Grant Thornton Australia

A Green-led COVID Recovery: Australia's Energy Week

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Sinopsis

Last week was "energy week" - with a number of policy announcements from the Federal Government, and yesterday's launch of the Low Emissions Statement signalling the prioritisation of hydrogen storage, low carbon manufacturing and carbon capture on our transition away from coal and towards a more renewable future. The Government is pouring funding into stockpiling fuel, committing to invest in dispatchable energy, and expanding the remit of the Clean Energy Finance Corporation and the Australian Renewable Energy Agency. Investment is one thing, bringing national consistency to energy policy is another. However, get the structure right and investment in energy will mean investment in clean energy technologies that can support a strong economic recovery. In our podcast, Jannaya James, specialist in Renewable Energy at Grant Thornton, discusses the importance of funding emerging clean technologies, whether gas is the right transitional decision, and the road to hydrogen.