 | Author's Name: Melinda Cliento Date: Thu 16 Feb 2023 |
Melinda Cliento
Melinda is the CEO of CEDA. She is also a non-executive director of Australian Unity and
Co-Chair of Reconciliation Australia. Melinda is also a member of the Parliamentary Budget
Office panel of expert advisors and Generation One’s Advisory Panel - Indigenous Employment
Scorecard Project.
She was previously a non-executive director of Woodside Petroleum, a Commissioner with the
Productivity Commission and Deputy CEO and Chief Economist with the Business Council of
Australia. Melinda has also previously held senior roles with the Federal Department of Treasury,
Invesco and the International Monetary Fund.
Melinda’s executive and director experience covers the corporate, government and not-for-profit
sectors and she has a strong track record of working collaboratively across sectors.
Melinda’s professional qualifications include a Masters of Economics (Australian National
University), and Bachelor of Economics (Hons) and Bachelor of Arts (Psychology), (Flinders
University, SA). She is a graduate of the AICD Company Directors Course.
Responses (1)
Economists eye costs of a failed energy transition
Poll 67
Poll finds support for aligning net zero, reliability and price,
Peter Martin
.
WHAT MATTERS MOST:
1. Ensuring the reliability of power supply
2. Achieving net zero carbon dioxide equivalent emissions by 2050
PER CENT OF GENERATION BY 2040:
Coal: 0
Gas: 3 (9 of capacity
Renewables: 1
Nuclear: 0
COMMENT:
For the optimal mix in 2040, I am as uncertain as anyone, but pretty certain that what we predict as 'optimal' now will be different by then. So until then, I lean to AEMO's 'most likely' step change scenario in its Integrated System Plan.
By the way, don't forget about storage when thinking about energy sources and mix.
Ps - on the multiple choice above, we are going to have to get as close as possible on all three goals, nailing two but being wildly off the third will not be sustainable in my view.
HOW TO GET THERE:
Carbon pricing through a cap and trade scheme, Carbon pricing through an extension of the safeguard mechanism to most industries and firms