Catenaa, Wednesday, December 5, 2024 – The Australian government has appointed David Shankey as the inaugural Chief Executive Officer of the Net Zero Economy Authority, marking a pivotal step in the nation’s push toward renewable energy and a net zero economy.
The announcement aligns with the passage of the Future Made in Australia legislation, reinforcing Australia’s role in global decarbonization. Shankey, a seasoned expert in energy and climate policy, previously led Queensland’s 10-year Energy and Jobs Plan, demonstrating a track record of successful reforms benefiting local communities.
Prime Minister Anthony Albanese emphasized the significance of the Authority in leveraging Australia’s rich natural resources, skilled workforce, and renewable potential. “The Net Zero Economy Authority is key to unlocking our potential as a renewable energy superpower,” he said.
The Authority is tasked with ensuring the equitable distribution of benefits from the net zero transition, collaborating with governments, unions, industry, investors, and First Nations communities. Shankey will partner with Dr. Iain Ross AO, Chair of the Authority, and an independent board to be announced soon.
Minister for Climate Change and Energy Chris Bowen highlighted the initiative’s capacity to generate high-quality regional jobs while addressing climate challenges. Assistant Minister Tim Ayres noted the Authority’s role in strengthening regional centers and building industrial resilience amid the shift to renewable energy.
This development underlines Australia’s commitment to becoming a leader in the global green economy, promising economic growth and sustainable job creation in transitioning industries.
