Australia’s commitment to the Paris Agreement means cutting carbon emissions to near zero over the next 30 years. This must be done at the lowest cost, while ensuring energy supplies remain reliable.

This historic task is a challenge and an opportunity. The reforms and investments required will be unprecedented in their scale and complexity. But Australia has the energy and other resources to flourish in this low-carbon future.

Listen to Grattan Institute's Energy Program Director Tony Wood and Fellow Guy Dundas tackle the future of energy in Australia with podcast host, Paul Austin.