Australia finally has a clear energy policy and an ambitious climate target to drive investment required to modernise the electricity grid. But the Albanese government’s new plans to reach net zero by 2050 lack the same details for which the Morrison government was criticised. The Albanese government last week announced its 2035 climate target, committing to cut emissions by 62-70 per cent from 2005 level by 2035 in a major upgrade to its 2030 goal and a huge increase in ambition compared to past governments. Prime Minister Anthony Albanese and former PM Scott Morrison both released net zero plans. Arresting climate change and meeting that ambition means more than just cleaning up the power grid, where the government is making valuable gains with clear policy to drive private investment into renewable energy.