But what do we actually get for the money? Just data centres. If I was making a list of things Australia should be doing with concrete and air-conditioning, it would not include making data centres. What we need desperately, what we are horribly short of, is homes. House prices are zooming up, and not just
Yet the finance taxonomy, proposed by the independent (but with Government funding) Centre for Sustainable Finance, bases the classification of farming being green (or not) on the amount of greenhouse gases per hectare. Not production. Not the number of people fed what they need. An area. Further, to be considered green, a farm would have
Despite all this, global share markets remain remarkably resilient – hovering at, or near all-time highs. Investor optimism has been fuelled by fiscal stimulus in Europe (mainly Germany) and the unstoppable rise of artificial intelligence, which just saw Nvidia become the first company to be valued at US$4 trillion. With a constant barrage of headlines