Bushfires, bots and arson claims: Australia flung in the global disinformation spotlight


Timothy Graham, Queensland University of Technology and Tobias R. Keller, Queensland University of Technology

In the first week of 2020, hashtag #ArsonEmergency became the focal point of a new online narrative surrounding the bushfire crisis.

The message: the cause is arson, not climate change.

Police and bushfire services (and some journalists) have contradicted this claim.

We studied about 300 Twitter accounts driving the #ArsonEmergency hashtag to identify inauthentic behaviour. We found many accounts using #ArsonEmergency were behaving “suspiciously”, compared to those using #AustraliaFire and #BushfireAustralia.

Accounts peddling #ArsonEmergency carried out activity similar to what we’ve witnessed in past disinformation campaigns, such as the coordinated behaviour of Russian trolls during the 2016 US presidential election.

Bots, trolls and trollbots

The most effective disinformation campaigns use bot and troll accounts to infiltrate genuine political discussion, and shift it towards a different “master narrative”.

Bots and trolls have been a thorn in the side of fruitful political debate since Twitter’s early days. They mimic genuine opinions, akin to what a concerned citizen might display, with a goal of persuading others and gaining attention.

Bots are usually automated (acting without constant human oversight) and perform simple functions, such as retweeting or repeatedly pushing one type of content.

Troll accounts are controlled by humans. They try to stir controversy, hinder healthy debate and simulate fake grassroots movements. They aim to persuade, deceive and cause conflict.

We’ve observed both troll and bot accounts spouting disinformation regarding the bushfires on Twitter. We were able to distinguish these accounts as being inauthentic for two reasons.

First, we used sophisticated software tools including tweetbotornot, Botometer, and Bot Sentinel.

There are various definitions for the word “bot” or “troll”. Bot Sentinel says:

Propaganda bots are pieces of code that utilize Twitter API to automatically follow, tweet, or retweet other accounts bolstering a political agenda. Propaganda bots are designed to be polarizing and often promote content intended to be deceptive… Trollbot is a classification we created to describe human controlled accounts who exhibit troll-like behavior.

Some of these accounts frequently retweet known propaganda and fake news accounts, and they engage in repetitive bot-like activity. Other trollbot accounts target and harass specific Twitter accounts as part of a coordinated harassment campaign. Ideology, political affiliation, religious beliefs, and geographic location are not factors when determining the classification of a Twitter account.

These machine learning tools compared the behaviour of known bots and trolls with the accounts tweeting the hashtags #ArsonEmergency, #AustraliaFire, and #BushfireAustralia. From this, they provided a “score” for each account suggesting how likely it was to be a bot or troll account.

We also manually analysed the Twitter activity of suspicious accounts and the characteristics of their profiles, to validate the origins of #ArsonEmergency, as well as the potential motivations of the accounts spreading the hashtag.

Who to blame?

Unfortunately, we don’t know who is behind these accounts, as we can only access trace data such as tweet text and basic account information.

This graph shows how many times #ArsonEmergency was tweeted between December 31 last year and January 8 this year:

On the vertical axis is the number of tweets over time which featured #ArsonEmergency. On January 7, there were 4726 tweets.
Author provided

Previous bot and troll campaigns have been thought to be the work of foreign interference, such as Russian trolls, or PR firms hired to distract and manipulate voters.

The New York Times has also reported on perceptions that media magnate Rupert Murdoch is influencing Australia’s bushfire debate.




Read more:
Weather bureau says hottest, driest year on record led to extreme bushfire season


Weeding-out inauthentic behaviour

In late November, some Twitter accounts began using #ArsonEmergency to counter evidence that climate change is linked to the severity of the bushfire crisis.

Below is one of the earliest examples of an attempt to replace #ClimateEmergency with #ArsonEmergency. The accounts tried to get #ArsonEmergency trending to drown out dialogue acknowledging the link between climate change and bushfires.

We suspect the origins of the #ArsonEmergency debacle can be traced back to a few accounts.
Author provided

The hashtag was only tweeted a few times in 2019, but gained traction this year in a sustained effort by about 300 accounts.

A much larger portion of bot and troll-like accounts pushed #ArsonEmergency, than they did #AustraliaFire and #BushfireAustralia.

The narrative was then adopted by genuine accounts who furthered its spread.

On multiple occasions, we noticed suspicious accounts countering expert opinions while using the #ArsonEmergency hashtag.

The inauthentic accounts engaged with genuine users in an effort to persuade them.
author provided

Bad publicity

Since media coverage has shone light on the disinformation campaign, #ArsonEmergency has gained even more prominence, but in a different light.

Some journalists are acknowledging the role of disinformation bushfire crisis – and countering narrative the Australia has an arson emergency. However, the campaign does indicate Australia has a climate denial problem.

What’s clear to me is that Australia has been propelled into the global disinformation battlefield.




Read more:
Watching our politicians fumble through the bushfire crisis, I’m overwhelmed by déjà vu


Keep your eyes peeled

It’s difficult to debunk disinformation, as it often contains a grain of truth. In many cases, it leverages people’s previously held beliefs and biases.

Humans are particularly vulnerable to disinformation in times of emergency, or when addressing contentious issues like climate change.

Online users, especially journalists, need to stay on their toes.

The accounts we come across on social media may not represent genuine citizens and their concerns. A trending hashtag may be trying to mislead the public.

Right now, it’s more important than ever for us to prioritise factual news from reliable sources – and identify and combat disinformation. The Earth’s future could depend on it.The Conversation

Timothy Graham, Senior lecturer, Queensland University of Technology and Tobias R. Keller, Visiting Postdoc, Queensland University of Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

In fact, there’s plenty we can do to make future fires less likely



It’s in our power to influence the climate by influencing the nations who help determine the climate.
Victorian government

Peter Martin, Crawford School of Public Policy, Australian National University

One of the dominant ideas buzzing around the internet is that there’s little we can do to escape the prospect of more frequent and worse bushfires – ever.

That’s because there’s little we can do to slow or reverse the change in the climate.

Australia accounts for just 1.3% of global emissions. That’s much more than you would expect on the basis of our share of world’s population, which is 0.33%. But even if we stopped greenhouse gas emissions as soon as we could and started sucking carbon back in (as would be possible with reafforestation) it’d make little difference to total global emissions, which is what matters – or so the argument goes.

But this argument ignores the huge out-of-proportion power we have to influence
other countries.

There’s no better indicator of that than in Ross Garnaut’s new book Super-power: Australia’s low-carbon opportunity.




Read more:
The bushfires are horrendous, but expect cyclones, floods and heatwaves too


We’re more important than we think

The cover of ‘Super-power’ by Ross Garnaut.
Supplied

Garnaut conducted two climate change reviews for Australian governments, the first in 2008 for the state and Commonwealth governments, and the second in 2011 for the Gillard government.

In the second, he produced two projections of China’s emissions, based on what was known at the time.

One was “business as usual”, which showed continued very rapid increases. The other took into account China’s commitments at the just-completed 2010 United Nations Cancun climate change conference.

China’s annual emissions matter more than those of any other country – they account for 27% of the global total, which is a relatively new phenomenon.

The bulk of the industrial carbon dioxide already in the atmosphere was put there by the United States and the Soviet Union, who have been big emitters for much longer.

Egged on by the US Obama administration and by governments including Australia’s under Julia Gillard, China agreed at Cancun to slow its growth in emissions, and at the Paris talks in 2015 hardened this into a commitment to stabilise them by 2030.

The extraordinary graph

Garnaut’s 2011 projections showed growth moderating as a result of China’s commitment, which was at the time a cause for optimism.

When he returned to the numbers in 2019 to prepare his book, he was stunned. Egged on by the example of countries including the US and Australia, China had done far, far better than either “business as usual” or its Cancun commitments. Instead of continuing to grow rapidly, or less rapidly as China had said they would, they had almost stopped growing.

The graph, produced on page 29 of Garnaut’s book, is the most striking I have seen.



Since 2011, China’s emissions have been close to spirit-level flat. They climbed again only from 2017 when, under Trump in the US and various Coalition prime ministers in Australia, the moral pressure eased.

From the start of this century until 2011, China’s consumption of coal for electricity climbed at double-digit rates each year. From 2013 to 2016 (more than) every single bit of China’s extra electricity production came from non-emitting sources such as hydro, nuclear, wind and sun.

There are many potential explanations for the abrupt change. Pressure from nations including the US and Australia is only one.

What happened once could happen again

And there are many potential explanations for China’s return to form after Trump backslid on the Paris Agreement and Australia started quibbling about definitions.
An easing of overseas pressure is only one.

But, however brief, the extraordinary pause gives us cause for hope.

Australia can matter, in part because it is hugely respected in international forums for its technical expertise in accounting for carbon emissions, and in part because of its special role as one of the world’s leading energy exporters.

Garnaut’s book is about something else – an enormous and lucrative opportunity for Australia to produce and export embedded energy sourced from wind and the sun at a cost and scale other nations won’t be able to match.




Read more:
Australia could fall apart under climate change. But there’s a way to avoid it


Some of it can be used to convert water into hydrogen. That can be used to turn what would otherwise be an intermittent power supply into a continuous one that enables around-the-clock production of the green steel, aluminium, and other zero-emission products Japan, Korea, the European Union and the United Kingdom are going to be demanding.

It’s a vision backed by Australia’s chief scientist.

It wouldn’t have been possible before. It has been made possible now by the extraordinary fall in the cost of solar and wind generation, and by something just as important – much lower global interest rates. Solar and wind generators cost money upfront but cost very little to operate. Interest rates are the cost of the money upfront.

At least three consortia are drawing up plans.

There’s not much to lose

There’s much that needs to be done, including establishing the right electricity transmission links. But Garnaut believes it can all be done within the government’s present emissions policy, helping it achieve its emission reduction targets along the way.

What’s relevant here is that moving to ultra-low emissions would do more. It could give us the kind of outsized international influence we are capable of. It could help us make a difference.The Conversation

Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Listen to your people Scott Morrison: the bushfires demand a climate policy reboot



Scott Morrison’s response to the bushfires has been roundly criticised as being too slow and out of touch.
James Ross/AAP

Tony Walker, La Trobe University

Frank Jotzo, the director of the Centre for Climate and Energy Policy at Australian National University, has some constructive advice for Prime Minister Scott Morrison in a column today for the ABC: do not waste an opportunity to recalibrate his government’s approach on climate change.

Morrison should heed Jotzo’s suggestion that he and his cabinet need to “drop the old anti-climate change stance”. As Jotzo writes,

You’ve been politically locked into a no-action position, but the bushfires give you the reason to change […] You can make it your mission to protect the country from harm, an essential conservative cause.

Jotzo speaks with authority as one of the country’s foremost experts on climate reduction policies. He has a global reputation.




Read more:
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Whether Morrison is capable of a course correction on climate change and, in the process, yield on an issue he has used to wedge his political opponents remains to be seen. However, he would be unwise to pretend that once the immediate bushfire danger passes and the smoke clears, the country will return to normal politically.

The nation will expect – indeed it will demand – that any government, conservative or Labor, face up to what is the new normal of a drying continent rendering human settlement increasingly vulnerable to extreme weather. Failure to do so will exact a heavy political price.

Scott Morrison’s holiday trip to Hawaii immediately came under fire from those who accused him of being out of touch with fire victims.
Steven Saphore/AAP

Morrison’s fallback positions are less defensible

The prime minister insists he has not denied there is a link between climate change and bushfires, but at best his responses on the subject have been evasive and self-serving politically.

Pressed on the issue, his fallback position is to say

I am sure you would also agree that no response by any one government anywhere in the world can be linked to one fire event.

That might be true, but it is hardly the point in the wider scheme of what measures might be adopted to address problems of a sluggish response to the bushfire emergency.

Morrison and others in his government might also go easy on claims that local opposition to hazard reduction burning in native forests contributed to the fires. This is a coded attacked on the Greens and is not supported by the evidence.

When in doubt, politically you might say, blame the Greens.




Read more:
Politics with Michelle Grattan: Minister David Littleproud on bushfires, drought, and the Nationals


Memo to Scott Morrison: people are fed up with politics proving to be a constraint on the development of a credible and sustainable climate policy that involves reasonable transitional steps to a low-carbon economy over time.

As such, he might also drop his claim that calls to reduce carbon emissions are “reckless”.

Where the prime minister is particularly vulnerable – this will be subject studied closely by any future commission of inquiry – lies in his refusal to meet a group of former emergency services leaders calling itself Emergency Leaders for Climate Change.

In April, the leader of the group, Greg Mullins, a former commissioner of NSW Fire and Rescue, wrote to Morrison warning him of the threat of “increasingly catastrophic extreme weather events”.

In September, this expert group wrote again to the prime minister asking for a meeting.

They received no constructive response.

Likewise, academic warnings about risks of climate-induced extreme weather events have been ignored.

In a March 2019 report for the Australian Strategic Policy Institute, ANU professor Robert Glasser called specifically for a national strategy to deal with climate disaster preparedness.

More than 500 Australians, about the same number who died in the Vietnam War, die each year from heat stress alone. The annual economic costs of natural disasters are projected to increase to A$39 billion by 2050, which is roughly equivalent to what the Australian government spends annually on defence.

Bear in mind Glasser’s report was written before these Christmas-New Year bushfire disasters.

We need to begin preparing now for this changing climate, by developing a national strategy that outlines exactly how we move on from business as usual and adopt a more responsible approach to climate disaster preparedness.

Demonstrating empathy, not political calculations

This bring us to issues surrounding the PM’s own leadership during the crisis.

Rosemary Williamson of the University of New England concluded a useful survey of Australian prime ministers’ responses to natural disasters last year with these words:

Australians will expect prime ministers to come and see for themselves, to demonstrate empathy and to instil confidence in recovery.

If these are the benchmarks for prime ministerial behaviour during a crisis brought on by disaster whether it is flood, fire or cyclone, Morrison has not lived up to these expectations.

First, he was – inexplicably – out of the country on holiday while uncontrollable fires began ravaging his home state of New South Wales.

Second, he has had trouble demonstrating reasonable empathy for victims of the fires.

And third, he has had difficulty accepting the Commonwealth had a shared responsibility for assisting the states in coping with the fallout from arguably the worst natural disaster in Australian history.

What has been most surprising is the time it has taken for Canberra to understand that such are the dimensions of this disaster that military assistance was necessary.

Weeks passed without the Australian Defence Force (ADF) being called out. The explanation for this delay is that states had not asked for military involvement, as if the out-of-control bushfires themselves respected state boundaries – or Commonwealth-state relations.

Coordination between Canberra and the states has improved in recent days, but in the early stages such cooperation left much to be desired.

In all of this, it is clear Morrison has laboured under a constraint of not wanting to antagonise the climate-sceptic right of his party by immediately conceding that global warming and bushfires are linked.

This would explain his tardiness in acknowledging the extent of the disaster.

Politically, he may well believe that climate remains an important point of difference between parties of left and right.




Read more:
Mr Morrison, I lost my home to bushfire. Your thoughts and prayers are not enough


Debate over climate – whether it is changing, and if so what to do about it – has become a culture wars issue over the years to the point where it has proved to be a useful political device for parties of the right.

As a politician of the right, Morrison would be reluctant to yield ground on issues to do with electricity prices that might benefit him politically in the future.

These are the political considerations that would be weighing in his calculations.

Morrison tours a scorched farm in Victoria last week.
James Ross/AAP

Charting a new course

However, the ground is shifting politically.

Polls indicate the environment is assuming greater importance among Australians. It is not far behind the economy and health in people’s concerns, according to an exhaustive poll conducted by the ANU’s 2019 Australian Election Study.

Among issues that will burden governments – both federal and state – over the next months will be the heavy costs associated with cleaning up the mess. All up, costs will run into the billions given the dimensions of destruction.

Inevitably, the bushfires will have an impact on economic activity in the December and March quarters. Growth is anaemic in any case, and may well become weaker as a consequence of reduced economic activity during the bushfire season.

Whatever economic fallout ensues, the political costs for the prime minister will continue to weigh heavily.

He would do himself a favour by advancing a credible climate and land management policy that ensures the country is better prepared when the next disaster strikes, as it surely will.The Conversation

Tony Walker, Adjunct Professor, School of Communications, La Trobe University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Our ability to manufacture minerals could transform the gem market, medical industries and even help suck carbon from the air



Pictured is a slag pile at Broken Hill in New South Wales. Slag is a man-made waste product created during smelting.
Anita Parbhakar-Fox, Author provided

Anita Parbhakar-Fox, The University of Queensland and Paul Gow, The University of Queensland

Last month, scientists uncovered a mineral called Edscottite. Minerals are solid, naturally occurring substances that are not living, such as quartz or haematite. This new mineral was discovered after an examination of the Wedderburn Meteorite, a metallic-looking rock found in Central Victoria back in 1951.

Edscottite is made of iron and carbon, and was likely formed within the core of another planet. It’s a “true” mineral, meaning one which is naturally occurring and formed by geological processes either on Earth or in outer-space.

But while the Wedderburn Meteorite held the first-known discovery of Edscottite, other new mineral discoveries have been made on Earth, of substances formed as a result of human activities such as mining and mineral processing. These are called anthropogenic minerals.

While true minerals comprise the majority of the approximately 5,200 known minerals, there are about 208 human-made minerals which have been approved as minerals by the International Mineralogical Association.

Some are made on purpose and others are by-products. Either way, the ability to manufacture minerals has vast implications for the future of our rapidly growing population.

Modern-day alchemy

Climate change is one of the biggest challenges we face. While governments debate the future of coal-burning power stations, carbon dioxide continues to be released into the atmosphere. We need innovative strategies to capture it.

Actively manufacturing minerals such as nesquehonite is one possible approach. It has applications in building and construction, and making it requires removing carbon dioxide from the atmosphere.




Read more:
Climate explained: why carbon dioxide has such outsized influence on Earth’s climate


Nesquehonite occurs naturally when magnesian rocks slowly break down. It has been identified at the Paddy’s River mine in the Australian Capital Territory and locations in New South Wales.

But scientists discovered it can also be made by passing carbon dioxide into an alkaline solution and having it react with magnesium chloride or sodium carbonate/bicarbonate.

This is a growing area of research.

Other synthetic minerals such as hydrotalcite are produced when asbestos tailings passively absorb atmospheric carbon dioxide, as discovered by scientists at the Woodsreef asbestos mine in New South Wales.

You could say this is a kind of “modern-day alchemy” which, if taken advantage of, could be an effective way to suck carbon dioxide from the air at a large scale.

Meeting society’s metal demands

Mining and mineral processing is designed to recover metals from ore, which is a natural occurrence of rock or sediment containing sufficient minerals with economically important elements. But through mining and mineral processing, new minerals can also be created.

Smelting is used to produce a range of commodities such as lead, zinc and copper, by heating ore to high temperatures to produce pure metals.

The process also produces a glass-like waste product called slag, which is deposited as molten liquid, resembling lava.

This is a backscattered electron microscope image of historical slag collected from a Rio Tinto mine in Spain.
Image collected by Anita Parbhakar-Fox at the University of Tasmania (UTAS)

Once cooled, the textural and mineralogical similarities between lava and slag are crystal-clear.

Micro-scale inspection shows human-made minerals in slag have a unique ability to accommodate metals into their crystal lattice that would not be possible in nature.

This means metal recovery from mine waste (a potential secondary resource) could be an effective way to supplement society’s growing metal demands. The challenge lies in developing processes which are cost effective.




Read more:
Wealth in waste? Using industrial leftovers to offset climate emissions


Ethically-sourced jewellery

Our increasing knowledge on how to manufacture minerals may also have a major impact on the growing synthetic gem manufacturing industry.

In 2010, the world was awestruck by the engagement ring given to Duchess of Cambridge Kate Middleton, valued at about £300,000 (AUD$558,429).

The ring has a 12-carat blue sapphire, surrounded by 14 solitaire diamonds, with a setting made from 18-carat white gold.

Replicas of it have been acquired by people across the globe, but for only a fraction of the price. How?

In 1837, Marc Antoine Gardin demonstrated that sapphires (mineralogically known as corundum or aluminium oxide) can be replicated by reacting metals with other substances such as chromium or boric acid. This produces a range of seemingly identical coloured stones.

On close examination, some properties may vary such as the presence of flaws and air bubbles and the stone’s hardness. But only a gemologist or gem enthusiast would likely notice this.

Diamonds can also be synthetically made, through either a high pressure, high temperature, or chemical vapour deposition process.

Synthetic diamonds have essentially the same chemical composition, crystal structure and physical properties as natural diamonds.
Instytut Fizyki Uniwersytet Kazimierza Wielkiego

Creating synthetic gems is increasingly important as natural stones are becoming more difficult and expensive to source. In some countries, the rights of miners are also violated and this poses ethical concerns.

Medical and industrial applications

Synthetic gems have industrial applications too. They can be used in window manufacturing, semi-conducting circuits and cutting tools.

One example of an entirely manufactured mineral is something called yttrium aluminum garnet (or YAG) which can be used as a laser.

In medicine, these lasers are used to correct glaucoma. In dental surgery, they allow soft gum and tissues to be cut away.

The move to develop new minerals will also support technologies enabling deep space exploration through the creation of ‘quantum materials’.

Quantum materials have unique properties and will help us create a new generation of electronic products, which could have a significant impact on space travel technologies. Maybe this will allow us to one day visit the birthplace of Edscottite?




Read more:
How quantum materials may soon make Star Trek technology reality


In decades to come, the number of human-made minerals is set to increase. And as it does, so too does the opportunity to find new uses for them.

By expanding our ability to manufacture minerals, we could reduce pressure on existing resources and find new ways to tackle global challenges.The Conversation

Anita Parbhakar-Fox, Senior Research Fellow in Geometallurgy/Applied Geochemistry, The University of Queensland and Paul Gow, Principal Research Fellow, The University of Queensland

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Nuclear power should be allowed in Australia – but only with a carbon price



The Opal nuclear research reactor at Lucas Heights in Sydney. It does not produce nuclear energy but is used to produce medical radioisotopes and for other purposes.
Tracey Nearmy/AAP

John Quiggin, The University of Queensland

Looking at the state of policy on energy and climate change in Australia, it’s tempting to give in to despair. At the national level, following the abandonment of the National Energy Guarantee last year, we have no coherent energy policy and no serious policy to address climate change.

In this context, the announcement of two separate inquiries into the feasibility of nuclear power (by the New South Wales and federal parliaments) could reasonably give rise to cynicism. The only possible case for considering nuclear power, in my view, is that it might provide a way to decarbonise our electricity supply industry.

Yet many of the keenest boosters of nuclear power have consistently opposed any serious measure to address climate change, and quite a few have rejected mainstream science altogether.

Activists dressed as nuclear waste barrels protesting at the Lucas Heights nuclear reactor in 2001. Nuclear technology in Australia has long raised concern among environmentalists.
Laura Frriezer/AAP



Read more:
Australia should explore nuclear waste before we try domestic nuclear power


Yet in a situation which all responsible people view as a climate emergency, we can’t afford the luxury of despair. For this reason, rather than dismissing these inquiries as political stunts, I made a submission to the federal inquiry setting out the conditions required to allow for any possibility of nuclear power in Australia.

The submission was picked up by the national media, which largely focused on my proposal to lift the state ban on nuclear power and implement a carbon price.

The reception from commentators on the right, who want the ban lifted, and from renewables advocates, who want a price on carbon, suggests a middle ground on nuclear power may be achievable.

The three big problems with nuclear power

Three fundamental problems arise immediately when considering the prospect of nuclear power in Australia. First, the technology is expensive: more expensive than new fossil-fuelled power stations, and far too expensive to compete with existing fossil fuel generators under current market conditions.

Second, given the time lags involved, any substantial contribution from nuclear power in Australia won’t be available until well beyond 2030.

Third, given the strong public opposition to nuclear power, particularly from the environmental movement, any attempt to promote nuclear power at the expense of renewables would never get broad support. In these circumstances, any investor in nuclear power would face the prospect of losing their money the moment the balance of political power shifted.

A technician uses a hot cell which shields radioactive material at the Opal nuclear research reactor at Lucas Heights in Sydney.
Tracey Nearmy/AAP

On the first point, we have some evidence from the contract agreed by the UK government in for the construction of the Hinkley C nuclear power plant. This was the first new nuclear construction project to be approved in an OECD country for a number of years.

The agreement to construct Hinkley was based on a guaranteed “strike price” of £92.50/ megawatt hours (MWh), in 2012 prices, to be adjusted in line with the consumer price index during the construction period and over the subsequent 35-year tariff period. At current exchange rates, this price corresponds to approximately A$165.




Read more:
Nuclear weapons? Australia has no way to build them, even if we wanted to


Prices in Australia’s National Electricity Market have generally averaged around A$90/MWh. This implies that, if new nuclear power is to compete with existing fossil fuel generators, a carbon price must impose a cost of A$75/MWh on fossil fuel generation.

Assuming emission rates of 1.3 tonnes/MWh for brown coal, 1 tonne/MWh for black and 0.5 tonnes for gas, the implied carbon price ranges from A$50/tonne (to displace brown coal) to $150/tonne (to displace gas). On the basis that nuclear power is most plausible as a competitor for baseload generation from brown coal, I considered a price of A$50/tonne.

A blueprint for reform

The central recommendations of my submission were as follows:

Nuclear power, while costly, could dramatically reduce Australia’s electricity sector emissions.
AAP

Recommendation 1: A carbon price of A$25/tonne should be introduced immediately, and increased at a real rate of 5% a year, reaching A$50/tonne by 2035.

Recommendation 2: The government should immediately adopt the recommendations of its own Climate Change Authority for a 40% to 60% reduction in emissions by 2030, relative to 2000 levels, and match other leading OECD countries in committing to complete decarbonisation of the economy by 2050.

Recommendation 3: The parliament should pass a motion:

  • affirming its confidence in mainstream climate science and its acceptance of the key conclusions of the United Nations’ Intergovernmental Panel on Climate Change;
  • legislating a commitment to emissions reductions;
  • removing the existing ban on nuclear power.

Let’s all meet in the middle

Rather to my surprise, this proposal received a favourable reception from a number of centre-right commentators.

Reaction from renewables proponents, on social media at least, was cautious. But it did not indicate the reflexive hostility that might be expected, given the polarised nature of the debate.

There are immediate political implications of my proposal at both the state and federal level. It will be more difficult for the Coalition-dominated committees running the two inquiries to bring down a report favourable to nuclear power without addressing the necessary conditions – including a carbon price. If the government’s hostility to carbon pricing is such that a serious proposal for nuclear power cannot be considered, it will at least be clear that this option can be abandoned for good.

Former Nationals leader and now backbencher Barnaby Joyce is a strong advocate for nuclear power.
Lukas Coch/AAP

In the admittedly unlikely event that the Coalition government shows itself open to new thinking, the focus turns to Labor and the Greens.

Given the urgency of addressing climate change – a task that is best addressed through a carbon price – it makes no sense to reject action now on the basis that it opens up the possibility of nuclear power sometime in the 2030s. And, if renewables and storage perform as well as most environmentalists expect, nuclear power will be unable to compete even then.

Political hardheads will doubtless say that this is all impossible, and they may be right. But in a world where Donald Trump can win a US presidential election, and major investment banks support UK Labour leader Jeremy Corbyn over Prime Minister Boris Johnson, “impossible” is a big claim

In the absence of any prospect of progress on either energy or climate, the grand bargain I’ve proposed is at least worth a try.The Conversation

John Quiggin, Professor, School of Economics, The University of Queensland

This article is republished from The Conversation under a Creative Commons license. Read the original article.

With climate change likely to sharpen conflict, NZ balances pacifist traditions with defence spending


New Zealand’s military aircraft are used for disaster relief, such as following a series of earthquakes in Sulawesi in 2018.
EPA/Holti Simanjuntak, CC BY-ND

David Belgrave, Massey University

In most countries, the question of whether to produce guns or butter is a metaphor for whether a country should put its efforts into defence or well-being. In New Zealand, this debate is much more literal and has been won easily by butter.

Dairy exports made up around 5.6% of New Zealand’s GDP in 2018 while defence spending only accounted for around 1.1%, with the tiny local defence industry adding little to that total.

Relative geostrategic isolation means New Zealand’s security has been more about ensuring global trade routes stay open for exports, like butter. But climate change is now challenging that notion as environmental change is expected to generate instability in the South Pacific.

While the government doesn’t expect core day-to-day defence spending to increase over the next few years, as much as NZ$20 billion will need to be spent on new equipment.

Replacing ageing equipment

Big ticket items such as warships and military aircraft last for decades and purchases are often years in the planning. Platforms purchased for the New Zealand military, including some acquired during the Vietnam War, are now reaching the end of their life.

New Zealand is facing significant bills as major aircraft, ships and army vehicles will need to be purchased in the next few years. The timing is particularly awkward for the government as it is shifting its spending towards well-being.




Read more:
New Zealand’s ‘well-being budget’: how it hopes to improve people’s lives


To manage this problem the government has released its Defence Capability Plan 2019, which outlines its NZ$20 billion shopping list to resource the military into the 2030s.

The first purchase to come consists of new C-130J-30 Super Hercules transport planes. They will replace the Royal New Zealand Air Force’s existing C-130s which are now more than 50 years old. At the time of writing, all five of these planes have been grounded due to maintenance problems. A major justification for the upgrades is greater need for a variety of relief, monitoring and peacekeeping missions caused by the effects of climate change.

A recent New Zealand Defence Force report warned that extreme weather patterns will threaten water, food and energy security in the region and shortages could spark violence. New Zealand’s military provides humanitarian aid and disaster relief in the Pacific and the climate crisis is shifting the rationale for defence spending and the politics of defence in general.

Criticism from the opposition National Party has been less about the plan and more about whether it fits with the government’s overall well-being approach. But the real flak has come from the coalition government’s Green Party support partner.

This shows the complexity of defence politics in New Zealand, as different political parties represent distinct strands of public opinion on the role of the military.

Balancing pacifist and martial traditions

The last 50 years have seen significant disagreement over how the country should engage with the rest of the world and what it should do with its military in particular. Decisions over big purchases and overseas deployments can open up major divisions over New Zealand’s strategic identity.

New Zealand’s strong martial and pacifist traditions are both represented in the current government and major defence decisions have to be made with care.
Jacinda Ardern’s coalition is managing this complex balancing act. The coalition is made up of the centre-left Labour Party and the moderately populist New Zealand First Party, with the Green Party providing confidence and supply.

NZ First is the strongest supporter of the country’s martial traditions. It has always had a hawkish attitude towards China, which has become more relevant in recent years.




Read more:
New Zealand’s Pacific reset: strategic anxieties about rising China


While Labour is generally seen as more dovish than the National Party, the differences have been largely over tone rather than substance. Attitudes towards anti-nuclear policies, the scrapping of the RNZAF fighter wing, and the 2003 invasion of Iraq have been major points of difference in the past.

Labour has generally differentiated itself by being slightly more willing to criticise allies and placing more faith in collective security, the United Nations and disarmament.

To limit criticism that it is spending on “tanks not teachers”, Ardern’s coalition has skilfully outsourced the job of replacing ageing defence equipment to NZ First’s minister of defence Ron Mark. It was probably no coincidence that last year’s announcement that NZ$2.3 billion would be spent on new maritime patrol aircraft was made by NZ First leader Winston Peters while Ardern was on maternity leave.

Ardern has let NZ First claim the political credit and take the political risk with expensive defence replacements, lest they take the shine off Labour’s focus on social policies. That balancing was on show again last week when Ardern announced that New Zealand was ending its military training deployment to Iraq.

Pacifism in the age of climate change

By sitting outside cabinet, the Greens are able to represent the pacifist end of the political spectrum. The party has its roots in the Values Party of the 1970s, which helped make anti-nuclear attitudes mainstream in New Zealand and, by 1984, Labour Party policy.

The party’s defence spokesperson Golriz Ghahraman described the transport plane purchase as “war making capability” when New Zealand is good at humanitarian aid delivery, monitoring and supporting Antarctic research. She reconfirmed the Green Party’s commitment to peacekeeping through the UN.

This attitude is problematic as it forgets that the tools for war fighting are the same as those for peacekeeping and disaster relief. As the focus of Green movements worldwide has shifted to climate change, the commitment to disarmament is becoming more at odds with the realities of climate change. Rising sea levels, crop failures and mass migration will be massively destabilising to the international system.

It is not tenable to criticise the purchase of aircraft that will be largely used to send relief missions to the Pacific, scientists to Antarctica and peacekeepers to UN missions, simply because they could be used to send soldiers into combat. The challenge for the Greens will be to find a coherent message on the military that tackles the climate crisis and represents the views of its pacifist base.

The challenge for New Zealand’s allies will be to understand and respect how these contradictory threads of New Zealand’s strategic culture direct and constrain its defence spending.The Conversation

David Belgrave, Lecturer in Politics and Citizenship, Massey University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

View from The Hill: Malcolm Turnbull’s home truths on the NEG help Labor in the climate wars


Michelle Grattan, University of Canberra

An Easter weekend in an election campaign might be a bit of a challenge for a pair of leaders who were atheists. But fortunately for Scott Morrison and Bill Shorten, declared believers, it wasn’t a problem.

Both attended church services during the so-called campaign cease-fire that the main parties had proclaimed for two of the four days.

Morrison on Sunday was pictured in full voice with raised arm at his Horizon Pentacostal church in The Shire, where the media were invited in. On Friday he’d been at a Maronite Catholic service in Sydney.

Sunday morning saw Shorten at an Anglican service in Brisbane, his family including mother-in-law Quentin Bryce, former governor-general.

Neither leader was hiding his light under a bushel.

Church, chocolate and penalty rates

Sunday was an opportunity to wheel out the kids, chasing Easter eggs (Shorten) or on the Rock Star ride at Sydney’s Royal Easter Show (Morrison). This was campaigning when you’re not (exactly) campaigning.

The minor players weren’t into the pretend game. For them, the relative restraint on the part of the majors presented rare opportunity. Usually Centre Alliance senator Rex Patrick would have little chance of being the feature interview on the ABC’s Insiders.

But while Friday and Sunday were lay days for the major parties Saturday was not (and Monday won’t be either).

For Labor, Easter has meshed nicely with one of the key planks of its wages policy – restoration of penalty rate cuts by the Fair Work Commission. Even on Sunday, Shorten pointedly thanked “everyone who’s working this weekend”.

It was the start of Labor’s campaign focus turning from health to wages this week, when it will cast the election as a “referendum on wages”.

Turnbull resurrects the NEG

The weekend standout, however, was the intervention of Malcolm Turnbull, who launched a series of pointed tweets about the National Energy Guarantee (NEG).

Turnbull was set off by a reference from journalist David Speers to “Malcolm Turnbull’s NEG”.

“In fact the NEG had the support of the entire Cabinet, including and especially the current PM and Treasurer. It was approved by the Party Room on several occasions”, the former prime minister tweeted.



“It had the support of the business community and energy sector in a way that no previous energy policy had. However a right wing minority in the Party Room refused to accept the majority position and threatened to cross the floor and defeat their own government”.

“That is the only reason it has been abandoned by the Government. The consequence is no integration of energy and climate policy, uncertainty continues to discourage investment with the consequence, as I have often warned, of both higher emissions and higher electricity prices.”

He wasn’t finished.



“And before anyone suggests the previous tweet is some kind of revelation – all of the economic ministers, including myself, @ScottMorrisonMP, @JoshFrydenberg spent months arguing for the NEG on the basis that it would reduce electricity prices and enable us to lower our emissions.”

And then:

“I see the @australian has already described the tweets above as attacking the Coalition. That’s rubbish. I am simply stating the truth: the NEG was designed & demonstrated to reduce electricity prices. So dumping it means prices will be higher than if it had been retained. QED”

“The @australian claims I ‘dropped the NEG’. False. When it was clear a number of LNP MPs were going to cross the floor the Cabinet resolved to not present the Bill at that time but maintain the policy as @ScottMorrisonMP, @JoshFrydenberg& I confirmed on 20 August.”



(Frydenberg, incidentally, has lost out every which way on the NEG. As energy minister he tried his hardest to get it up, only to see it fall over. Now he is subject to a big campaign against him in Kooyong on climate change, including from high-profile candidates and GetUp.)

Turnbull might justify the intervention as just reminding people of the history. But it is damaging for the government and an Easter gift for Labor – which is under pressure over how much its ambitious emissions reduction policy would cost the economy. It also feeds into Labor’s constant referencing of the coup against Turnbull.

Turnbull’s Easter tweets are a reminder

  • the Coalition sacrificed a coherent policy on energy and climate for a hotchpotch with adverse consequences for prices;

  • it dumped that policy simply because of internal bloodymindedness, and

  • the now-PM and treasurer were backers of the NEG, which had wide support from business.

Shorten has strengthened his commitment on the NEG, indicating on Saturday he’d pursue it in government even without bipartisan support.

“We’ll use some of the Turnbull, Morrison, Frydenberg architecture, and we will work with that structure,” he said.

Given the hole it has left in the government’s energy policy, pressing Morrison on the economic cost of walking away from the NEG is as legitimate as asking Shorten about the economic impact of his policy.




Read more:
VIDEO: Michelle Grattan on the starting line of the 2019 election campaign


The Conversation


Michelle Grattan, Professorial Fellow, University of Canberra

This article is republished from The Conversation under a Creative Commons license. Read the original article.

The government’s electricity shortlist rightly features pumped hydro (and wrongly includes coal)


Mark Diesendorf, UNSW

The federal government this week released a shortlist of 12 project proposals for “delivering reliable and affordable power” to be considered for subsidy under its Underwriting New Generation Investments program.

The shortlist features six renewable electricity pumped hydro projects, five gas projects, and one coal upgrade project, supplemented by A$10 million for a two-year feasibility study for electricity generation in Queensland, possibly including a new coal-fired power station.

The study is unnecessary, because the GenCost 2018 study by CSIRO and the Australian Energy Market Operator already provides recent cost data for new power generation in Australia. It shows that new wind and solar farms can provide the lowest-cost electricity, even when two to six hours’ worth of storage is added.

Hence there is no economic case for new coal-fired power in Australia. After a century of coal, it should not be subsidised any longer.




Read more:
It’s clear why coal struggles for finance – and the government can’t change that


State of the states

While Queensland and Victoria have state government policies to drive the rapid growth of large-scale solar and wind, New South Wales does not even have a renewable electricity target. Yet the retirement of large, old coal-fired stations is in the pipeline: Liddell, nominally 1,680 megawatts, in 2022 and Vales Point, nominally 1,320MW, possibly in the late 2020s.

Coal baron Trevor St Baker bought Vales Point from the NSW government for the token sum of A$1 million in 2015. He wants to refurbish it and run it until 2049 – and his plan has made it onto the government’s shortlist.

Given that Vales Point is now arguably a A$730 million asset, St Baker has made a huge windfall profit at the expense of NSW taxpayers, and so a government subsidy to upgrade it would be unjust.

With the price of solar and wind electricity still falling, it will soon be cheaper to replace old operating coal stations that have paid off their capital costs with new renewable electricity, including storage.

Unfortunately, the newly elected NSW Liberal-National Coalition government has no policies of substance to fill the gap left by retiring coal stations with large-scale renewable electricity. It will therefore be up to the federal government after the May election to provide reverse auctions with contracts-for-difference, matching the policies of the ACT, Victorian and Queensland governments. Also, increased funding to ARENA and the Clean Energy Finance Corporation is needed for dispatchable renewables (those that can supply power on demand) and other forms of storage.

Driving the change

The transition to renewable electricity is already well under way, as even the federal energy minister Angus Taylor admits. The low costs of solar and wind power are driving the change. To maintain reliability, dispatchable renewables (as opposed to variable sources such as solar and wind) and other forms of storage are needed in the technology mix.

Batteries excel at responding rapidly to changes in supply and demand, on timescales of tens of milliseconds to a few hours. But they would be very expensive for covering periods of several days, even at half their current price. So there is a temporary role for open-cycle gas turbines (OCGTs) to meet demand peaks of a few hours, and to fill lows of several days in wind and/or solar supply.

Small-scale pumped hydro, in which excess local renewable electricity does the pumping, has huge potential for storage over periods of several days, but takes longer to plan and build, and has higher capital cost per megawatt, compared with OCGTs.

Small-scale pumped hydro should be the top priority for the federal program. In particular, the off-river proposal by SIMEC Zen Energy, which is part of Sanjeev Gupta’s GFG Alliance, will use a depleted iron ore pit and provide cheap, reliable, low-emission electricity for both GFG’s steelworks at Whyalla and other industrial and commercial users.




Read more:
Five gifs that explain how pumped hydro actually works


Hydro Tasmania’s proposed “Battery of the Nation” would involve building a new interconnector across the Bass Strait, together with possibly three new pumped hydro plants. It’s very expensive and is already receiving A$57 million in federal funding. Its inclusion in the shortlist is worrying because it could soak up all the program’s unspecified funding for pumped hydro.

Furthermore, the need to greatly increase Tasmania’s wind capacity to deal with droughts appears to be an optional extra, rather than an essential part of the project.

Little information is available for the other shortlisted pumped hydro projects. UPC Renewables is proposing a huge solar farm, together with pumped hydro, in the New England region of NSW. In South Australia, Sunset Power (trading as Delta Electricity, chaired by Trevor St Baker), in association with the Altura Group, is proposing an off-river pumped hydro project near Port Augusta, and Rise Renewables is proposing the Baroota pumped hydro project. BE Power Solutions, which does not have a website, is proposing pumped hydro on the Cressbrook Reservoir at Crows Nest, Queensland.

Pumping for Snowy 2.0 (which is not part of the program) will be done mostly by coal power for many years, until renewables dominate supply in NSW and Victoria. Therefore, I give low priority to this huge and expensive scheme.




Read more:
Snowy hydro scheme will be left high and dry unless we look after the mountains


To sum up, new coal power stations and major upgrades to existing ones are both unnecessary. They are more expensive than wind and solar, even when short-term storage is added – not to mention very polluting.

A few open-cycle gas turbines may be acceptable for temporary peak supply during the transition to 100% renewable electricity. But the priority should be building pumped hydro to back up wind and solar farms. This will keep the grid reliable and stable as we do away with the old and welcome the new.The Conversation

Mark Diesendorf, Honorary Associate Professor, UNSW

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Morrison to announce $2 billion over 10 years for climate fund


Michelle Grattan, University of Canberra

Scott Morrison will announce $A2 billion over a decade for a Climate Solutions Fund, as the government seeks to counter criticisms that it is not doing enough towards dealing with climate change.

The money will extend the Emissions Reduction Fund (ERF), set up under the Abbott government’s “direct action” program, which at present has only $226 million uncommitted in it. More than $2.3 billion has now been committed under the ERF.

The new money – which will be about $200 million annually starting from January 2020 – will be used to partner with farmers, local government and businesses to reduce emissions. The government gives as examples

  • Remote indigenous communities will be assisted to reduce severe bush fires.

  • Small businesses will be supported to replace lighting, air
    conditioning and refrigeration systems to cut energy costs.

  • Farmers will receive assistance with revegetation and drought-proofing.

  • Local communities will receive help to reduce waste and boost recycling.

In a Monday speech, part of which has been released ahead of delivery, Morrison defends the government’s record on climate and attacks Labor’s policy as irresponsible.

The speech will contain further environment announcements beyond the $2 billion.

Climate change was an issue to the forefront in the Wentworth
byelection, the loss of which threw the Coalition into minority
government. It is considered a potent issue in Victoria, where the government has several seats at risk. In the high profile contest in Warringah, NSW, independent Zali Steggall, Tony Abbott’s main opponent, is running hard on it.

There has been debate over whether Australia could on present policies meet its Paris target – that Abbott set – of reducing emissions by 26-28% on 2005 levels by 2030.

Morrison has repeatedly said this will be reached “in a canter”. But the annual UN Environment Emissions Gap Report, released late last year, had Australia among a number of countries that are not on track to reach their 2030 target or have uncertainty based on current projections.

Morrison’s announcement will shore up Australia’s effort.

Moderate Liberals, in particular, have been pressing for more action from the government on the climate front.

In his speech Morrison says: “Our government will take meaningful, practical action on climate change, without damaging our economy or the family budget.

“Our Climate Solutions Package will ensure Australia meets our 2030 emissions reduction target – a responsible and achievable target – building on our success in comprehensively beating our Kyoto commitments”.

He says that Liberals and Nationals “don’t believe we have to choose between our environment and our economy.

“We acknowledge and accept the challenge of addressing climate change, but we do so with cool heads, not just impassioned hearts”.

The government’s 2030 target is the equivalent of cutting per capita emissions by about 50%, one of the largest cut of any G20 country, Morrison says in his speech.

The target is not “a slouch” but nor is it reckless, he says. In
contrast. Labor’s 45% target would require “more than three times the amount of emissions reduction by 2030”.

Modelling by BAEconomics confirmed Labor’s target would put a
“wrecking ball” through the economy, slashing jobs and wages and
increasing wholesale electricity prices, Morrison says.The Conversation

Michelle Grattan, Professorial Fellow, University of Canberra

This article is republished from The Conversation under a Creative Commons license. Read the original article.

A Trump-aligned World Bank may be bad for climate action and trade, but good for Chinese ambitions


File 20190130 108355 11qgq1d.jpg?ixlib=rb 1.1
A World Bank in sync with Donald Trump’s views about climate change and multilateralism would probably help to increase Chin’s role in international development and finance.
Shutterstock

Usman W. Chohan, UNSW

The seat of World Bank president is becoming vacant. Its president, Jim Yong Kim, will step down on January 31, three years earlier than his term formally ends.

His move – described as “sudden” and a “shock,” particularly since the World Bank has been going through significant internal restructuring – gives US president Donald Trump the chance to appoint a replacement more aligned with his outlook.




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This is because, since the World Bank’s establishment in 1945, the United States has had outsized influence as its largest shareholder. Its president has always been an American citizen nominated by the US government. Kim was chosen by the Obama administration in 2012.

Rumours circulated early on that Trump was considering his daughter Ivanka for the job. Even though that has since been denied, it’s likely he will choose a candidate sympathetic to his worldview.

This may mean a substantial change in the World Bank’s priorities. In particular, in two areas the bank has played an important and positive role: funding sustainable projects to deal with climate change (“climate resilience”); and encouraging robust international connectivity through trade.

Focus on climate resilience

The World Bank has put substantial emphasis on funding projects in developing countries that address climate change. Last financial year 32% of its financing – a total of US$20.5 billion – was climate-related.

Recently approved World Bank projects included climate resilient transport in the Oceania region (such as in Tonga and Samoa), and solar projects across Sub-Saharan Africa. This is all part of a detailed five-year Climate Change Action Plan underway since 2016.

This concern about the consequences of climate change stands in marked contrast to the Trump administration’s record.

Trump’s disregard of climate science is reflected in the defunding or reorganisation of climate-related research projects and institutions. His appointee to head the US Environmental Protection Agency, Scott Pruitt, played a key role in the US withdrawing from the Paris Climate Agreement and energetically worked to gut pollution protection regulations.

So there’s good reason to believe the Trump administration’s pick for the World Bank will reflect its hostility to climate security, and that the bank’s priority towards funding climate resilience will change as a result.

Antipathy towards multilateralism

The Trump administration has already sought to curb salary growth among World Bank staff. More severely, Trump’s National Security advisor, John Bolton, has argued the World Bank should be privatised or simply shut down.

This is part of a wider “antipathy towards multilateralism” that includes institutions such as the United Nations and the World Trade Organisation.




Read more:
Australia has to prepare for life after the World Trade Organisation


Trump’s belief that free trade has hurt the US is at odds with the World Bank’s long history of facilitating reforms designed to promote international trade.

Part of the original logic for the World Bank was that trade was seen as a means to create interdependence, and thus reduce economic conflict that might lead to war.

The Trump administration has shown it is more than willing to revert to an old-fashioned trade war.

Its tariff contest with China (which joined the WTO in 2001 with the World Bank’s help) is already hurting global manufacturing, with the International Monetary Fund downgrading its global economic growth forecasts as a result.

Though a Trump appointee might not upend the World Bank’s commitment to free trade in principle, the result might be an organisation less active in promoting multilateralism in practice.

Playing to China’s strengths

Ironically a Trump-compliant World Bank might result in promoting its sidelining to the advantage of China.

In its first six decades of existence the World Bank was an immensely powerful international institution. But its relevance to international development and finance is now being overshadowed by alternative funding mechanisms such as private-sector lending and particularly institutions related to Chinese international development initiatives.

China is planning through its Belt and Road Initiative to spend US$1 trillion on international infrastructure projects over the coming decade. Much of these are focused on Eurasian and African regions where the World Bank has struggled most to promote sustainable prosperity.

China has also has built a rival to the World Bank in the form of the Asian Investment Infrastructure Bank (AIIB), which has a sizeable balance sheet and a proactive approach to funding projects, including those in sustainable development.




Read more:
US sparks new development race with China – but can it win?


But in climate resilience and global economic integration, the World Bank still retains the mantle of global leader. Thus far it has welcomed cooperation with the AIIB, signing a memorandum of understanding in 2017.

Blunt its work in these two areas and the World Bank becomes more irrelevant. Combined with the organisation’s serious governance problems, which are most unlikely to be addressed by a Trump appointee, the future for the World Bank is not bright.The Conversation

Usman W. Chohan, Economist, UNSW

This article is republished from The Conversation under a Creative Commons license. Read the original article.