Why don’t we hear about the $40,000 per household cost of decarbonisation?

The Irish Times reports that an IMF study of Ireland estimates that the nation will need to spend 20 billion euros a year – or five per cent of GDP – to meet its 2050 goal of net zero emissions of CO2 from the burning of coal, gas and oil.

In Australia, we are already edging towards the deplorable net zero target while not even formally embracing it.

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Why don’t we hear about the $40,000 per household cost of decarbonisation?

Get 10 issues
for $10