Essential Research: 51-49 to Labor

Essential Research at long last emerges from the voting intention wilderness, although its results going forward will be carefully rationed.

Another pollster returns from the naughty corner today to chance its arm at voting intention, which now makes three if you count the erratically published Roy Morgan series (which I incline not to myself). That pollster is Essential Research, which has remained prodigious with attitudinal polling since the May 2019 federal election, and has maintained its monthly leadership ratings, while offering no clue as to its voting intention numbers beyond the inclusion of raw figures in reporting its sub-samples.

Unhappily for we salivating dogs in the psephoblogosphere, these figures will only be published on a quarterly basis. This appears to mean that every sixth or seventh fortnightly Essential Research release will provide the fortnightly voting intention results of the preceding period. This, the pollster says, will “mitigate the tendency to report on minor movements as some sort of political horse race”. This latest release confuses the issue by providing weekly numbers through June, but I believe this is an artefact of a temporary move to weekly polling to track reactions to COVID-19.

Essential will also make a point of not excluding the undecided from its headline results, arguing the conventional practice entails a “lack of nuance”, though no doubt rivals will accuse the pollster of hedging its bets. The pollster still follows the conventional practice of prodding the initially undecided with a follow-up that asks who they are leaning towards. A proportion of these persist in declining a response, but remain in the sample with responses included for the other survey questions.

The latest primary vote numbers show the Coalition on 38% (up one), Labor on 35% (up one), the Greens on 9% (down one), One Nation on 4% (steady) and others on 6% (steady). If the undecided were excluded, the results would be Coalition 41.3%, Labor 38.0%, Greens 9.8% and One Nation 4.3%, and 51-49 to Labor on two-party preferred (for the sake of consistency with other pollsters, it’s the latter figure that I will continue to use in my headlines). Compared with the 2019 election result, this leaves Labor up nearly five points but the Coalition hardly changed, with the slack taken up from smaller parties and independents.

Labor with 47% of the decided two-party vote (up one on a fortnight ago) to the Coalition’s 45% (steady), leaving an outstanding 8% potentially to be called on to fill the gap between the reported numbers and an actual result. The pollster’s two-party numbers look to be consistent with a 2019 election preferences allocation, although the report is not specific as to whether this method or respondent allocation was used. In his piece in The Guardian, Peter Lewis of Essential Research explains: “We will now be asking participants who vote for a minor party to indicate a preferred major party. Only when they do not provide a preference will we allocate based on previous flows.“

These results are obviously a lot better for Labor than what has come through from Newspoll and Morgan, and are clearly an established peculiarity of the series. Where headline results over the past two months have shown Labor matching or exceeding their primary vote at the election despite the inclusion of a 7% to 9% undecided component, the Coalition have been coming in two to four points lower. The Greens are reckoned to be about where they were and the election and One Nation a little higher, though the latter is complicated by their tendency to only run in selected seats.

Also featured in the latest poll:

• The federal government’s ratings for COVID-19 response are unchanged at 64% good and 16% poor, and the combined response for state governments has shifted only negligibly, with good and poor both up a point to 65% to 18% respectively.

• The small-sample results for individual state governments show the Victorian government up four points on both good and poor, to 53% and 30% respectively. This still leaves it with the weakest figures out of the mainland state governments, with the Western Australian government recovering its title of strongest performer (up five to 82%) from South Australia (down three to 76%).

• On JobKeeper and JobSeeker, 69% supported businesses being retested for eligibility, with 9% opposed; 66% supported continuing payments for six months, with 12% opposed; 54% supported reducing the amount of the payments, with 21% opposed; but only 29% supported excluding casual workers, with 40% opposed.

• Forty-three per cent rated themselves very concerned about COVID-19, up seven on a fortnight ago, with quite concerned down four to 44%, not that concerned down three to 9% and not at all concerned up one to 4%.

• Fifty-six per cent favour a “suppression strategy” and 44% an “elimination strategy”.

• Sixty-eight per cent support mandatory face masks. with 13% opposed; 19% believe them very effective, 46% quite effective, 20% not that effective and 5% not effective at all.

The poll was conducted Wednesday to Sunday from a sample of 1058.

Author: William Bowe

William Bowe is a Perth-based election analyst and occasional teacher of political science. His blog, The Poll Bludger, has existed in one form or another since 2004, and is one of the most heavily trafficked websites on Australian politics.

1,645 comments on “Essential Research: 51-49 to Labor”

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  1. Didn’t take long for Bushfire Bill to revivify his animus with rhwombat, did it?

    Some people just can’t let it slide.

  2. Every day, Karvelas talks at length at how difficult the lockdown has been for her and encourages her guests to sympathise.

  3. BB is far from a racist. Sure he referred to my wife as a ‘mail order bride’. But he was just expressing his distaste at arranged marriages. He believes in true love.

  4. I generally dont read about the plight of the Uighurs in Xinjiang. Not anymore. I find it too confronting.

    I was there in 2001 and spent a lot of time with the locals. Even back then they were discriminated against by the government, treated badly by the Han that had moved in and often worse by Chinese authorities if they complained. They were some of the warmest people I have met. And all they wanted was opportunity – to be treated equally for jobs and government positions. To be allowed to continue trading and keep their customs. They were no threat, zero, to Chinese sovereignty. They had no designs, zero, on independence.

    https://edition.cnn.com/2020/07/30/asia/xinjiang-sterilization-women-human-rights-intl-hnk/index.html

  5. I would love to see a breakdown of Karvelas guests with a score on each on how chummy she was to them. Because every time I tune in she is chatting like besties with a right wing lobbyist or Newscorp journo.

  6. Lizzie

    Hence why I even ignore karvelas’ tweets these days.

    The aunt of my OH, has a friend who has died from covid. After getting it from her daughter who works in aged care. Whose dad and husband also contracted it, and are both in hospital. Now that would be getting me down.

  7. Wouldn’t it be cheaper to buy a mask?

    ‘Police arrest two, fine 18 at anti-mask protests in Melbourne

    There were two protests this morning at the Shrine of Remembrance against the requirement for people to wear masks in Melbourne.

    The first one at 7am had around 30 people, according to news reports, and they left the area when asked by police to do so.

    A second one was held in the same location at around 10am.

    In total across the two protests, police issued 18 $1652 fines (not the $200 mask fine), and will “continue to investigate the event” to identify who was there and issue them with fines.

    Two people were arrested for failing to provide details to police, and they too were issued with fines.

  8. Player One says:
    Friday, July 31, 2020 at 2:00 pm

    Well, it should be pointed out that Labor exhibits the same trait, although possibly not to the same extent. I think it is probably a trait common to all political parties.

    Oh spare us. One day Labor are jeered for being too quiet and the next for being too out-there with their rhetoric.

    The same old same/same lament from the Greenists….pathetic.

  9. The Daily and National Rupert prosecute the political, ideological and commercial interests of their proprietors. Hence they attack a Labor Premier for what appears to have been incompetent management of quarantine by private contractors while going easy on a Coalition Premier, Home Affairs Minister and Prime Minister for the Ruby Princess debacle. The protestations of Ben English are crap.

    Boycott NewsCorp. Cancel all Newscorp subscriptions and urge family, friends and random strangers (with suitable social distancing) to do the same.

  10. Bushfire Bill

    You were called racist for other reasons not because of being in a Asian restaurant or whatever.

    Absolutely wrong Zerlo. In fact so wrong that it qualifies as a lie. You personally were chucked off the blog for persisting in your idiotic accusations.

    Player1, for her part, told me I should live each day as if it were my last, and to hell with not going to Chinese restaurants. She used the fact that there was a no outbreak linked to such businesses as proof that there never had been any danger… ignoring the obvious possibility that there was no outbreak because those restaurants, businesses and precincts had been boycotted, not despite it.

    In any case, the first outbreaks in Sydney, in mid-January to late February were linked to the Chinese community (Macquarie Park, Eastwood, Epping). Unless Chinese are particularly susceptible to the virus, the conclusion is that travellers from China did bring the virus with them. It was nowhere else in the world!

    Then came Iranian returnees, then students sneaking into Australia via the Middle East. After that it was open slather with the Ruby Princess. Where did those cruise ship cases originate? Barcelona, circa March 2019? (Briefly’s No. 1 distraction)… I don’t think so, and neither does anyone else, except the PRC apologists.

    The basic reason most people catch this bloody thing is that they think their personal beliefs will immunize them against it. At first it was misplaced guilt over the long-gone White Australia Policy, whereby even stating the obvious, even when the obvious was admitted by the Chinese government, people here still argued that China had nothing to do with the virus, or its spread.

    Then came the wackos who thought Bill Gates wanted to microchip us all. At least they believed the virus existed. As did the idiots who claimed it was a “plandemic” – a plot by Big Pharma to first create the disease, then sell us all vaccination shots. Their beliefs did not stop them from getting sick, and in some cases dying from it.

    Neither did those who confused getting infected with their belief in “Liberty”, “The Second amendment”, “Whatever Donald Trump Said”, “A Democrat Plot”, “Bludgers Wanting The Dole”, “Sovereign Citizen” nonsense, and now “Chairman Dan” making a power grab. It hasn’t stopped any of them getting sick and dying. But no-one is more surprised than they when they do get sick. They read on the internet, or in the People’s Daily web site that it was all fake, it came from Barcelona, or that only old people died from it. One particularly nasty individual on these very pages said that he was happy with the possibility of fewer oldies about.

    In my view it is very hard to genuinely criticise (as opposed to trying to score cheap points off) an individual for their taking precautions, including over-precautions, against a disease about which we still know very little: how it mutates, its long-term effects on the brain, the lungs, the heart and other organs, who it attacks, what works as a treatment, and even how it is transmitted.

    The virus doesn’t care how good, how bad, how well educated, how moral or immoral, tolerant or intolerant, black-skinned, white-skinned or in-between, how godly or ungodly you are. It doesn’t worry about whether you’re rich or poor, especially now, when it’s everywhere, infecting everyone, all the time. The viral horse has long bolted on all that and it’s suave qui peut for each individual and those they love.

    Some, like myself, saw this earlier on than others. Others finally came to their senses. Some though are still out there thinking that by sticking labels on other people they can make themselves immune.

    It doesn’t work that way.

  11. Martini Henry,
    Sanctimonious is the last word I would use to describe rhwombats posts. I get a sense of tall poppy syndrome in criticism of him. Oakshotte Country has already explained his reputation and ability so I’m going on that.

  12. BB

    Yep. And hence why those who continue to politicize it, are dangerous fools and deserve karma to bite them hard.

  13. Vic

    Yes, the Red Ensign is a giveaway – the red Australian flag was interchangeable with the blue one in the past, and certainly before the 1986 Australia Act which trimmed ties to the UK and booted the Privy Council into the Thames.

    One of the Australian Sovereign Citizens belief is that because the Australia Act is invalid, all legislation enacted in Australia since, and signed by the GG and not the Queen, is also invalid. And they don’t have to adhere to any of this illegitimate legislation. Like the Australian Blue Flag being the flag of state.

    So fly the Red Ensign to prove their point. Mind you, this is one of their more saner beliefs.

  14. Bushfire Bill @ #1281 Friday, July 31st, 2020 – 2:09 pm

    Just watching ABC TV now, and it looks like an entire family have been infected with coronavirus after sitting in Korean restaurant across from the Queensland Coronettes.

    Funny that. I was called racist for suggesting that you could risk catching the virus just by sitting in restaurants near an infected person. I believe it was Dr. Wombat who called me a “racist yabberer” for even suggesting that aerosol transmission was possible with coronavirus.

    Wombat showed us an article in a learned Journal, The Lancet I think it was, that stated “there was no evidence” about aerosol transmission. Presumably, people exercising caution – even over-caution – and realising that “there was no evidence” didn’t mean “can’t possibly happen” were not genuinely exercising caution. They were just using that as an excuse to express hatred of Chinese people (along with 90% of actual Chinese people, who also kept away). The three A380s full of Chinese New Year tourists – direct flights from Wuhan, I accidentally- in Sydney at the time when 99.9% of I fected people were from Wuhan were apparently completely irrelevant to the “racist” labelling binge.

    There was something else Wombat told us all as well: about how you couldn’t possibly catch the virus out in the open, just walking down the street. Which is probably why wearing masks in public is now required by law in Victoria, and creeping into NSW, at least in retail. Just think: all those stupid people wearing masks, like the racists they obviously are. It’s clearly a plot by Chairman Dan to enslave us all.

    Why don’t these fools subscribe to The Lancet?

    How is the kind of restaurant relevant?

    Why would you have avoided this restaurant?

    And why does the infection have to be aerosol?

    It could more easily have been caused through waiting staff servicing both groups.

    You really don’t want to understand what Rhowombat was saying about about aerosol transmission, do you?

  15. Which Biden policy position excites you the most?

    A. No Medicare for all
    B. No green new deal
    C. No legalization of cannabis
    D. No living wage
    E. Other

  16. There are racists who are at least honest enough to be open about it… and then there are cowardly racists who try to mask their insecurities.

  17. Nicholas, glad you asked – you’re welcome!

    As president, Biden will lead the world to address the climate emergency and lead through the power of example, by ensuring the U.S. achieves a 100% clean energy economy and net-zero emissions no later than 2050.

    The Biden Plan will:

    Ensure the U.S. achieves a 100% clean energy economy and reaches net-zero emissions no later than 2050. On day one, Biden will sign a series of new executive orders with unprecedented reach that go well beyond the Obama-Biden Administration platform and put us on the right track. And, he will demand that Congress enacts legislation in the first year of his presidency that:
    1) establishes an enforcement mechanism that includes milestone targets no later than the end of his first term in 2025,
    2) makes a historic investment in clean energy and climate research and innovation,
    3) incentivizes the rapid deployment of clean energy innovations across the economy, especially in communities most impacted by climate change.

    Build a stronger, more resilient nation. On day one, Biden will make smart infrastructure investments to rebuild the nation and to ensure that our buildings, water, transportation, and energy infrastructure can withstand the impacts of climate change. Every dollar spent toward rebuilding our roads, bridges, buildings, the electric grid, and our water infrastructure will be used to prevent, reduce, and withstand a changing climate. As President, Biden will use the convening power of government to boost climate resilience efforts by developing regional climate resilience plans, in partnership with local universities and national labs, for local access to the most relevant science, data, information, tools, and training.
    Rally the rest of the world to meet the threat of climate change.

    Climate change is a global challenge that requires decisive action from every country around the world. Joe Biden knows how to stand with America’s allies, stand up to adversaries, and level with any world leader about what must be done. He will not only recommit the United States to the Paris Agreement on climate change – he will go much further than that. He will lead an effort to get every major country to ramp up the ambition of their domestic climate targets. He will make sure those commitments are transparent and enforceable, and stop countries from cheating by using America’s economic leverage and power of example. He will fully integrate climate change into our foreign policy and national security strategies, as well as our approach to trade.

    Stand up to the abuse of power by polluters who disproportionately harm communities of color and low-income communities. Vulnerable communities are disproportionately impacted by the climate emergency and pollution.

    The Biden Administration will take action against fossil fuel companies and other polluters who put profit over people and knowingly harm our environment and poison our communities’ air, land, and water, or conceal information regarding potential environmental and health risks. The Biden plan will ensure that communities across the country from Flint, Michigan to Harlan, Kentucky to the New Hampshire Seacoast have access to clean, safe drinking water. And he’ll make sure the development of solutions is an inclusive, community-driven process.

    Fulfill our obligation to workers and communities who powered our industrial revolution and subsequent decades of economic growth. This is support they’ve earned for fueling our country’s industrial revolution and decades of economic growth. We’re not going to leave any workers or communities behind.

    And, Vice President Biden has committed that Biden for President will not accept contributions from oil, gas and coal corporations or executives

    https://joebiden.com/climate/

  18. The politics of COVID-19 are becoming increasingly rancorous as the second wave of infections turns Australians against each other and the economic fallout intensifies. Scott Morrison, at the risk of sounding like the prime minister for NSW, talks about the “Victorian wave” of cases and has sided with mining mogul Clive Palmer in his legal challenge against WA’s border closure, saying Palmer will likely win in the High Court. Queensland picks a fight with NSW by declaring the whole of Sydney a COVID hotspot, while communities straddling Victoria’s borders with NSW and South Australia are in a diabolical situation.

    “The fact remains, many people in our border communities, where there is no incidence of COVID-19 community transmission, are unable to go to work and transact business because of the NSW government’s border restrictions. But if you live in Melbourne and Sydney, you can go still go to work. It’s unfair and illogical. We need a better way.”

    https://www.themonthly.com.au/today/paddy-manning/2020/31/2020/1596174785/falling-apart

  19. William Bowe

    Good answer.

    If only there was no Boris, no Trump and no Marketing Man.

    The world would be better place.

  20. This must cheer up the Green in Nicholas…

    Biden’s Day One Unprecedented Executive Actions to Drive Historic Progress

    On day one, Biden will use the full authority of the executive branch to make progress and significantly reduce emissions. Biden recognizes we must go further, faster and more aggressively than ever before, by:

    Requiring aggressive methane pollution limits for new and existing oil and gas operations.
    Using the Federal government procurement system – which spends $500 billion every year – to drive towards 100% clean energy and zero-emissions vehicles.

    Ensuring that all U.S. government installations, buildings, and facilities are more efficient and climate-ready, harnessing the purchasing power and supply chains to drive innovation.

    Reducing greenhouse gas emissions from transportation – the fastest growing source of U.S. climate pollution – by preserving and implementing the existing Clean Air Act, and developing rigorous new fuel economy standards aimed at ensuring 100% of new sales for light- and medium-duty vehicles will be electrified and annual improvements for heavy duty vehicles.

    Doubling down on the liquid fuels of the future, which make agriculture a key part of the solution to climate change. Advanced biofuels are now closer than ever as we begin to build the first plants for biofuels, creating jobs and new solutions to reduce emissions in planes, ocean-going vessels, and more.
    Saving consumers money and reduce emissions through new, aggressive appliance- and building-efficiency standards.

    Committing that every federal infrastructure investment should reduce climate pollution, and require any federal permitting decision to consider the effects of greenhouse gas emissions and climate change.
    Requiring public companies to disclose climate risks and the greenhouse gas emissions in their operations and supply chains.

    Protecting biodiversity, slowing extinction rates and helping leverage natural climate solutions by conserving 30% of America’s lands and waters by 2030.

    Protecting America’s natural treasures by permanently protecting the Arctic National Wildlife Refuge and other areas impacted by President Trump’s attack on federal lands and waters, establishing national parks and monuments that reflect America’s natural heritage, banning new oil and gas permitting on public lands and waters, modifying royalties to account for climate costs, and establishing targeted programs to enhance reforestation and develop renewables on federal lands and waters with the goal of doubling offshore wind by 2030

    https://joebiden.com/climate/

  21. Steve777 says:
    Friday, July 31, 2020 at 5:05 pm

    Boycott NewsCorp. Cancel all Newscorp subscriptions and urge family, friends and random strangers (with suitable social distancing) to do the same.

    Now that the government is trying to force Facebook etc to pay for news, I hope the tech giants boycott anything originating with Murdoch media.

  22. Sprocket

    It is. In fact today I actually saw one of those flags proudly displayed in a front window of house.

    Grrrrrr

  23. Bill, i chose that word carefully after rhwombat called every person who owned a firearm a murderer and when i posted the different death rates from firearms and medical malpractice and said that i could generalize as he had, he acted like a prime prat.

  24. And what about a ‘Green New Deal’ asks Nicholas? Well the badge is missing, but the meat isn’t with Uncle Joe…

    Biden’s Year One Legislative Agenda on Climate Change

    Establish an enforcement mechanism to achieve net-zero emissions no later than 2050, including a target no later than the end of President Biden’s first term in 2025 to ensure we get to the finish line. This enforcement mechanism will be based on the principles that polluters must bear the full cost of the carbon pollution they are emitting and that our economy must achieve ambitious reductions in emissions economy-wide instead of having just a few sectors carry the burden of change. The enforcement mechanism will achieve clear, legally-binding emissions reductions with environmental integrity.

    Make a historic investment in energy and climate research and innovation, as well as clean and resilient infrastructure and communities.

    Notwithstanding the progress we have made in reducing emissions in the power sector, fossil fuels still comprise nearly 80% of global energy use. There is much more work to be done to identify affordable solutions. Today, we are on the cusp of breakthroughs in technologies, such as batteries that can more efficiently store energy for use at moments of peak demand, more efficient controls and sensors for advanced manufacturing, more effective and thinner insulation for buildings, and cybersecurity improvements to make smart grids more resilient to attacks.

    We have to get rid of the old way of thinking that the clean economy and jobs don’t go together. They do. There are currently more than three million people in the United States employed in the clean energy economy. But, there is a huge opportunity to revitalize the U.S. energy sector, boost growth economy-wide, and re-claim the mantle as the world’s clean energy leader and top exporter. And, Joe Biden will ensure that clean economy jobs are good jobs.

    To accelerate this progress, President Biden will make the largest-ever investment in clean energy research and innovation. After World War II, public investment in research and collaboration between universities and the private sector spurred American innovation, led to rapid economic and job growth, and helped build a strong middle class. The Biden plan will double down on this approach to create the industries of the future by investing $400 billion over ten years. That’s twice the investment of the Apollo program which put a man on the moon, in today’s dollars. This investment will enable us to develop new technological break-throughs that will create jobs and drastically reduce emissions.

    https://joebiden.com/climate/

  25. One big difference between first lockdown and now. Is the politicisation and the full blown conspiracy theories that have sprouted since that time.

    We are in a very different space this time around.
    This is the most frustrating aspect of this pandemic.

  26. For anyone genuinely interested in the detailed Joe Biden plan to address Climate Change, I recommend you read this before parroting …

    ‘Biden will rejoin the Paris Agreement, but simply rejoining is not enough. Biden will use every tool of American foreign policy to push the rest of the world to raise their ambitions alongside the United States. A Biden Administration will:

    Re-enter the Paris Agreement on day one of the Biden Administration and lead a major diplomatic push to raise the ambitions of countries’ climate targets. The Paris Agreement was a historic breakthrough for the world, and reflected the power of patient, strategic diplomacy in service of America’s long-term national interests.

    The core of the agreement relies on countries continually increasing the ambition of their climate targets over time. But since President Trump came into office, America has abdicated its own commitment to this agreement, and other major emitting nations have not moved fast enough to achieve their own goals. This means that re-entering Paris on day one of the Biden Administration is only the first step of an important and sustained effort to dramatically increase global climate ambition. Biden was there alongside President Obama to rally the world to get to Paris; and he will be prepared on day one of his presidency to take it to the next level. To catalyze this effort, Biden will, in his first 100 days in office:

    Convene a climate world summit to directly engage the leaders of the major carbon-emitting nations of the world to persuade them to join the United States in making more ambitious national pledges, above and beyond the commitments they have already made.
    Lead the world to lock in enforceable international agreements to reduce emissions in global shipping and aviation.

    Embrace the Kigali Amendment to the Montreal Protocol, adding momentum to curbing hydrofluorocarbons, an especially potent greenhouse gas, which could deliver a 0.5 degree Celsius reduction in global warming by mid-century.

    Pursue strong new measures to stop other countries from cheating on their climate commitments. We can no longer separate trade policy from our climate objectives. Biden will not allow other nations, including China, to game the system by becoming destination economies for polluters, undermining our climate efforts and exploiting American workers and businesses.

    As the U.S. takes steps to make domestic polluters bear the full cost of their carbon pollution, the Biden Administration will impose carbon adjustment fees or quotas on carbon-intensive goods from countries that are failing to meet their climate and environmental obligations. This will ensure that American workers and their employers are not at a competitive disadvantage and simultaneously encourage other nations to raise their climate ambitions. Biden will also condition future trade agreements on partners’ commitments to meet their enhanced Paris climate targets.

    Stop China from subsidizing coal exports and outsourcing carbon pollution. China is far and away the largest emitter of carbon in the world, and through its massive Belt and Road Initiative, Beijing is also annually financing billions of dollars of dirty fossil fuel energy projects across Asia and beyond. Biden will rally a united front of nations to hold China accountable to high environmental standards in its Belt and Road Initiative infrastructure projects, so that China can’t outsource pollution to other countries. Specifically, the U.S. will:

    Make future bilateral U.S.-China agreements on carbon mitigation – like the 2014 agreement that paved the way for the Paris accord – contingent on China eliminating unjustified export subsidies for coal and other high-emissions technologies and making verifiable progress in reducing the carbon footprint of projects connected to the Belt and Road Initiative.

    Seek a G20 commitment to end all export finance subsidies of high-carbon projects, building on past commitments from the G7 and multilateral export finance institutions to eliminate financing for coal in all but the poorest countries.

    With our partners, offer Belt and Road Initiative countries alternative sources of development financing for lower-carbon energy investments.

    Reform the International Monetary Fund and regional development bank standards on debt repayment priorities for development projects. The U.S. will lead like-minded nations to establish rules that take unsustainable climate and debt costs – such as those imposed by self-interested Chinese projects – into account in prioritizing who gets paid under international debt forbearance. Projects with high carbon impact and high debt costs will go to the end of the line, making them higher risk and more costly.

    https://joebiden.com/climate/

  27. sprocket_says:
    Friday, July 31, 2020 at 5:34 pm
    nath, would you like more of Joe Biden’s plan to address Climate Change?
    ____________________
    Yes please.

  28. nath, you are probably enjoying this more than Nicholas… Uncle Joe certainly has big plans,,

    “Demand a worldwide ban on fossil fuel subsidies. There is simply no excuse for subsidizing fossil fuel, either in the United States or around the world. In fact, a 2015 International Monetary Fund study showed that efficient fossil fuel pricing would have reduced global carbon emissions by nearly 30%. Biden will build on the achievements of the Obama-Biden Administration to get G20 countries to phase out inefficient fossil fuel subsidies. By engaging key leaders, including in China, Biden will secure a global commitment to eliminate fossil fuel subsidies by the end of his first term. He will lead by example, with the United States cutting fossil fuel subsidies at home in his first year and redirecting these resources to the historic investment in clean energy infrastructure (outlined in Part I of this plan).

    Create a Clean Energy Export and Climate Investment Initiative. This is also a moment of opportunity for American innovation. We can be the world’s clean energy superpower. Biden will establish a new government-wide effort to promote American clean energy exports and investments around the world to advance climate mitigation, adaptation, and resilience. The initiative will offer incentives for U.S. firms that supply low-carbon solutions to the international market in order to spur U.S. industry, jobs, and competitiveness, and make America the world leader in clean energy technologies. It will prioritize partnerships with countries that make high climate ambition commitments under Paris and provide low-cost financing to these countries for American clean energy exports. An initial focus will be small island states in the Pacific and Caribbean that are demonstrating climate leadership in the face of existential threats to their territorial homelands.

    No financing dirty energy. President Biden will ensure the Overseas Private Investment Corporation (OPIC), the Export-Import Bank, and the new U.S. International Development Finance Corporation significantly reduce the carbon footprints of their portfolios. For example, these agencies will be prohibited from any financing for coal-fired power plants so that U.S. finance is no longer a dirtier alternative to the World Bank.

    https://joebiden.com/climate/

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