Australia’s Renewable Plan Doesn’t Address How to Source of Billions in Extra Funding: Energy Director

An energy expert has said Australia’s net zero plan does not address issues around funding sources for additional investments in renewable energy. During a recent inquiry hearing, Michael Brear, a professor at the University of Melbourne and the director of the Melbourne Energy Institute, was concerned that the country’s net zero plan lacked many important details. “The Commonwealth net zero plan, I think it is fair to say, is a work in progress,” he told a parliamentary committee. “The plan hasn’t yet stated how it will address the need for hundreds to thousands of billions of additional investment.”...