Australia can change into a ‘renewable power superpower’: Jim Chalmers

Australia can change into a ‘renewable power superpower’: Jim Chalmers

Treasurer Jim Chalmers says Australia can become an “indispensable part” of the global net zero economy by becoming a “renewable energy superpower”.

“We’ve got a big chance in this country: we can become an indispensable part of the global net zero economy,” Mr Chalmers told Sky News Australia.

“We do that by making ourselves a renewable energy superpower and empowering that Future Made in Australia.

“I’m not satisfied at just being at the very beginning and the very end of supply chains – we want to be in the middle where the value is created.

“There is nothing in our investments which should trouble the Reserve Bank or others who watch these things closely.”

Mr Chalmers will hand down the federal budget on Tuesday, May 14.