Easing cost-of-living pressures and generating thousands of sustainable jobs could flow from a plan to harness the Northern Territory’s abundant sunshine.
Independent economic modelling released on Tuesday rejects a federal and NT government $1.5-billion plan to turn the Middle Arm peninsula into an industrial zone for processing gas, hydrogen and minerals.
The Recharging the Territory report instead outlines the benefits of an economy charged by large-scale solar energy that would slash power bills and bring sustainable industries to the region.
There is a “once in a generation opportunity” to build a clean industrial base in the territory, according to report author Tom Quinn, founding CEO of Future Business Council and former research head at Beyond Zero Emissions.
