Where have all the " billions behind Albanese’s green wave" gone ?

 by Ganesh Sahathevan 

                                              The music loving Albo might appreciate the problem

                                                                          better when put in song

In a highly insightful article The Guardian's Katherine Murphy reported:

Chris Bowen made it clear this week the government intends to transform the fundamentals of Australia’s energy grid. Labor has been saying this for ages of course, but this week, words were matched by a concrete plan of action.

Bowen unveiled a radical expansion of a capacity scheme intended to reshape the national electricity market. Coal is coming out, renewables moving in and taxpayers will underwrite the transformation

Absent from Murphy's analysis was any explanation for the disappearance of what The Australian described ion 22 May 2022 , just after Labor was elected to power  as the  Billions behind Albanese’s green wave:

 ANZ chief executive Shayne Elliott says he sees Australian banks playing a major role in funding the renewable energy revolution. But the biggest thing needed for this to happen was greater certainty around the regulatory settings. This would open up pools of long-term capital.

Also missing from Murphy's analysis is any mention of the Albanese spruiked  AUD 30 Billion Sun Cabke project that Albanese told Lee Hsien Loong would supply Singapore solar power from  Darwin.

END