In this episode of The Commercial Disco, editorial director James Riley speaks with Dr Daniel Rossetto, a prominent voice in global environmental finance and adjunct professor at the University of Adelaide on Australia’s political mandate post-election and what it signals for national climate policy and net-zero ambitions.
Dr Rossetto underscores the urgency for Australia to define post-2030 renewable energy targets and intermediate climate goals for 2035, as well as long-term policy certainty to catalyse private investment in clean energy.
Exploring the technical and financial challenges of maintaining grid stability with increasing renewable penetration, Dr Rossetto notes striking similarities between the Australian and European energy landscapes and draws specific examples from Italy’s use of gas in the energy mix.
The discussion also covers the controversial realm of nuclear energy, with a view that market mechanisms, not government ownership, should guide Australia’s energy mix.