California and New Zealand have entered into what Gov. Gavin Newsom’s office described as an “international climate partnership” with aims like cutting pollution and fighting global warming, with officials signing a buzzword-heavy document on accelerating the transition to a “carbon-neutral future” that is “equitable,” “sustainable,” “resilient,” and “inclusive.” The Memorandum of Cooperation (pdf), signed on…
California and New Zealand Pledge to Fight Climate Change Together
May 28, 2022
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Asia & PacificCaliforniaclimate changeDemocratseconomyInternationalLocal NewsNew ZealandNorthern CaliforniaPolicies & ImpactsPoliticsRegional NewsRegional-Local NewsSocial IssuesSouthern CaliforniaUSUS NewsWorld
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Countering Beijing: New Australian Government Pledges Pacific Climate Investment
May 26, 2022
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Asia & PacificAustraliaBusiness & Economyclimate changeeconomic policiesInternationalPenny WongSolomon IslandsSouth PacificWang YiWorld
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Australian Foreign Minister Penny Wong has spruiked a “new era” of engagement with the Pacific in a speech to the Pacific Islands Forum in Fiji. Wong, fresh from a trip to Tokyo for the Quadrilateral Security Dialogue, is visiting the South Pacific amid Beijing’s overt push for influence in the region. The foreign minister said…
Open up the Climate Change Debate to Include Alternative Views
Ever since Prof. Wallace Broecker put the term “global warming” into the public domain, the climate change debate has gotten hotter and hotter. I am a migrant Australian in my late 50s, currently settled in Brisbane after living and working in a few different countries. I have always believed and followed climate change science that…
Major Bank CEO Says Free Speech ‘Increasingly Difficult’ After HSBC Suspends Banker Over Climate Talk
The head of one of HSBC’s biggest competitors has said that free speech is becoming “increasingly difficult” after a top executive at HSBC Holdings was suspended when he criticized central bankers and policymakers for exaggerating the financial risks of climate change. Stuart Kirk, the global head of responsible investing at HSBC’s asset management division, was suspended following an internal investigation…
Australia’s ‘Carbon Phobia’
Commentary In a revealing news article, the ABC indicated that, according to its Vote Compass data, Australians have nominated “climate change” as the most pressing issue of our time. Specifically, the article claims that “many are seeking answers on what policies each party has for one of the most pressing issues of our time.” Similarly,…
New Australian PM Promises ‘Ambitious Action’ on Climate Change
May 24, 2022
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anthony albaneseAsia & PacificAustraliaBusiness & EconomyChinaChina-Australia Relationsclimate changeeconomic policiesInternationalInternational RelationsQuadrilateral Security DialogueWorld
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Freshly minted Australian Prime Minister Anthony Albanese is pledging an ambitious climate change agenda in line with U.S. President Joe Biden, including sending foreign aid to developing nations. Albanese met with the leaders of the Quadrilateral Security Dialogue in Tokyo just days after he won the May 21 federal election. The leaders addressed a range…
HSBC Suspends Top Banker for Accusing Policymakers of Overstating Climate Risk
A top executive at HSBC Bank has been suspended after he criticized central bankers and policymakers for exaggerating the financial risks of climate change. The bank, according to a Financial Times report, has suspended Stuart Kirk, who is global head of responsible investing at HSBC’s asset management division. Kirk gained attention at an event last…
Younger Voters Given No Chance to Understand Climate Change Debate: Former Deputy PM
May 23, 2022
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Asia & PacificAustraliaaustralian federal electionAustralian federal election 2022Business & Economyclimate changeeconomic policiesInternationalJohn AndersonWorld
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Former Deputy Prime Minister John Anderson has spoken out against the over-simplification of debate on climate change and China—and the struggles of young people with understanding these issues—during the recently concluded 2022 Australian federal election. The election of so many left-wing Greens and “teal” independents reflected a strong interest from affluent and younger voters in…
Australian Treasurer Formally Concedes Electoral Seat of Kooyong
May 23, 2022
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Asia & PacificAustraliaBusiness & Economyclimate changeeconomic policiesInternationaljosh frydenbergWorld
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Former Federal Treasurer Josh Frydenberg has conceded his seat of Kooyong in east Melbourne after a tightly fought contest with climate-focused “teal” independent candidate Monique Ryan. Kooyong was formally considered a safe, blue-ribbon seat for the now-defeated Coalition, once held by centre-right Liberal Party founder Sir Robert Menzies. The electorate fell after a concerted, grassroots…
New Zealand Emissions Reduction Funding for Agriculture Paid by Other Sectors
May 18, 2022
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agricultureAsia & PacificAustraliaclimate changeemissions reductionEnvironmentNew ZealandScienceWorld
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As part of the New Zealand government’s emissions reduction plan announcement for the 2022 budget, $710 million (US$450 million) has been promised to support the agriculture industry’s efforts to lower emissions, despite not contributing a cent to the funding pool. The agricultural industry is both New Zealand’s biggest export earner and the biggest contributor to…
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