Why Australia’s Albanese won’t be the new face of climate change

By Trey Thoelcke Published May 24, 11:24AM EDT

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Why Australia’s Albanese won’t be the new face of climate change — © Andrew Bertuleit / iStock via Getty Images

By David Callaway, Callaway Climate Insights

(David Callaway is founder and Editor-in-Chief of Callaway Climate Insights. He is the former president of the World Editors Forum, Editor-in-Chief of USA Today and MarketWatch, and CEO of TheStreet Inc.)

LONDON (Callaway Climate Insights) — Australia’s historic election over the weekend wasn’t the first major climate-change election. That was Germany last year. But it did signal a welcome end to a decade of climate denial in one of the countries most in need of change.

Anthony Albanese’s Labor Party managed to rip control from the Liberals and their buffoonish Scott Morrison in a dramatic win largely brought about by a climate protest vote from the so-called Teal Independents. It’s the first Labor party to be in government in nine years and only the fourth time since World War II that Labor has ousted the conservative Liberals.

But while Albanese promised a big shift in climate policy from the politics of denial and derision practiced by his predecessor, there is a long way from where the country is now to becoming a renewable energy superpower, as Albanese put it. . . .

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.