Business People of the Year are Australia’s energy transition leaders

The Australian Financial Review Business People of the Year list recognises the leaders, builders, pioneers and stirrers who have left a mark on the nation’s business landscape over the previous 12 months.were AfterPay duo Nick Molnar and Anthony Eisen following the US payment giant Square’s $39 billion takeover of Australia’s buy now, pay later success story that was the high-water mark of the tech boom that has come down to earth amid inflation’s return and the end of ultra-cheap money.

The 2022 list unveiled today, amid the global energy crunch that has highlighted the challenges and opportunities of decarbonisation, is filled by the business chiefs who have been at the forefront of accelerating Australia’s energy transition. After a decade and half of dysfunctional political climate wars and policy chopping and changing, this year’s list acknowledges that business is getting on with transforming the carbon-intensive sources of Australia’s wealth, which is a huge positive for the nation’s growth and prosperity prospects in the coming decade.

During Shemara Wikramanayake’s four years in charge, Macquarie Bank has been repositioned to capitalise on the massive influx of global capital into renewable energy infrastructure.

At the same time, global scale has been given to Australia’s participation in climate initiatives, especially by putting Macquarie at the centre of financing decarbonisation projects in the emerging nations.

I look forward to holding these people all accountable as well for the most probable outcome of all of their “leadership” in energy transition. They can use some of the taxpayer subsidies that they receive and hand back to residents to defray cost increases likely to come.

They’re the only ones who stand to profit from the transition to renewables. Everyone else loses.

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Macquarie CEO named AFR Business Person of the YearShemara Wikramanayake’s leadership has led to record profit and a prime position in the energy transition, making her the third prominent Macquarie banker to top the AFR list.
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