The Heat Is On Report
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The Heat Is On Report
The Heat Is On
A report by the Energy Futures Forum
Foreword
Preface
Contents
Executive Summary
1. A pressing conversation: the Energy Futures Forum
Energy Futures Forum principles
Goals and objectives
Participants
Assessment framework
2. Energy in Australia in 2006
Australia's share of energy resources
Australia's appetite for energy
Australia's energy sources
How much is Australia paying for energy?
Australia's energy trade
Greenhouse gas emissions and energy
Energy infrastructure
Australian attitudes to energy
What does it take to change energy preferences?
3. What might the future hold? Exploring qualitative energy scenarios for 2050
The Scenarios
Power to the People
Centralised Failure
Technology to the Rescue
The Day after Tomorrow
Cultural Revolution
Atomic Odyssey
Clean Green Down Under
Rough Ride
Blissful Indifference
Learning from the qualitative scenarios
4. What does the average Australian think about Australia's energy future?
Research methodology
A paradigm shift is needed
Prevailing public attitudes
Shifts in perspective during the process
Technology perspectives
5. The economic equation: modelling alternative energy scenarios
Analytical framework
Sources of data
Key modelling drivers
Abatement targets
Use of carbon tax as a carbon price
Sharing the abatement task
Trade barriers
Reference case
Impact of increasing global conflict
The role of technology
Summary of selected economic modelling results
Impact of Rough Ride: high oil price
6. Addressing climate change: the benefits add up
Adaptation versus mitigation
Unbalanced risks
Turning up the heat
Australian impacts
Global impacts
The cost of inaction
The benefits of mitigation
Minimum economic benefits of mitigation
7. Tough challenges lie ahead
Climate change: costs and benefits of mitigation
Role of Australia in addressing climate change
Nature and timing of government intervention
Climate change uncertainty affects investment
The low emission technology mix
Securing affordable transport fuels
Abbreviations and acronyms
References
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