Critics of the Albanese government’s gas strategy seem content for governments to prolong the lives of coal-fired power stations at taxpayers’ expense. Or they are more relaxed than most householders about nightly blackouts.
Australian governments, state and federal, are going flat out with the energy transition. During the day, solar and wind already generate most of the nation’s electricity needs. If Australia is to take advantage of the opportunity to export green iron and aluminium to Japan, China and Korea, it will need to generate much more renewable energy.
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Craig Emerson is managing director of Emerson Economics. He is a distinguished fellow at the ANU, director of the Australian APEC Study Centre at RMIT and adjunct professor at Victoria University’s College of Business.
