Why do we need a Net Zero Economy Authority? And how can it fulfil its promise?

Thu, 27 Jun 2024 03:47:23 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/why-do-we-need-a-net-zero-economy-authority-and-how-can-it-fulfil-its-promise-228408>

"To support its climate agenda, the Albanese government is building new
institutions. One of the most important will be the Net Zero Economy Authority.
The proposed laws to create this authority are currently before the Senate.

Institutions like this can prove enduring despite Australia’s contested climate
politics. While the carbon price introduced in 2012 was repealed, the climate
and renewables institutions the Rudd/Gillard Labor governments created continue
to this day.

You might ask why we need another one. It’s because getting to net zero is a
very big job, as new low-emissions industries come online while high-emissions
industries exit. This authority would take the lead on aligning policies
between different tiers of government, facilitating investment, helping fossil
fuel workers transition to new jobs, and communication.

What should it look like? We reviewed international best practice in a newly
released report for the authority’s predecessor, the Net Zero Economy Agency.
Our recent submission suggests Australia’s authority should identify green
investment options and co-ordinate, but should not invest itself. It should
focus on finding and evaluating new green industrial options. And it should
focus not just on helping coal workers change careers, but on the surrounding
communities as well."

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

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