Labor’s renewable energy “superpower” plan may sound good, but there are serious dangers in tying an energy transition to the profit interests of corporate capitalism. Peter Boyle reports.
public investment
With the Paris climate talks just around the corner it is timely to consider what effective policies to cut emissions might look like. Nationalisation and direct public investment are key policies that have historically been “bread and butter” political demands both for socialists and for the more radical voices within social democratic parties.
Climate activists from the Greens and Labor Environment Action Network should revisit these ideas, as they are a useful alternative to the dead end that is carbon trading.
Direct public investment