Economy of the future

Australia wants to eliminate 80 percent of its CO2 emissions by 2030. Achieving this requires a gigantic energy transformation and a conversion of industrial production to so-called 'green goods. ' To this end, the government has now passed a law under the powerful title 'A Future Made in Australia. ' Financial expert Dr. Klaus Wiegel analyses whether these plans are realistic or just wishful thinking.

Australia's future should be 'green' Credit: da-kuk/Getty Images