Disclosure Statement: Durand Financial Services Pty Ltd and its advisers are authorised representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. General Advice Warning: The information contained within this website does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances.
(Australian Associated Press)
The federal energy minister sees no difference with how the coalition has dealt with climate change and coronavirus in regards to listening to scientific advice.
The Morrison government has credited its coronavirus response decisions to medical experts, with the nation’s top health officers front and centre.
Energy Minister Angus Taylor says it’s the same with climate change.
“We take enormous amounts of advice from scientists,” he told the ABC on Wednesday.
But Mr Taylor believes the two problems are different as climate change is a global issue to solve.
“Emissions know no boundaries,” he said.
“Contagion happens at a local level of course, so that is a difference.”
It comes as a new study reveals restrictions in place because of coronavirus resulted in global emissions declining by 17 per cent in April.
The preliminary analysis was published in Nature Climate Change on Wednesday and is the effort of a global team including researchers from the CSIRO.
It found the peak decline of a 17 per cent drop in carbon dioxide emissions from fossil fuel sources occurred on April 7.
The decrease is compared to the same time last year, and resulted in a level of emissions not seen since 2006.
China, the US, India and other high-emitters were all in high levels of lockdown at that point in April.
Daily emissions between January and April have declined by 8.6 per cent compared to the same period last year.
Data was used from 69 countries – including Australia – that make up 97 per cent of global emissions and have 85 per cent of the world population.
“Decreases in emissions in 2020 were largest in China where industry and communities first locked down, followed by the US, Europe, and then India,” CSIRO researcher and report co-author Pep Canadell said.
Decreases were the greatest in the surface transport sector, which includes cars and shipping.
It recorded a 36 per cent decrease in emissions, equivalent to 7.5 megatonnes of carbon dioxide.
“Across other sectors, the power sector ranked second and the industry sector, encompassing manufacturing and material productions, third in terms of their contributions to the global decrease in emissions in early April,” Dr Canadell said.
There was also a 60 per cent decline in emissions from the global aviation industry in April compared to the year before, amounting to about 1.7 Mt of CO2.
If restrictions are lifted by the middle of June, the overall decrease in emissions for the year is expected to be about 4.2 per cent, compared to 7.5 per cent if countries remain at some level of lockdown until the end of the year.