Push to transform energy sources
Australia could source 85 per cent of its power from clean energy sources by 2050 according to modelling contained in the government's energy white paper.
But the transformation from coal dependency to a clean energy future would require more than $200 billion investment in new power plants, including $100 billion in renewable sources of powers and $50 billion to $60 billion in gas, it says. The paper also makes it clear that fossil fuels will continue to underpin Australia's energy security "for many years to come".
Read more: http://www.brisbanetimes.com.au/opinion/political-news/push-to-transform-energy-sources-20121107-28yp7.html