Two high-profile election sensation world final vote but also the energy market1

Solar photovoltaic webex, foreign media reported: a global perspective, political has never been so divided, representative politics than the energy industry. Parties all over the world to climate change, carbon emissions, fossil fuels and renewable energy. This week, we have witnessed some of the world's largest participants in the global energy industry is likely to change the rules of the game's election, the more obvious differences.

this week, Australia and India are facing important elections, will certainly have a profound impact in its energy policy, also will certainly caused a sensation all over the world. As one of the world's largest energy exporter, Australia in Saturday's election the prime minister Scott & middot; support fossil fuels Morrison, shocking and frustration. Later this week, India's prime minister, narendra & middot; Modi is expected to stay on as one of the largest energy consumer and importer in the world's leaders, at the helm of the bharatiya janata party (BJP), continue to promote energy conservation and emissions reduction.

in addition to the election time close, the two countries have more in common & ndash; — In their respective energy industry has a long history & ndash; — India is the important importer of Australian coal, Australia's economy is dependent on the coal industry. India except through coal imports keep in touch with Australia, India and even through the gujarat company adani enterprises co. , LTD. , directly involved in the Australian coal industry, the company business card Michael coal mine in Australia.

adani card Michael coal mine is a case in point, not only explains the close relationship between the energy industry between India and Australia, also suggests that the problem of fossil fuel in the two countries and all over the world how divisive. The controversial mine has been subjected to public protests. The Sydney morning herald reported that & other India's adani mining company trying to carmichael thermal coal mine in Queensland state development, strong opposition from the public and the Queensland state government, and many Australian bank now refused to loan for the development of new thermal coal mine in Australia. ”

although public strongly against Australia's heavy emissions of coal, in the opinion polls have also made long and big lead, but on Saturday even as Morrison for fossil fuels Australia was a decisive significance, surprising victory. As the Wall Street journal concluded: & other; The opposition Labour party has been leading in the polls for months, but the voters refused to accept the in taxation, spending, and the most important measures to lose to the left of climate change. ” This also means that carmichael mine project can now rely on high-level support.

but they shouldn't be too arrogant, David & middot; Mr Franklin said in a bloomberg column. “ This political still hidden risks. Although the government to support the carmichael projects have done a lot of major changes, but the real risk is not one of those districts from the opposition Labour party ( Where it seldom win elections) But in the hunter valley in the north of Sydney. ”

meanwhile, India's energy policy is facing the opposite situation. Modi promised to eliminate fog haze, support for renewable energy, is expected to be re-elected. Mr Klein said again, this momentum to let a person with a grain of salt. “ Although Mr Modi's bharatiya janata party and opposition will have expressed support for renewable energy, and plans to reduce the country's choking air pollution, but congress hasn't fulfilled modi installed nearly 100 billion through 2022 watts of renewable energy. ”

Mr Franklin put it down to an ancient but important questions: & other; Who decides the future of energy & ndash; — Producers or consumers? ” Time will tell us the answer to India and Australia, but the answer to this question will be on around the world and we all have a profound impact. When it comes to our energy and air quality, we, as voters say how many? It's time to pay attention to this problem.

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