Despite the absence of clear climate or energy policy over the past 10 years, the Australian energy market has experienced a series of transformational disruptions that have fundamentally changed its nature.
Predictive data analytics, artificial intelligence (AI), machine learning (ML) and automated decision-making (ADM) are gradually, almost unnoticed, entering the vocabularies of our news, and becoming part of our everyday lives.
When Monash chemistry Professor Doug MacFarlane was a PhD student at Purdue University in Indiana, he worked on “liquid salts” for use in preserving living tissue – including human kidneys and marine corals.
In 2004, before the invention of bitcoin, Joseph Liu wrote his PhD thesis on how to secure the anonymity of people who were buying and selling goods on the internet, using some cryptographic algorithms.
Hydrogen gas is the perfect green fuel – it can be extracted from water and is non-polluting. But although hydrogen is the most abundant element in the universe, it doesn’t naturally occur in large quantities as a gas on Earth.
Corporate Australia is taking action on climate change. Most recently, at the UN Climate Summit, Atlassian cofounder Michael Cannon-Brookes announced the A$26 billion Australian software company’s commitment to net zero emissions by 2050.
The golden age for biofuel research and investment in Australia was between 2007 and 2014 when the oil price soared to over US$100 a barrel. Suddenly, the world was looking more closely at alternative fuels.