As well as some very smart people, high net worth individuals such as Gina Rinehart, Chris Ellison, Twiggy Forrest, Mike Cannon-Brookes (and other Atlassian founder) have invested in the decarbonisation value chain.
Have recently read that along with Berkshire Hathaway, that high interest rates means there is a lot of capital sitting on the sidelines looking for a value proposition.
The question then is what do the economic settings look like which would entice a large enough proportion of that capital off the sidelines into Australian value add investments in critical minerals, battery & advanced material refining/manufacturing, clean energy equipment & recycling plants & of course the upskilling & build up of labour to perform all these new roles (which may include nuclear).
Noting Ross Garnaut, Rod Sims not just talking but putting enormous effort into planning for just the above for years.
And lets not forget Guy DeBelle - he would live & breathe the above & ways for Australia to embrace this opportunity, for it is exactly that.
So IMO the glass is half full on this - expectation that the budget next Tuesday will have the right mix, like the US did with their IRA, to make a difference.
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