From a macro-economic perspective, it will take more than 50 years to wean the globe off non-renewables.
, & LNG (we are waiting for India to fire-up of which Adani is the tip of that iceberg, IMO)
Last year non renewables earned us about $100 billion in exports alone without considering the domestic market,
so if we stopped that tomorrow, who would pay for our upmarket manufactures goods such as cars, machinery,
iPhones and renewable energy hardware & software.
https://www.industry.gov.au/news-media/office-of-the-chief-economist-news/australias-resources-and-energy-exports-forecast-to-set-fresh-record
its fine to dream but we have to deal with economic realities.We have been asleep for the past decade . While
coal, LNG has hit historic highs in price and volume, the profits have been spirited overseas for our majority
foreign owners to squirrel away in tax havens and bugger Australia.
IMO, we should have done like Saudi Arabia or Norway and retained the profit onshore to industrialise andbuild the neccessary
ifrastructure to decarbonise. If we have the lollies we have the economic freedom to decarbonise & if we dont, then tough kitties.
If solar & wind were significantly cheaper than coal/gas, then the Chinese and US investors would all over it like fleas rather than
buying or taking equity in our carbon burners.
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