Australians must face the “hard truth” of having to pay more for energy in the future as the country struggles through the renewables transition, the chief executive of a major energy company says.
The road to net zero by 2050 will not be easy, and Australia ns have been warned they must be prepared to face “hard truths”.
He said Australia would spend more as a percentage of GDP on energy, energy services and energy infrastructure. “Getting over the hump of this difficult part of the transition is going to require partnership in all directions.” The government has an ambitious target of renewable energy generating more than 80 per cent of Australia’s electricity by 2030.
Realistically, Mr Dimery said getting to net zero by 2050 was a “monumental task” and the country would “struggle”.
Bill Control Chief Executive Change Behaviour Energy Company Sky News Political Reporter Cam Reddin Government Teases Melbourne Andrew Henshaw Oceania Bill Truth Powerbill Relief Bill Relief Upfront Cost Reddin Ellen Ransley Solar Panel Manufacturing Newswire Photos Country Struggles Business Bills Tax Base Energy Services Renewables Transition Transmission Costs Alinta Energy Jeff Dimery Labor Costs Australia And New Zealand Energy Infrastructure Victoria National Press Club Nuclear Energy Monumental Task Budgetpower Bills Erin Molan Power Bill Relief Management Team Key Theme Australian Energy Market Operator Australia Net-Zero Transition Global Energy Crunch Building Power Stations
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