Source: Unsplash/Anders J
The world is undertaking the most difficult energy and economic transition since the start of agriculture – the enormous technological challenge to build the reliable, affordable, zero-emissions energy system of the future.
Government interventions are essential to realising this transition. In Australia, the United States and many other countries, governments have provided incentives and implemented mandates for solar, wind and other zero-emissions technologies. Despite the enormous success these public investments have stimulated, much more needs to be done to drive the rapid electrification required to reach net-zero emissions.
Ultimately, the scale of required investment is much greater than what can be achieved by government alone.
COMMENTS
Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.