Australia is forging ahead with ambitious energy transition plans, even if those plans are likely to miss their targets, industry executives said at a recent conference in Sydney. The Labor government, re-elected in May, has pledged to continue expanding renewable energy. But some are urging more decisive action — from investment in infrastructure and emerging technologies to a streamlined permitting process. Still, as it eyes a low-carbon future, and amid rising global uncertainties, experts argue that Australia could benefit by positioning itself as a middle ground between the US and China.
