Unless the US and the world’s biggest corporations get on board and assist China and India the gesture is a token even if admirable. The biggest corporations are the biggest polluters and have ignored governments for years.
Prepare for a great acceleration in renewable energy build, despite the policy fracas between Labor and the Greens. To achieve its 82% target, Labor has to build renewables around five times faster than the past two decades, and build storage at about 10 times the rate of the past five years. Energy economist Bruce Mountain offers a blueprint.