, renewables, zero-emissions industries.
“I hope gas led recovery doesn’t make much of an appearance, that is a complete dud”
malcolm turnbull on ticker news.
He believes the answer to boosting Australia’s action toward climate change is putting resources behind technologies of the future. However, this will require some significant projects.
“I worry the government will put small amount of money behind essentially pilot projects”
Turnbull says scale is key, like Australia’s Snowy Hydro and the GenX project, that Turnbull has a huge presence in forwarding.
He is calling for the Morrison government to just “get on with it”
Where is Australia compared to other global economies?
President Biden hosted the virtual climate summit, where we saw America and China commit to pretty impressive targets against climate change, Australia though seems to be falling behind.
Turnbull told ticker that he has spoken to people in the Biden Administration about carbon tariffs.
“Views are generally divided” he says.
“Politicians love nothing more than a bit of protectionism.”
He draws on the “usual nice argument” that politicians like to claim they’re “protecting local jobs and businesses, but also saving the planet.
Are the nationals ‘cozying up’ to coal companies?
Turnbull says the nationals are advocates for the big mining companies.
TurnbullMalcolm says new jobs at Australian mines will only come at the cost of exisiting jobs in current mines #huntervalley
How can Australia secure its economic future?
Turnbull says Australia is the most successful, multi-cultural society in the world and “that is an incredible achievement”… but says “we have to make sure we’re not getting left behind.
“We have to make sure we’re not getting left behind as some Trumpian, fossil fuel hugging, back water in the south pacific”
Mr Turnbull has written a letter objecting to the expansion of a coal mine in the Mount Pleasant area, in the Hunter Valley, and says investment in coal is a mistake to current jobs in fossil fuel industries too.
“I’m sure I made plenty of mistakes”
Turnbull was the Prime Minister of Australia from 2015 to 2018. He recalls his power in the top position and what he wish he could have done, if he had more time.
Turnbull says he had to recognise politics is a tough business. He recently worked with publisher, Hardie Grant books to publish “A bigger picture” and highlights “Our nation, our Australian Project, is a remarkable one. But we cannot take its endurance or its success for granted.”
He is speaking at the Smart Energy 2021 conference in Sydney on Wednesday, 12th May. His speech is “the courage to act: planning for a future beyond coal”
Turnbull joined renewable energy expert and ambassador climate change, Scott Hamilton, alongside ticker anchor Holly Stearnes on Monday, live on Monday evening AEST to discuss climate action.
Every week, Scott Hamilton joins Holly Stearnes on tickerCLIMATE to discuss climate change and what action our world leaders are taking to tackle it.
TikTok is tightening its regulations on influencers who promote weight-loss drugs like Ozempic.
With over 170 million users in the US, the app aims to prevent the spread of potentially harmful content related to rapid weight loss.
Starting in May, TikTok will prohibit influencers from posting “before-and-after” photos and restrict minors from accessing weight-loss content deemed risky. The crackdown extends to any content promoting drastic weight loss methods, aiming to combat the promotion of unrealistic body standards.
However, some influencers, like Dave Knapp and Kim Carlos, criticise the move, arguing it discriminates against those with health conditions. Others fear losing their income as TikTok takes down their content, prompting concerns about the platform’s future amid potential US bans.
As TikTok enforces stricter guidelines, influencers may seek alternative platforms to share weight-loss content. Despite the popularity of drugs like Ozempic and Wegovy, the crackdown reflects growing concerns about the impact of such promotions on user health.
Nintendo Switch fans rejoice! The recent Indie World Showcase unveiled 17 new titles coming in 2024.
Including in the rundown is the adorable “Little Kitty, Big City” and explosive platformer “Anton Blast.” In other news, “Stellar Blade” confirms an uncensored release on PlayStation 5, Fallout’s TV adaptation gears up for Season 2, and Keanu Reeves joins the cast of Sonic 3 as Shadow. New releases this week include “Tales of Kenzera: Zau” and “Teenage Mutant Ninja Turtles Arcade: Wrath of the Mutants,” while “Fallout 4” gets a next-gen update. With “Stellar Blade” topping the list, gamers have plenty to look forward to in the coming weeks.
The first day of Donald Trump’s criminal hush money trial that the former president broke the law and corrupted the 2016 election, while his defence lawyer said he committed no crime.
On this episode of Ticker Today – Former President Donald Trump’s hush money trial is officially underway, President Joe Biden makes cannibal claims, TikTok US ban enters the next phase and Gen Z’s are dropping degrees and picking up tools to become blue-collar workers.