Missed opportunity: How fossil fuel investment is crowding out roads and renewables
Public road and rail projects worth $7 billion have been sidelined due to Australia’s ‘clogged’ infrastructure pipeline. Meanwhile, the coal and gas industries have committed to $41 billion worth of new fossil fuel projects with similar construction and engineering inputs. Fossil fuel expansion will crowd out both road and rail projects and drive up the cost of the approximately $58 billion in renewable energy infrastructure projects also planned by the Federal Government.