Credible, consistent policy key to clean-energy future

by Tony Wood

Meeting Australia’s 2050 emissions reduction targets will require a complete transformation of our energy sector. Pricing carbon is an effective first step, writes Tony Wood in the CEDA publication, ‘Renewable Energy Future: Prospects and Realities’, but an ETS alone won’t generate enough investment in renewable energy technologies fast enough. What should government do to help innovators and investors bring sustainable, affordable low-emissions technologies to market?