Part 8/10:
Despite optimistic statements from government officials asserting that the clean energy transition is “going well,” numerous projects are suffering setbacks. In Victoria, proposed legislation to facilitate transmission infrastructure is faced with opposition, and only a fraction of needed high-voltage lines are expected to be built within the next decade.
Meanwhile, the ambitious $12.5 billion green hydrogen project in Queensland and various other proposals worth nearly $100 billion are either failing or stagnant, illustrating a pattern of overcommitment and underdelivery. These failures depict Australia’s green energy ambition as increasingly unsustainable—beyond mere miscalculations, it reveals a misallocation of resources on a scale that risks significant economic consequences.