Australia faces postwar-style reconstruction to reach net zero target, says Combet

A ‘pipeline’ of clean projects is being assembled, says the head of the agency charged with multibillion-dollar transformationGet our morning and afternoon news emails, free app or daily news podcastAustralia faces a postwar-scale reconstruction costing hundreds of billions of dollars in private and public investment to reach net zero emissions by mid-century, the former Labor climate minister and incoming Future Fund chair, Greg Combet, says.Speaking at the National Press Club, Combet said the Net Zero Economy Authority – a new government agency proposed to help manage the country’s transformation from a dirty to a clean economy – was putting together a “pipeline” of clean industrial projects and would be “figuring out how to help bring them to concrete investment decisions”. Continue reading...

Apr 2, 2024 - 18:30
 0  3
Australia faces postwar-style reconstruction to reach net zero target, says Combet

A ‘pipeline’ of clean projects is being assembled, says the head of the agency charged with multibillion-dollar transformation

Australia faces a postwar-scale reconstruction costing hundreds of billions of dollars in private and public investment to reach net zero emissions by mid-century, the former Labor climate minister and incoming Future Fund chair, Greg Combet, says.

Speaking at the National Press Club, Combet said the Net Zero Economy Authority – a new government agency proposed to help manage the country’s transformation from a dirty to a clean economy – was putting together a “pipeline” of clean industrial projects and would be “figuring out how to help bring them to concrete investment decisions”. Continue reading...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.