Prof Garnaut: Does Finkel Solve the Trilemma?

Twitter
LinkedIn
Facebook

fintech

By Anne Wardell, Compliance Quarter

 

Professor Ross Garnaut recently delivered a lecture to the Faculty of Business and Economics at The University of Melbourne. In this lecture he considers the Finkel review and discusses ‘the trilemma of providing energy security at low cost while Australia contributes to its fair share in the global climate change mitigation effort’.

The lecture is available for viewing on YouTube at https://youtu.be/WV5FaYL-tWc

Professor Garnaut is a Professorial Research Fellow in Economics at the University of Melbourne (since 2008). He was the senior economic policy official in Papua New Guinea’s Department of Finance in the years straddling Independence in 1975, principal economic adviser to Australian Prime Minister Bob Hawke 1983-1985, and Australian Ambassador to China 1985-1988.
He is the author of a number of influential reports to Government, including The Garnaut Climate Change Review (Cambridge University Press 2008) and The Garnaut Review 2011: Australia and the Global Response to Climate Change (Cambridge University Press 2011).

 

 

 

More to explorer

werribee park mansion

Victoria consults on lower prices for embedded network customers

The Victorian Government has opened consultation on proposed pricing reforms for embedded networks, following its announcement that it intends to require lower energy prices for households and small businesses in those networks. The consultation is relevant to residential and small commercial embedded network customers, embedded network operators, exempt sellers and suppliers, licensed retailers operating in embedded networks, owners corporations, retirement villages, caravan parks, shopping centres and providers of bundled energy-related services such as bulk hot water, centralised heating and cooling.

smartphone beside a magnifying glass

Energy Retailer Assurance Audits in 2026: An Australian Guide

Assurance audits used to be a tick-the-box exercise. They are not anymore. With the Australian Energy Regulator (AER) refreshing its Compliance Procedures and Guidelines and releasing an updated Practice Guide for Compliance Audits last year energy retailers in Australia are operating in a sharper, more evidence-driven assurance environment than at any point in the National Energy Retail Law’s history. This post explains, in plain English, what an assurance audit looks like under the current settings, where the AER is looking hardest in 2025/26, and

street road near green and yellow trees

Embracing the uncertainty of rapid advancement and adoption of general artificial intelligence for energy businesses

The way businesses and professionals interact with artificial intelligence has changed. Over the past two months, we have observed a shift across our client base and the broader regulatory and legal community that goes beyond curiosity or experimentation. Professionals who were previously sceptical are now actively engaging with AI tools. Those who were already experimenting are finding that the tools have become materially more capable than they were even six months ago.

Leave a Reply

Your email address will not be published. Required fields are marked *