Author

Nigel Lake, Daniel Chaitow & Julian King

Title

The World’s Largest Power Cut

Synopsis

In total, around 60% of the world’s GDP is now already subject to a price on carbon, or has one legislated or planned for implementation in the next two to three years. With this in mind, the key questions for Australia are these: Can we turn adaptation to a low carbon future to our country’s advantage, and emerge from this energy revolution a winner, alongside countries such as China? Can we harness abundant zero-emission and renewable power sources in Australia to improve our competiveness in key industries? Or are we better to hold back, alongside regimes such as Saudi Arabia, Thailand, Iran, Indonesia, Argentina, Japan and Russia, and wait to see what happens?