Australia Risks Mass Blackouts If Politicking Around Energy Continues: Energy Analyst

  Australia needs to have a serious discussion on diversifying its power grid—while reconsidering its rapid journey toward net zero—otherwise, a major energy security event in the next few years is highly probable. This is the view of leading energy and resources analyst Saul Kavonic, who said the constant back-and-forth on policy by federal and state governments is severely damaging the economic prosperity of the nation. And he said this could soon result in mass blackouts and job losses. “We’re at the point where the slow-moving trainwreck of our energy market—which was on the horizon—is now in front of us,” Mr. Kavonic, head of integrated energy, resources, and carbon research at Credit Suisse, told The Epoch Times....