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Renewable energy could create a million new jobs: Cannon-Brookes

Australia could create a million new jobs through backing renewable energy with new transmission lines and the creation of a new manufacturing industry, according to a report released on Monday by Beyond Zero Emissions.

The think tank, backed by Atlassian’s Mike Cannon-Brookes, the James Kirby Foundation and the Lenko Foundation, has released a new paper detailing how the program would work. The plan is based on building 90 gigawatts of solar and wind energy and harvesting that through the economy. Atlassian co-CEO Mike Cannon-Brookes looks on during a press conference in Sydney, Thursday, June 25, 2020. (AAP Image/Dan Himbrechts)

The report notes that blocks to the development include government policy uncertainty and outdated transmission networks.

It argues 10 new transmission lines connecting renewable energy projects in regions like the Pilbarra and Northern Territory could create thousands of new jobs. The BCA has argued “every dollar invested in energy should be a dollar towards lower emissions”.

There are already 160GW of renewable projects in the pipeline.

The new plan aims to ensure turbines are built in Australia and “underwriting renewable energy industrial zones”. The report notes that Australia is ideally placed to develop both wind and solar projects.

Mr Cannon-Brookes said: “There is no doubt … this plan is bold. But it’s also do-able.”

Source: The Australian Newspaper (Date 09/06/2020)