Malcolm Turnbull: “it’s time to invest in the future”

As the Australian Government gets set to release its Federal Budget, the focus for the nations former leader, Malcolm Turnbull is on climate change.

The former Prime Minister of Australia, Malcolm Turnbull, is lobbying heavily in favour of renewable, cleaner energy. Sitting down with Climate Expert Scott Hamilton and Ticker News Presenter Holly Stearns, Turnbull said it’s time that governments invest in the eco-friendly technologies of the future.

“The Government is right now, too reliant on fossil fuels”

Turnbull, who was the Prime Minister of Australia between 2015 to 2018, says that Australia is far behind other nations when it comes to renewable energy. He’s optimistic that the Federal Budget announcement on Tuesday 11 May 2021 will shed some light on Australia’s next steps to a cleaner future, but says ‘the government is too reliant on fossil fuels’.

The former Liberal MP said that as it stands, Australia is too reliant on fossil fuels and demand for coal will soon rapidly head south. He says substantial investment into cleaner energy is needed, calling for additional pump storage projects to get underway.

Turnbull is the man to praise for Australia’s Snowy Hydro and the GenX project, two fundamental natural gas-powered plants that are the next phase of Australia’s move to greener energy.

The Australian government will deliver the Federal Budget at 7:30pm AEST on Tuesday, May 11.

Treasurer Josh Frydenberg will reveal how the Morrison government is going to spend taxpayer’s money over the next four years.