Expert Asks Who Will Fund Australia’s Net Zero Pursuit

University of Melbourne Professor Michael Brear said the current net zero plan was a work in progress and lacked details about how to achieve the transition.

Workers lift solar panels onto their frames at a solar farm in Oxfordshire, the UK, on Aug. 1, 2024. Justin Tallis/AFP via Getty Images

An energy expert says the Labor government’s ambitious net zero plan lacks certain details including who will be providing the billions of dollars of investment needed.

During a recent inquiry hearing, Michael Brear, professor at the University of Melbourne and director of the Melbourne Energy Institute, said the plan was “a work in progress.”