Election 2022: Anthony Albanese’s Labor victory sets up...

Election 2022: Anthony Albanese’s Labor victory sets up ‘stunning’ green investment opportunity (copyright link)

"Labor’s target to increase renewable penetration to at least 80 per cent by 2030 from about 30 per cent today meant the country’s capacity for renewable energy generation would need to be tripled in just eight years, he said.Mr Scaysbrook said there was also a huge opportunity to open up industrial decarbonisation through projects such as green steel, green aluminium and green fuels, for example, as well as longer-term green exports. He said it was part of the vision to turn Australia into a renewable energy superpower, where the scale of investment required would overtake that in the domestic power sector.“As a busy person and so focused on the green economy, this is the most hopeful that we have been in a decade in being able to increase the significance of Australia as a market for future investment,” Mr Scaysbrook told reporters on Tuesday.

“Here in Australia, we do have a champion of hydrogen in Fortescue Future Industries … but they’re not the only ones that are out there in the world that are getting prepared to make very, very significant capital commitments to drive this forward,” he said.

There is also MGT.