The BGA team, Shima Madani and Ben Wolfgramm, attended the Cost Benefit Analysis Forum last week, organised by the Economic Society of Australia. The presentations highlighted a deep commitment to enhancing community welfare through rigorous economic analysis. These events are invaluable as they enable us to refine our approach and deliver even better services to our clients.
The week's first article highlights that new Australian home are more airtight and energy efficient. In the second article this week, you could take a look at the article where Forestry Australia have released plans to remove trees from native forests and claim carbon credits, but experts say this may have the opposite effect.
The third article talks about Australia exporting fossil fuels with coal and gas burned overseas. The impacts of greenhouse gas emissions affect everyone. Finally, urban growth is causing more intense droughts due to urban heat and water stress.
Take a look at this week's video which looks at the delisting of some Tasmania's endangered species due to conservation efforts.
Have a great weekend!
Tim Hanigan
Economist
The Latest Trending Economic News Curated for You by Balmoral Group Australia
Comfort and energy efficiency on the rise in new Australian homes
New research from CSIRO, Australia’s national science agency, has revealed new Australian homes are up to 50 per cent more airtight than those tested in 2015. This is good news for homeowners, as houses and apartments that meet recommended air tightness levels are more comfortable, have lower energy bills and healthier indoor air quality. Read more here.
Industry push to earn carbon credits from Australia’s native forests would be a blow for nature and the climate
Australia’s forestry industry raised eyebrows this month when it released plans to remove trees from native forests, potentially including national parks, and claim carbon credits in the process. Read more.
Dug up in Australia, burned around the world – exporting fossil fuels undermines climate targets
Australia is one of the world’s largest exporters of fossil fuels. While this coal and gas is burned beyond our borders, the climate-warming carbon dioxide (CO₂) emissions affect us all. Read more
Urban growth is leading to more intense droughts for most of the world’s cities – and Sydney is a case study for areas at risk
The growth of cities worldwide is contributing to more intense drought conditions in many cities, including Sydney, a new Chinese study has found. This is adding to urban heat and water stress. These important findings point to the need to improve how we design and build cities to make them more liveable and resilient. Read more.
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