‘Completely not possible’ to attain 50 per cent by 2030 with no radical change to the financial system

The Menzies Analysis Centre’s Nick Cater says it’s “extraordinary” that the Liberal Get together promised to go to 50 per cent renewable power.

“If a Liberal chief desires to current a goal like that, he has an obligation to point out us how it may be achieved and the way it may be achieved with out elevating power costs,” he informed Sky Information host Rita Panahi.

“As a result of if he’s bought a method of doing that, he’s a genius as a result of it has not been achieved anyplace else on the planet.

“It’s completely not possible to attain 50 per cent by 2030 with no radical change to the financial system.”