Australia was a different place in 2011. Julia Gillard’s Labor government, the Greens and a couple of country independents were rewriting the country’s climate policies, including introducing a world-leading carbon pricing system and creating three agencies to back it up.
Those organisations – the Clean Energy Finance Corporation, the Australian Renewable Energy Agency and the Climate Change Authority – have survived and help shape the investment and policy landscape. The carbon pricing system – falsely described as a tax – famously didn’t.