Australia is finally taking global warming seriously, and everyone from oil majors to billionaire mining magnates are looking for a way to capitalize on the transformation.
The signs of change are everywhere on the continent. A new government was elected, pledging to cut greenhouse gas emissions faster; the nation’s largest power grid has a multi-billion dollar plan to get rid of coal; and some of the country’s wealthiest people who have made their fortunes in mining and technology are lining up huge green energy projects designed to transform the nation from king of fossil fuels to a global supplier of green energy and metals needed to build electric vehicles.
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