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The Future of Renewable Energy in Australia
As the energy transition is evolving in Australia I suppose we are seeing a shift in government to more interventions. In some ways that's a positively for project finance because it de-risk at least from a price perspective some of these projects but you know it does kind of raise the specter of broader policy risks. The bigger risk is going to be more in what happens when we move to a fleet that's heavily dominated by low margin very low marginal cost producers with a very long and flat price curve.