BOOM

Trending Searches

    SUPPORT
    BOOM

    Trending News

      • Fact Check 
        • Fast Check
        • Politics
        • Business
        • Entertainment
        • Social
        • Sports
        • World
      • Law
      • Explainers
      • News 
        • All News
      • Decode 
        • Impact
        • Scamcheck
        • Life
        • Voices
      • Media Buddhi 
        • Digital Buddhi
        • Senior Citizens
        • Videos
      • Web Stories
      • BOOM Research
      • BOOM Labs
      • Deepfake Tracker
      • Videos 
        • Facts Neeti
      • Home-icon
        Home
      • About Us-icon
        About Us
      • Authors-icon
        Authors
      • Team-icon
        Team
      • Careers-icon
        Careers
      • Internship-icon
        Internship
      • Contact Us-icon
        Contact Us
      • Methodology-icon
        Methodology
      • Correction Policy-icon
        Correction Policy
      • Non-Partnership Policy-icon
        Non-Partnership Policy
      • Cookie Policy-icon
        Cookie Policy
      • Grievance Redressal-icon
        Grievance Redressal
      • Republishing Guidelines-icon
        Republishing Guidelines
      • Fact Check-icon
        Fact Check
        Fast Check
        Politics
        Business
        Entertainment
        Social
        Sports
        World
      • Law-icon
        Law
      • Explainers-icon
        Explainers
      • News-icon
        News
        All News
      • Decode-icon
        Decode
        Impact
        Scamcheck
        Life
        Voices
      • Media Buddhi-icon
        Media Buddhi
        Digital Buddhi
        Senior Citizens
        Videos
      • Web Stories-icon
        Web Stories
      • BOOM Research-icon
        BOOM Research
      • BOOM Labs-icon
        BOOM Labs
      • Deepfake Tracker-icon
        Deepfake Tracker
      • Videos-icon
        Videos
        Facts Neeti
      Trending Tags
      TRENDING
      • #Operation Sindoor
      • #Pahalgam Terror Attack
      • #Narendra Modi
      • #Rahul Gandhi
      • #Waqf Amendment Bill
      • #Arvind Kejriwal
      • #Deepfake
      • #Artificial Intelligence
      • Home
      • World
      • Onus On Emerging Economies To...
      World

      Onus On Emerging Economies To Reduce Reliance On Australian Coal: Kevin Rudd

      By - A Staff Writer |
      Published -  12 April 2016 5:39 PM IST
    • Boomlive


      Kevin Rudd after serving Australia as the prime minister twice - 2007–10 and 2013-13 has since been active in regional and global foreign policy. Rudd is rumoured to be interested in throwing his hat into the ring for the post of UN Secretary-General. Here he is in conversation with BOOM Founder-editor Govindraj Ethiraj on the increasing cooperation between India-Australia, his country's energy policy, challenges facing the UN and more.

      Former Australian Prime Minister Kevin Rudd says that countries like India, U.S., Europe, Australia and China are on the same page, sharing a common responsibility of bringing down global carbon emissions, as agreed at the Paris Accord in December. He emphasises that it is essential to act urgently to curb climate change. The best way to deal with this is by giving renewable energy industry a strong start. Enforcement of mandatory, legally enforceable renewable energy targets like enacted in Australia should be considered.

      Decreasing carbon emissions is a challenge particularly when emerging economies like China and India are still heavily dependent on conventional energy sources - coal. The critical challenge is to impose carbon price by either a carbon tax, an emissions trading scheme or by an arrangement that causes governments and firms to understand the real price of carbon. Countries have to work collaboratively on carbon capture technologies.

      Rudd theorises that an effective coal purchase price within the economy will lead to higher levels of efficiency and cleaner energy technology. Energy efficiency would direct the decisions of buyers and sellers of coal. An example worth mentioning here is that Chinese imports of Australian coal has gone down partly due to China's own clean energy regime.

      He points out with a slowing China and recovering U.S. economy, India-Australia should cooperate beyond traditional sectors of engagement. The Indian diaspora in Australia can act as an anchor for bilateral co-operation. Australia's attractive domain of life-sciences, health sciences offers scores of opportunities.

      Rudd is rumoured to be considering running for the UN Secretary-General's post. On asked to point out the key challenges present in the U.N. structure he said that the United Nations diplomatic and security needs to become a preventative one rather than reactive.

      He also believes that both private and public capital are required to achieve the sustainable development goals.

      Rudd says the UN should look at formulating a better approach which looks at source countries, neighbouring countries, transit countries and destination countries to pave way for better sharing of global burden.

      Tags

      Australiaclimate changeEnergy policyKevin RuddUNUN Secretary-GeneralUnited NationsIndia
      Read Full Article
      Next Story
      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker. Please reload after ad blocker is disabled.
      X

      Subscribe to BOOM Newsletters

      👉 No spam, no paywall — but verified insights.

      Please enter a Email Address
      Subscribe for free!

      Stay Ahead of Misinformation!

      Please enter a Email Address
      Subscribe Now🛡️ 100% Privacy Protected | No Spam, Just Facts
      By subscribing, you agree with the Terms & conditions and Privacy Policy connected to the offer

      Thank you for subscribing!

      You’re now part of the BOOM community.

      Or, Subscribe to receive latest news via email
      Subscribed Successfully...
      Copy HTMLHTML is copied!
      There's no data to copy!