Former competition watchdog chief Rod Sims is heading up a new think tank to put energy transition at the heart of economic thinking and industry.

Mr Sims says electrification is not only important in itself, it’s also the lowest-cost path to decarbonising many activities that have not traditionally used electricity.

For example, green hydrogen made using renewable energy is at present the lowest cost replacement for coal for reducing iron ore to iron metal, he added.

Source: Think tank unfurls Aussie emission-busting superpowers – Michael West