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I have warned repeatedly that Australia’s energy policy is on a collision course with physics and reality. The reasons are simple.
Like it or not, coal is the backbone of Australia’s electricity grid, accounting for 58% of NEM generation over the past three months:
NEM Power Mix – Past 3 months
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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.
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