Whilst the government continues to make strong claims about it energy policy progress evidence suggest that “going nowhere” is its underlying policy position.
It is clear that the road of choice of the government is neither consistent with science or our national fair carbon budget.
When compared with the road that is consistent with science and the road many State Governments and businesses are on the clear diverging paths that will lead to conflict.
This conflict translates to inevitable uncertainty that has the potential to cost the economy dearly as its looses the benefits from the business opportunities of transition and ultimately faces abrupt transition costs.
As the song states …we know where we are going and the future is certain..
“Well we know where we’re going
But we don’t know where we’ve been
And we know what we’re knowing
But we can’t say what we’ve seen
And we’re not little children
And we know what we want
And the future is certain
Give us time to work it out”
…..it is unfortunate that we seem to be behaving like little children and that we have no more time to work it out.