Statement on the passage of final COP28 Agreement

“Achieving consensus among 198 nations is no easy task; yet, such is the urgency of tackling the issue of climate change, that the world recognises renewable energy as the most cost-effective and impactful solution.“This is a watershed moment in Australia’s journey to becoming a global clean energy superpower, particularly given that investors have long sought greater certainty about the timeframes for the closure of coal-fired power stations, and their replacement with renewable generation and storage.“The Clean Energy Council continues to work alongside the Commonwealth Government in navigating this transition at home, and how any barriers to the growth of renewable energy investment can be overcome.”