ORIGINALLY APPEARED IN THE AUSTRALIAN Affordable and reliable electricity is central to everything Australia does. But in pursuit of a policy of net-zero […]
If the pundits are to be believed, the march of ESG through Australian boardrooms is an unstoppable force, so said Moody’s Head of Sustainability at their conference recently in Sydney.
What started as a push to ensure environment, social and governance perspectives were given due weight in assessing companies and securities, is now shorthand for declaring certain forms of value-creation verboten.
Instead of engaging in a genuine contest of ideas about climate change and climate policy, the Morrison government capitulated to Net Zero. Investors developing projects will be concerned that projects will be strangled in further red and green tape.