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Why we need a big green bank for low carbon transition
Australia will not go it alone if it deploys the $10 billion Clean Energy Finance Corporation. The biggest cleantech investors in the world, China, US, Germany and Brazil, are using such institutions with even bigger budgets to underwrite their transition to a low carbon economy. -
A smart grid and seven clean energy sources
The Grattan Institute’s study into Australia’s energy future canvasses seven technologies that could help deliver an 80 per cent reduction in emissions by 2050 – wind, solar PV, solar thermal, geothermal, CCS, nuclear and bio-energy. And then there is the grid, and it’s need to be smart and play fair, and not just favour the incumbent coal and gas plants. -
No easy choices, but a strong case for energy action
A new report from the Grattan Institute highlights the need for increased government support for clean energy in Australia. It says a carbon price alone will not suffice, regulatory changes are needed and fossil fuel subsidies should be removed. But it hedges its bets on which technologies will provide the solution, and at what cost.
