US energy transition far better than Australia’s

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As we know, Australia hates Donald Trump in part because of his stance on climate change.

What most Australians don’t know, however, is that the US has done a much better job of decarbonising itself cheaply than we have.

The recent change has been part of the post-COVID recovery. While the US has rehabilitated industry, Australia has rehabilitated people imports while reducing industry, suppressing CO2 per capita.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.