Title $20 trillion of wealth waiting to be tapped Degree of recognition National Media name/outlet Australian Financial Review Media type Web Country Australia Date 26/11/20 Description Matt Kean is right when he says if we don’t reduce emissions, we will miss the chance to underwrite our future prosperity (“Electricity road map will power prosperity,” November 22).
Macquarie Business School research shows the total global wealth creation in hydro, wind, solar biofuels, fuel cells, and geothermal energy is expected to earn up to $A20.87 trillion by 2050. Indeed, Australia has the potential to be the world’s premier supplier of clean hydrogen. The NSW government has taken a lead policy position in recognising that renewables are our future as coal continues to be written down. The Reserve Bank, ASIC, APRA and AEMO have joined business leaders and
financial institutions, who are all taking steps to address climate risk.
All we need now is for the federal government to get on board.
Producer/Author Professor Martina Linnenluecke URL TBC Persons Martina Linnenluecke