Investors simply don’t know what to make of the latest political ructions in Australia, and its decision to effectively abandon any emissions reduction component in its energy policy, or anywhere else in the economy for that matter.
Emma Herd, the head of the Investment Group on Climate Change, which represents more than $2 trillion in funds under management, says it is clear that money is ready to be deployed in new technologies and infrastructure, but it will find a home in other markets if Australia continues to sow confusion with its policies.
And Herd wonder this: If it wasn’t about emissions, would conservatives still seek to stop investments in clean energy
You can listen to this and other podcasts from our Energy Insiders series, the Solar Insiders series, and The Driven here, or on your favourite platform.
Origin Energy seeks approval for new addition to its Eraring battery that would take the…
More projects are going hybrid: A $2 billion solar and battery addition is proposed to…
Canberra is becoming a real-world laboratory for mass electrification, but its local electricity network will…
The Macorna wind project will have a simpler ride through state planning, and insists it…
One of the heaviest and longest road trips ever undertaken in Australia's energy transition has…
Australia has a choice between investing in the future we can already see – or subsidising…