that is very concerning for a country like australia because we see a country like india as a potential strategic partner in the indo pacific. all of this is related and if australia can crack energy security, it can crack climate change, it can also crack global security and on something that matters for us so much in our region which is the wedge on china. has this accelerated the focus on energy security, the transition? i will be interested to hear what everybody else says. it seems to me it is balanced because on the one hand come up with energy prices soaring, the thought would be traditional sources of energy, like lots more coal in germany, and not necessarily renewables because they take time to go in. but in the longer term countries have said, hold on a second, there is now a way to decouple. i think that is exactly right| and that is the good news.
and if china and india and brazil and all the major polluters don t come to the table, we are crippling our own economy. and if countries like the uk who have been dragging us to the table and have to say you have to allow an exception for us because we have this war going on in ukraine. we have to punish russia, but are we doing ourselves any favours long term ? isn t there a danger we are going to say to a country absolutely dependent on export revenue. oh, my gosh. we just had a 90 degrees turn in this conversation. i think the morality behind i the sanctions against russia as a separate morality from climate change, i they are both morality questions, but a kindl of wholesale slaughter of a nation.. - but that is not my point. is it the danger that if you say to a country like russia that this is your one key export. we are going to stop using you. regardless of what happens in ukraine, it is over. that country then has more incentive to gain more energy dependent vassal sta
is the suggestion from the government that by 2028 half of all new cars sold have to be fully electric, not even dual. tesla, since you mention them, have done a deal with new caledonia in the pacific region tiny territory, but it happens to have one tenth of the world s nickel and suddenly, everybody needs it for batteries. presumably all of those factors, you say who owns the technology, it could be governments or government licensed technology, it will give them political power. rare earth minerals is a huge deal for australia and we have been striking deals because we are very sensitive to chinese ownership of this and we are trying to get our own self sufficiency and that is something we are trying to do with a lot of asian countries including india, which anybody watching this space knows that india is more than happy to go up and buy russian gas at the moment, which is sold to them at bargain basement prices.
australia because we see a country like india as australia because we see a country like india as a potential strategic partner like india as a potential strategic partner in like india as a potential strategic partner in the pacific. all of this is related partner in the pacific. all of this is related and if australia can crack is related and if australia can crack energy security it can crack climate crack energy security it can crack climate change. it can also crack global climate change. it can also crack global security and on something that matters for us so much in our region that matters for us so much in our region which that matters for us so much in our region which has the edge on china. has this region which has the edge on china. has this accelerated the focus on energy security, the transition to my car will be interested to hear what everybody else says. it my car will be interested to hear what everybody else says. it seems to me it is balanced what e
the world. they are written by scientists and then there is a couple of weeks where the government can scientists get together and move through the words and strike out some stuff and maybe what are things down but at the end of the day those conclusions were signed up by saudi arabia, australia, everybody. so this week we saw consensus, world consensus that this is a really serious problem and we are heading for really serious difficulties unless we urgently accelerate the decarbonisation of the world economy. not individual economies, but at the evidential basis you don t see the action we need. i don t see the action we need. i would add two points. one is that in australia would add two points. one is that in australia you will hear the refrain, and i m australia you will hear the refrain, and i m not australia you will hear the refrain, and i m not saying i agree with this but it and i m not saying i agree with this but it is and i m not saying i agree with this but it is a