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For the duration of the global climate meeting in Glasgow, from 31 October to 12 November, this update will come in a daily email with research from the IPA and commentary from our Special Correspondent who will be reporting on the issues behind the negotiations. The Special Correspondent is our old friend and frequent commenter Aynsley Kellow who nowadays hangs out in Tasmania.
Check out the critically important IPA research on job losses that the so-called net zero crusade will cause.
An earlier report by the IPA, Net Zero Jobs: An analysis of the employment impact of a net zero emissions target in Australia, estimated that up to 653,600 jobs could be put at direct risk from a net zero emissions target, and that the Nationals represent six of the top 10 electorates which had the most at risk jobs.
The report also finds that up to 162,100 jobs could be put at direct risk in Queensland, which is approximately 6% of the state’s workforce.
Meanwhile in the real world, coal and oil use will continue to increase up to 2040.
Countries are planning to produce more than double the amount of oil, coal and gas over the next decade than can be used if the world is to avoid dangerous climate change, a UN report says.
It warns that production plans are “dangerously out of sync” with the Paris agreement temperature limits.
It also says that the plans are inconsistent with pledges by countries to reach net-zero emissions by the middle of this century and says that climate targets must be matched by “concrete” action to reduce the production and burning of fossil fuels.