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.
Across the globe there are billions of people without access to reliable electricity, who can’t afford the luxury of risking trillions of dollars on unproven technologies to solve a ‘problem’ they otherwise wouldn’t even notice because they are far more concerned with simply trying to survive.
UN Secretary-General António Guterres wrote to every head of state demanding they set out plans to achieve carbon neutrality by 2050. This provided the basis for every NGO and state that saw advantage in Net Zero by 2050 to demand that Australia and every other “recalcitrant” state fall into line with something that they never agreed to – and which lacks any sound scientific basis.