Can Australia be a Renewable Energy Superpower?

Ingrid Burfurd

Australian Economic Review, 2024, vol. 57, issue 4, 401-412

Abstract: Current trade patterns reflect the low cost of transporting carbon‐intensive fossil fuels. But renewable energy is expensive to transport. In a world moving to net‐zero emissions, Australia can capitalise on its abundant renewable energy resource to process and export green minerals and fuels. With the right policy settings, Australia could not only meet its own international commitments to reach net‐zero carbon emissions by 2050, but it could make a significant contribution to the global reduction in emissions, and prosper in the process.

Date: 2024
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