Sustainable Economy

The Sustainable Economy Program aims to identify options for Australia to make a rapid transition to an environmentally and socially sustainable economy. Australia has tremendous opportunity to leverage its abundant natural resources and skills in innovation to build a fair, sustainable and prosperous economy – one that provides a secure future for all Australians. Yet to do so, we need to get the policy settings right.

The Sustainable Economy Program is underpinned by an understanding of the problems caused by systemic short-termism in both the public and private sectors, and by the failure to value public goods which are hard to measure or monetise. It seeks to highlight the importance of ‘valuing what matters’. By improving our understanding and measurement of the long-term drivers of wellbeing, and ensuring the impacts of resource depletion and pollution are no longer ‘invisible’ to markets, we can avert systemic failures in public and private decision making that undermine the sustainable management of our natural and social capital.

CPD’s recent work on climate change has focused on the implications of a changing climate for Australia’s national security. The Longest Conflict found that while defence forces in the United States, the United Kingdom and elsewhere are taking the impact of climate change very seriously, Australia was underprepared for a climate security challenge that will have more far-reaching implications in the Asia Pacific than anywhere else in the world.

In 2015 we also continued our work on sustainable agriculture, building on the landmark report Farming Smarter, Not Harder. This work on agriculture complements CPD’s long-standing interest in the marine sector and energy.

In 2016, the Sustainable Economy program built on our earlier work on climate security by examining the contribution business can make to improving Australia’s sustainability performance, with a particular focus on potential drivers of better long-term decision making in Australia’s boardrooms. We also released a paper exploring how solar and battery storage technologies are reshaping Australia’s electricity system.

The Motley Fool | 27 February 2014

Lend Lease backs out of Abbot Point expansion Recently Lend Lease Group has announced its withdrawal from the Abbot Point port expansion with Aurizon. The project was widely debated due to potential environmental impacts caused by dredging and whether itmore

ABC North Queensland | 18 February 2014

‘Fair day’s work for a fair day’s pay’? Household incomes lower in Queensland CPD’s Laura Eadie joined Pat Hession on ABC Local Radio North Queensland. They discuss the low average household incomes in Queensland, despite the state being a resourcemore

The Brisbane Times | 18 February 2014

‘Queensland’s mining focus threatening wages’ In the recent CPD report All boom, no benefit? author Laura Eadie found that Queensland average household wages were around five per cent lower than the Australian average. Despite decades of mining development and a resourcemore

ABC News | 18 February 2014

Queensland has low average incomes by national standards A resource focused economy is not working. All boom, no benefit? by CPD’s Laura Eadie and Michael Hayman has revealed striking differences between the average wages in Queensland and Western Australia, states thatmore

Port Strategy | 26 February 2014

Boom to bust for Queensland ports Last November CPD released Too many ports in a storm a report by research director Laura Eadie. The report explored Queensland’s approach to port development and discussed the current surplus in port capacity. With debate stillmore

BBC News | 5 February 2014

‘Is Australia falling out of love with solar power?’ Australia has the world’s largest number of homes with solar panels, but take-up is now falling after cuts to how much people get paid for their excess electricity, as the BBC’smore