Report from the WWF – five years to initiate a low carbon industrial revolution

19 10 2009

The WWF has released a news update stating that “The world has just five years to initiate a low carbon industrial revolution before runaway climate change becomes almost inevitable”. Modelling conducted by the company Climate Risk shows that major reforms to industrial practice are urgently required in order to avert catastrophic climate change. The findings call for simultaneous action to radically reduce emissions across all sectors, rather than sequential development of industries. This will require serious policy change, including feed-in tariffs for renewable energy. Kim Carstensen, leader of WWF’s Global Climate Initiative states: “The transformation will require sustained growth in clean and efficient industry in excess of 20 per cent a year over a period of decades”.

Science has spoken. Now the pragmatic steps that governments need to take have been explicitly laid out. The Federal and Victorian Governments have demonstrated that they are blantantly ignorant to the call for an urgent transition to a low carbon future in their inaction on the impending collapse of Solar Systems. As the WWF analysis advises, governments that are slow to act on the opportunity to develop renewables will end up being hit harder by start-up delays and “constraints on available resources, labour and expertise”.  Sadly though, Solar Systems, a homegrown mecca of “available resources, labour, and expertise” – not to mention groundbreaking technological innovation – is faced with closure due to lack of a political imperative to invest in renewables.

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