<
https://theconversation.com/making-money-green-australia-takes-its-first-steps-towards-a-net-zero-finance-strategy-214063>
"Just north of Jamestown in South Australia, 70 kilometres east of the Spencer
Gulf and next to a wind farm of nearly 100 turbines, stands the world’s first
big battery.
Built in partnership with Tesla and financed and operated by Neoen, a French
multinational renewable energy developer, the Hornsdale Power Reserve and other
big battery projects could stimulate a homegrown battery industry, contributing
many billions of dollars and thousands of jobs to the Australian economy. But
for that industry to rise, it will need money.
Australia aspires not only to transition its economy to net zero emissions, but
to become a green energy superpower. That means building a host of solar and
wind farms, batteries, electric vehicle charging stations, upgrades to the grid
and to all kinds of buildings, as well as investments in new technology.
These investments and big infrastructure projects don’t come cheap. Getting to
net zero emissions by 2050 requires investment in renewable energy of A$754
billion in power generation alone, according to research by the UTS Institute
for Sustainable Futures and funded by Future Super."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
