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A ‘superpower’ Australia could snare greater share of green boom
Former Australian Competition and Consumer Commission (ACCC) chief Rod Sims has backed a campaign to rapidly accelerate the country’s wind and solar power rollout, and to use it to create green metals, fertilisers and transport fuels for the world. Describing it as a “once in a century opportunity”, he said Australia could become a clean energy superpower by utilising its cheap and abundant power and minerals. Sims, who chairs the new Superpower Institute founded by veteran reformer and climate and energy expert Ross Garnaut, said that by moving quickly, Australia could decarbonise 8% of the world’s emissions. The superpower campaign challenges Australian industry’s assumption that the transition should proceed at a measured pace with a prominent role for gas. Read the AFR article: https://www.afr.com/policy/energy-an...0230417-p5d0z5
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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Sims and Garnuat: Australia Energy Superpower
“What does it mean when two of Australia’s most experienced policymakers and economists – each with over four decades of experience at the highest levels of government and industry – are campaigning for an idea that once seemed revolutionary but increasingly looks as if it might just become mainstream?”
https://www.afr.com/policy/energy-an...0230419-p5d1n2
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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