The bell has tolled for the fossil age: Why net zero makes us all richer | SMH

Net zero does not cost jobs: it replaces 5 million lost in oil, gas and coal with eight times as many jobs for engineers, electrical experts, offshore operators, solar technicians or lithium miners, whether directly or indirectly.

It does not raise energy costs: it cuts the average bill for households on heating, cooling, electricity, and car fuel from $US2800 ($3630) to $US2300 ($2980) a year by 2030 in advanced countries. The energy share of disposable income halves from 4 per cent to 2 per cent by mid-century. It is tantamount to free energy.