“Business is essential to solving the climate crisis because that is what business is best at: innovating, changing, addressing risks, searching for opportunities.” – Richard Branson.
Global studies and accolades regularly declare Australia as one of the most creative and innovative countries in the world.
Over the past 40 years, we have been using that creativity to come up with innovative solutions to climate change. Australians have:
- held the world record for the highest efficiency silicon solar cell for three decades;
- invented the world’s most widely deployed electricity generation technology;
- built the world’s largest lithium-ion battery;
- developed one of the the world’s largest carbon capture and storage research projects;
- built the largest high-concentration solar array in the Southern Hemisphere; and
- created the world’s only solar roof tiles that can provide both electricity and heated water.
Australian Innovation Highlight
Billionaire software developer and philanthropist Mike Cannon-Brookes has set aside $12 million to install as many as 100 stand-alone solar and battery units in 100 days to provide off-grid power to hard-hit bushfire communities.
The aim is to replace the use of diesel generators, installed after the massive bushfires destroyed power lines and other equipment. Costs of electricity will fall by between 20 and 50 per cent, Mr Cannon-Brookes said, adding the units should be able to operate for 20 years…