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Markets & Forecasts

Wildfires intensify scrutiny of Australian energy mix

Australia’s wildfires have provoked calls for a cleaner energy mix, but supply constraints make it unlikely this will substantially boost gas Australia’s wildfires have provoked calls for a cleaner energy mix, but supply constraints make it unlikely this will substantially boost gas.
By Peter Stewart 24 January 2020 Asia Pacific / Supply & Demand 0 34960
Australian Prime Minister Scott Morrison has ridiculed those who claim anthropogenic global warming is responsible for the wildfires. (pixabay.com)

Scientists have long warned that a hotter, drier climate would contribute to the severity of wildfires in countries such as Australia, where they are an annual danger. The fires this season have been more intense and more widespread than ever before, throwing the spotlight on the nation’s energy mix – which is dominated by coal and is the most carbon-intensive in the OECD. Many people believe this has contributed to global warming and thus indirectly caused the bushfires, which have left at least 27 people...