The road to net zero by 2050 will not be easy, and Australians have been warned they must be prepared to face “hard truths”.
He said Australia would spend more as a percentage of GDP on energy, energy services and energy infrastructure. “Getting over the hump of this difficult part of the transition is going to require partnership in all directions.” The government has an ambitious target of renewable energy generating more than 80 per cent of Australia’s electricity by 2030.
Realistically, Mr Dimery said getting to net zero by 2050 was a “monumental task” and the country would “struggle”.
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