Albanese’s promised clean economy act has been a long time coming, but it’s the right place to start | Adam Morton

The challenge for a resource-rich, medium-sized economy such as Australia is to identify the right green industries to focus on, while minimising the risks to taxpayers

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It’s taken a while to get here, but Anthony Albanese is on the verge of promising what some economists and most clean energy advocates have been urging Australian governments to do for years. Or at least a version of it.

The prime minister’s promised “future made in Australia” act is clumsily named, and the announcement last week had few details, but the idea – that the government will need to use its weight to help develop green industries if the country is to make a rapid transition from fossil fuels to a clean economy – has been a long time coming.

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