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Read about the latest climate change predictions, clean energy technology advancements, carbon markets and the transition into national carbon trading scheme.
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World first fabrication of solar cells using inkjet
technology, one the most commonly used pieces of equipment.
Konarka Technologies
Read More The federal Government has announced a release date in July for the national carbon trading timeline. Ross Garnaut released a report upon his evaluations and suggestions for a national carbon trading scheme. His main suggestion is the implementation of a tight monetary policy. ETS must also take into account increased prices on fuel and groceries on working class Australians and how low income earners will be require rebates and support. Read more. Solar PV technologies are currently at the forefront of innovation. New technologies are increasing the efficiency within PV cells and reducing the costs per kilowatt hour per installation. Technological advancements in this area are utilising nano technology to create products know as thin film technologies. Thin film nano solar products have a diverse range of applications. These technologies are being used to generate electricity from glass, roofs, structural panels, blinds etc, known as Building Integrated Photovoltaic (BIPV). The boom in Solar PV development is being led by technology companies in Silicon Valley, California. We are seeing an incredible rate of development for new and exciting technologies that will filter down to the market. The other half of the boom in Solar PV is on the stock market. With major companies receiving huge financial gains in there share value, this arena should be watched closely. Read more on nano solar product advancements. Professor Ross Garnaut released his latest report to state and commonwealth Governments with his evaluations and recommendations concerning the environment and climate change. His report outlines the dire condition that our current climate is in, highlighting that current GHG reduction levels are not enough to stem the ramifications of climate change on our environment. If these circumstances are not rectified by 2020 then avoiding the damage to Australia from climate change would be almost unattainable. Australia's current GHG reduction target by 2050 is 60%, however Professor Garnaut reports that reductions of 90% by 2050 would be necessary. The most shocking result from the report, finds that within our atmosphere our current carbon dioxide levels are far greater than previously reported. The current level is on track for a 2 degree increase in temperature. The only reason we are not seeing this increase in temperature immediately is because there is a masking affect taking place from toxic emissions other than CO2 which are actually slowing the warming effects. The report calls for governments to step up their current climate change and GHG reduction policies. To read Ross Garnaut report click here. |