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Tony Wood

What the next government must do to get emissions and power prices down

Four major actions will be necessary to get Australia on track to the 2050 target. Three swift actions must be taken to ensure reliable and affordable electricity in the transition.

Australia’s next government will have some big choices on climate change and energy. We are cleaning up from a major cyclone event and power prices are again rising, while there is global climate policy uncertainty exemplified by the positions being taken by new leaders in the US and Canada.

Yet transforming Australia’s economy to net zero is a necessary response to a real threat to our economy, our environment and our way of life. The choice is whether we do it well or badly.

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Tony Wood is head of the energy program at the Grattan Institute.

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    Original URL: https://www.afr.com/policy/energy-and-climate/what-the-next-government-must-do-to-get-emissions-and-power-prices-down-20250316-p5ljx4