Business
Alan Kohler: Australia’s solar tsunami to trigger coal collapse – The New Daily
Coal generation must end eventually if we’re to have zero carbon emissions by 2050, but the transition to renewables is happening faster than expected.
The coal-fired power generation industry is on the brink of collapse.
Although coal generation must end eventually if were to have zero carbon emissions by 2050, the transition to renewables is happening a lot faster than expected, and neither the national grid nor the coal industry is ready for it.
The main reason the industry and government have been caught out is clear: The lack of clear policy leadership from Canberra has led to confusion, under-investment and complacency.
The transition is…
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