Weekend Edition: Is NetZero transitioning us to higher inflation?
NAB Morning Call - A podcast by Phil Dobbie
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Friday 29th September 2023Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.The races is on to meet the 2050 NetZero target, and the 2030 target of 82% renewable energy. Australia isn’t the only country racing for the same finish line. Virginia Christie says the demand for inputs to build the infrastructure, and the expertise needed to manage it, will be inflationary, in the same way the mining boom was. Virginia is a governing body member of WA’s Economic Regulation Authority and, before that, spent many years at the Treasury and the RBA. Both of those bodies face a challenge about how, not only to meet the 2050 target but how to navigate through the unavoidable high inflation environment that precedes it. It’s a thought-provoking episode that’s definitely worth a listen. Hosted on Acast. See acast.com/privacy for more information.