Garnaut: Australia will lose competitive advantage if no clean energy transition

Michael Mazengarb, Renewable Economy,  

A strong future Australian economy can be created by embracing a low emissions economy, and risks sacrificing much of its economic advantages if its doesn’t, according to one of Australia’s leading economists.

Addressing the Stimulus Summit co-hosted by the Smart Energy Council and RenewEconomy, leading economist Professor Ross Garnaut said that there is an increasing appreciation of the benefits of acting on climate change, and the opportunities that exist in accelerating the transition to a clean energy economy.

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