Grattan Institute: Australia Needs Clear Energy Policy

The video discusses the energy crisis in Australia, highlighting the lack of clear government policy on climate and carbon emissions, which has led to confusion among companies about investment strategies. The market has shifted towards clean energy, moving away from coal and gas, resulting in high power prices. The transition to renewable energy sources like wind and solar is challenged by the absence of viable alternatives and policy failures. The video emphasizes the need for balanced energy solutions and clear policies from both federal and state governments to address these issues.

In what ways have regulatory outcomes affected the energy network costs in Australia?

What challenges are associated with the transition to renewable energy sources like wind and solar?