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Pru Goward

Is the AGL dream team the PM’s climate saviour?

The bid to decarbonise Australia’s power giant could allow the government to let the market carry the transition risk and show the climate independents that private enterprise has it covered.

Pru GowardColumnist

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My, don’t we live in interesting times. I don’t imagine Mike Cannon-Brookes sees himself as the saviour of a Coalition government. But his bid with Canada’s Brookfield to buy AGL puts the role of innovation, risk-takers and the private sector in saving Australia from climate change, squarely centre stage.

While the Prime Minister is right to raise concerns about supply continuity (he could add lack of experience in one of the world’s trickiest industries, but good manners must prevent him) and Brookfield needs to run the Foreign Investment Review Board gauntlet, these two could turn out to be the PM’s climate change dream team. (Oh no, does that mean meetings in boardshorts and T-shirts?)

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Pru Goward is Professor of Social Interventions and Policy at Western Sydney University, and a former Liberal NSW government minister and sex discrimination commissioner.

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    Original URL: https://www.afr.com/policy/energy-and-climate/is-the-agl-dream-team-the-pm-s-climate-saviour-20220221-p59yeb