Net zero is ‘dangerous’: job losses due to closure will be higher than forecast

IPA director Gideon Rozner says net no-load is “dangerous” for Australia as the institute finds job losses at the Eraring coal-fired power plant will be 40 percent higher than initially expected.

“Australians are not stupid, they know that this green jobs revolution promised by the Prime Minister and supporters of net zero will not happen,” Rozner told Sky News presenter Peta Credlin.

“They know, as IPA research shows, that Australia’s 650,000 mining, agricultural and manufacturing jobs in mining, agriculture and manufacturing are directly at risk as a result of net zero.

“They know that at the very least … to reach net zero, every coal, gas and oil project currently in the pipeline would have to be scrapped at a cost of a quarter of a trillion dollars in lost wealth.”

Leave a Comment