RFX (ASX) Redflow NEWS &amp; EVENTS

Originally posted by tassb ↑

Redflow posted this on Facebook an hour ago. Very wishy-washy, just one random example "As with any large event like this, negotiations must inevitably require a balance between ambition and compromise to achieve real action."

Marketing is supposed to generate demand and company growth, it reads more like a year 9 homework report on the event. My 2c.

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Redflow CEO Tim Harris recently spent a number of invaluable days at #COP28 in Dubai as part of the Australian delegation. During his time there he gained insight into the mechanics of the conference and negotiations.
Firstly, COP28 was just huge
With nearly 200 countries at COP28, and a record 84,000 registered attendees, the sheer size of the event is incredible. Walking over 42,000 steps over two days!
This concentration of people means there was opportunity to engage with a wide range of people in a short space of time, from corporates to government to NGOs, all together to seek progress the energy transition.
Australia is playing a key role
The Australian pavilion was a constant hub of activity where discussions took place on not just the progress against our own energy transition but also a forum for global topics and discussions to come together.
The Australian Government COP28 team, led by Kristin Tilley, were very engaged with the wider Australian community about where progress is being made at COP28 and target outcomes.
Australia is also hoping to host #COP31 in 2026 in partnership with the Pacific.
Energy storage recognised as key
Energy storage is recognised as being increasingly core to the energy transition. Long-duration energy storage (#LDES) in particular was seen as increasingly important.
This focus on energy storage included the launch by the Clean Energy Ministerial of their new initiative ‘Supercharging Battery Storage’, which aims to boost stationary battery storage development and deployment, and ultimately reducing the cost at the Australian Pavilion. Andrew Light Ph. D. Assistant Secretary of Energy for Office of International Affairs, Department of Energy noted at the event that the energy transition just simply cannot be achieved without deployment of huge new levels of long duration storage.
From agreement to action
As with any large event like this, negotiations must inevitably require a balance between ambition and compromise to achieve real action.
Notwithstanding the significant fossil fuel representation at COP28, progress is being made which can dramatically accelerate the trajectory of the energy transition, including the COP28 Oil and Gas Decarbonisaton Charter which has been signed by multiple countries, including Australia.
COP28 brings together the global community to solve the largest challenge of our generation. It’s not perfect but it’s the best forum we have to bring real progress toward developing clear goals against our individual and global energy transition goals.
Australia’s Climate and Energy Minister Hon. Chris Bowen was very clear in his closing statement, “…if we are to keep 1.5 degrees alive, fossil fuels has no ongoing role to play in our energy systems”.

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Photo to go with @tassb’s post

And link to #COP31 :

https://www.linkedin.com/feed/hashtag/cop31?trk=organization_guest_main-feed-card-text

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