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Opposition Leader Bill Shorten announced recently that a federal Labor government would create a Just Transition Authority to oversee Australia’s transition from fossil fuels to renewable energy.
Based purely on the technical lifetime of existing power stations, the Australian market operator predicts that 70% of coal-fired generation capacity will be retired in New South Wales, South Australia and Victoria by 2040. If renewables continue to fall in price, it could be much sooner.
Franziska Mey , Senior Research Consultant, Institute for Sustainable Futures, University of Technology Sydney joined me to talk about how this transition could work.