it is a clear signal that citizens are favouring a publicly owned, decentralised energy system with a leading role of renewables.”

The German result is likely to present good news. HSBC believes the IPCC report – despite its criticism in some quarters, and particularly by the fossil fuel lobby – could mark “a new phase in climate action”. HSBC says that would leave a Tony Abbott-led Australia distinguishing itself “as an exception to a broader trend to increased commitment, notably in the G-2 (China and the USA).”

Germany votes for energy transition, and to buy back the grid http://reneweconomy.com.au/2013/germany-votes-for-energy-transition-and-to-buy-back-the-grid-50110  By Giles Parkinson on 25 September 2013