Shift to renewables would save Australians $20bn a year – report

Study says 40% of transport could be emissions-free by 2035 and neighbours could trade clean electricity

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A total shift to renewable energy would pay for itself through cost savings within two decades, and ultimately save Australians $20bn a year in combined fuel and power costs, a new report says.

The report, released on Thursday morning, outlines a path to powering homes and businesses from renewable sources by 2030. By 2035, 40% of transport could be emissions free, it says.