It's a global crisis, Oldie.
Like many I'm sure, I've been alternately angry, sad, frustrated, despondent and sometimes all four at once, at the lack of climate action and the terrible consequences that are literally raining down on ordinary people. But at heart I'm an optimist. There are so many chickens coming home to roost that a lot of foxes will be smothered in the hen house. I read the war in Ukraine is likely to accelerate the transition to renewables. These climate change disasters cannot be denied; scales are falling from the eyes of all but the most wilfully ignorant or hopelessly stupid.
Within three months we will have "the most left-wing Labor PM since Whitlam". They will have a mandate, and they will get *smile* done. A large Green/Independent vote will hold them to account. We will get to 50% reduction and net zero faster than current targets, is my tip.
But it's a global crisis, and Australia is not an island. We're a small continent at the arse end of the world. More needs to be done everywhere, but I feel we're at a tipping point. People are sick of it. The US, being the redneck backwater it currently is, will drag its feet, but ultimately money talks.
Mike Cannon-Brookes’ audacious bid to takeover AGL signals the next, more aggressive, chapter in the evolution of activist investing.
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