Trillions Needed to Scale up Future of Renewable Energy

Trillions Needed to Scale up Future of Renewable Energy
A wind turbine is seen set amongst trees at the Taralga Wind Farm in Taralga, New South Wales, Australia on Aug. 31, 2015 in Taralga, Australia. Photo by Mark Kolbe/Getty Images
AAP
By AAP
Updated:

A net-zero Australia will require up to $9 trillion (US$6 trillion) of capital to be spent on energy, industrial and export infrastructure by 2060, researchers say.

Decarbonisation is tipped to provide 700,000 direct jobs, mainly in regional and rural areas, according to independent modelling released on Wednesday.