Albo gaslights on the true cost of renewables

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Prime Minister Anthony Albanese is back at it, lying that a renewables-based future will deliver Australia an “era of growth and prosperity” with the private sector leading the charge.

“The global shift to clean energy is the biggest economic transformation since the industrial revolution and it is a profound economic opportunity for Australia”, Albanese will reportedly say in a speech to the Business Council of Australia’s annual dinner on Monday.

“If we act now, if we get it right, we can set our nation up for a new era of growth and prosperity, one built on our strengths as a high-skill, fair-wage economy”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.