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Powering the Future: The Business Case for Switching to Renewables
Plans by the new Coalition Government to abolish Australia's carbon tax
put it on a collision course with its Labor predecessor, which opposes
the move unless it leads to an emissions trading scheme. Into the fray
comes new research from centres at the University of New South Wales.
This modelling of investment and operating cost scenarios demonstrates
how, by 2030, power generated from renewable energy sources would be a
cheaper option than even “clean” gas and coal. The researchers aim to
inform a process of decarbonising the electricity industries, but
financial market analysts are sceptical that an entrenched reliance on
fossil fuels will change without a series of ultra-extreme events.
View all episodes
By theBoxPlans by the new Coalition Government to abolish Australia's carbon tax
put it on a collision course with its Labor predecessor, which opposes
the move unless it leads to an emissions trading scheme. Into the fray
comes new research from centres at the University of New South Wales.
This modelling of investment and operating cost scenarios demonstrates
how, by 2030, power generated from renewable energy sources would be a
cheaper option than even “clean” gas and coal. The researchers aim to
inform a process of decarbonising the electricity industries, but
financial market analysts are sceptical that an entrenched reliance on
fossil fuels will change without a series of ultra-extreme events.
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