‘After 17 wasted years Australia still has no energy plan’
Australia has wasted almost two decades to resolve its energy policy and still has no plan for the transition away from fossil fuels, a non-executive director of Origin Energy has said.
Australia’s commitment to achieving net zero emissions by 2050 is expected to reshape the country’s $2 trillion economy. But with a global energy crunch driving demand for fossil fuels and the sustained surge in local wholesale electricity prices, the debate about how fast to accelerate to renewable energy has intensified.
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