Why it’s important: As chairman of the Net Zero Economy Agency Greg Combet is charged with ensuring an orderly energy transition
Context: The energy transition is faltering with new large-scale wind and solar commitments drying up and transmission projects bogged down
What’s next: Combet joins climate and energy ministers, electricity market body chiefs and top bureaucrats in trying to get the transition back on track
Greg Combet – the Albanese government’s point man for getting the faltering energy transition back on track – says he wants to deploy big super’s vast savings pool in decarbonisation projects with “commensurate” returns and bring his “troubleshooting” skills to bear on the challenge.
In his first public address as chairman of the newly created Net Zero Economy Agency, Mr Combet said he wants to create opportunities for institutional investors and super funds to finance companies undertaking decarbonisation projects – including alongside the federal green bank.
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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
