Tagged: Vance Joy

Australian musicians band together to invest in solar

In the spring of 2017, immediately after the release of the Australian band Cloud Control’s third album, Zone, the band’s keyboard player, Heidi Lenffer, was contemplating what the their upcoming tour would cost. But this time she wasn’t just thinking about the money; she was thinking about emissions. Independent bands are used to running on a shoestring budget – a carbon-conscious Lenffer wanted Cloud Control to run a more environmentally efficient operation, too.

She began asking climate scientists in the field, and connected with Dr Chris Dey from Areté Sustainability. Dey crunched the numbers for Cloud Control’s two-week tour, playing 15 clubs and theatres from Byron Bay to Perth.

He found that it would produce about 28 tonnes of emissions – roughly equivalent to what an average household produces in a year. And that was just the national leg of an album tour that would take the band to the US three times.

“I had suspected that all of this flying, and all of the energy that goes into tours, can’t be very good for the environment – but there was no solution that existed beyond carbon offsetting,” Lenffer says.

Offsetting is essentially an attempt at equalisation: when you offset your flights, you try to compensate for your carbon footprint by donating to a program to suck it out of the atmosphere, via tree planting or sequestration somewhere else. Lenffer wanted to aim higher.

Partnering with the superannuation fund Future Super, and the developer Impact Investment Group, Lenffer has established FEAT. (Future Energy Artists): a platform that officially launches on Wednesday and will allow musicians to build and invest in their own solar farms.

Early signs are promising. As well as Cloud Control, other Australian bands already signed up include Midnight Oil, Vance Joy, Regurgitator, Big Scary, Peking Duk and Jack River. The first solar farm being built with their help is Brigalow: an 80-hectare project near Pittsworth on Queensland’s Darling Downs.

“At last, a project that takes the great passion many artists have for a healthy world powered by renewable energy, and makes it doable,” says Midnight Oil’s frontman, Peter Garrett. Paul Curtis, Regurgitator’s manager, talks about an “actively engaged citizenry embracing a more optimistic and progressive approach to the future”.

Lenffer wanted to tap into the creative drive of her industry to find a solution to a complex problem. “The environmental movement often lacks a positive premise for action,” she says. “It is exciting to own a piece of a solar farm. To do that collectively, we can leave a lasting, tangible infrastructure legacy and say, ‘We built that together.’”

Here’s how it works: money that artists invest in FEAT. is put into a portfolio which is managed by Future Super, and can be used to buy ownership stakes in solar farms or loaned to build their infrastructure. The land that Brigalow solar farm is being built on was previously used as a sorghum grain farm. It is now being leased from the land’s owner to build the solar project, whose progress is closely monitored by Impact Investment Group, which manages the underlying fund investing in Brigalow.

And artists can put forward as much as they can afford. Perhaps they want to throw in a one-off lump sum, or offer a percentage of their touring income; the idea is that everyone should be able to invest in their financial and environmental future – which is why FEAT. set a floor price of just $5 to set up an account.

FEAT. says the 34.55-megawatt Brigalow solar farm could power the equivalent of 11,300 homes for 30 years. (Looked at another way, it could generate more than 2,000 Cloud Control tours in renewable energy.) That energy is then sold into the energy market, with a target return on investment for artists of 5 percent a year.

The total emissions output of the global music sector is not well studied. A 2010 investigation into the UK industry found it was responsible for more than 540,000 tonnes of greenhouse gas every year, much of it from live music. Most of that was transport, not just of band members and equipment, but fans: audience travel alone accounted for 43 percent of emissions.

A further 26 percent came from the lifecycle of CDs, which speaks to the age of the study. But, according to researchers from the University of Glasgow, the streaming age hasn’t made for a cleaner product: the energy required to store and process music in the cloud makes for an even worse carbon footprint than manufacturing and distributing CDs and records.

For artists, the pitiful royalty rates generated from streaming, and the crash in sales of physical product, means that live music makes up the bulk of revenue. For Lenffer, going on tour meant contributing to the global climate emergency – but she was willing to gamble that “a progressive community like the music industry would have the guts and imagination to embrace change”.

Lenffer says she was inspired by community movements overseas, particularly in Europe, where groups were banding together to buy investments in renewables. “Sporting clubhouses would install solar panels on their rooftops purchased by the residents in the area, [who] would then be paid back through the energy generated over a period of time,” she explains. “I found about 70 groups in Australia doing it, as opposed to around 500 in Scotland and 1000 in Germany.”

But as well as being the biggest greenhouse gas emitters per capita, Australians also have the highest take-up of rooftop solar. Lenffer says this statistic “shows that people are driving the change where our government is not”. And, compared with Europe, there are far more abundant solar resources available in our sunburnt country.

Lenffer sees the potential for her idea to catch on. “There’s no reason why this couldn’t go global,” she says. “If we can demonstrate it works here – which I feel like we can, because we’ve already got a number of big-name and emerging artists signed up – if we can take ownership over building the solar assets that are going to power our future, which we need to do as quickly as possible, there’s no reason why this couldn’t be rolled out for every artist touring the world.”

First published in the Guardian, 4 June 2019