Ideas at the House cover image

Ideas at the House

Miriam Lyons: After Luck, Festival of Dangerous Ideas 2015

Sep 9, 2015
Miriam Lyons, Australian policy analyst, discusses the consequences of the mining boom in Australia, the need for better management of natural resources, and the importance of taking action on climate change. She also explores the adverse effects of mining on rivers and land, advocates for a sustainable and low-carbon future, questions the subsidies given to the fossil fuel industry, and highlights the declining influence of political parties in Western democracies.
01:03:32

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Podcast summary created with Snipd AI

Quick takeaways

  • Australia should treat the mining boom as a slower, more sustainable process with higher taxes and a sovereign wealth fund.
  • Redirecting subsidies from the fossil fuel industry into renewable energy can create more sustainable jobs and contribute to a circular economy.

Deep dives

The end of the mining boom is not the end of the world

The speaker discusses the end of Australia's mining boom, highlighting the negative impact of treating it as a permanent bonanza. She urges for a slower boom with higher mining taxes and a sovereign wealth fund. Additionally, she encourages imagining Australia's place in a coal-free world, as thermal coal enters a structural decline and renewable energy becomes increasingly popular. She suggests policies such as a nationwide mining tax, investment in education, training, and infrastructure, and retooling the economy for a sustainable future.

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