Climate targets ‘challenged’ as energy transition stumbles

The Albanese government will struggle to meet its “aggressive” emissions reduction targets, while industry faces hurdles to delivering the energy transition because of delays in building transmission lines, flatlining uptake of electric vehicles, rising costs and a shift in community attitudes, senior business leaders warn.

AMPOL chief executive Matthew Halliday said there was a “huge challenge” to secure connections to the grid for fast-charging stations for EVs, while poor re-sale values were hampering take-up.