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Global efforts to mitigate climate change are coming into focus ahead of the United Nations Climate Change Conference - or COP28 - in November. Many countries have shifted their targets since the Paris Agreement, which aims to avoid catastrophic temperature rises by limiting global warming to well below 2 degrees. So where does Australia stand on its net zero targets in comparison to the rest of the world?
Clean export installations up north, production hubs in the south and pipelines crossing the nation map out Australia's future as a net-zero nation.
A net-zero Australia will require up to $9 trillion (US$6 trillion) of capital to be spent on energy, ...
Australia will need to triple the National Electricity Market’s power capacity by 2030 to be on track for net zero by 2050 – requiring a rapid rollout of wind and solar power, transmission, storage, electric vehicles, and heat pumps as we replace our coal fleet.
A net-zero Australia will require $7-9 trillion of capital to be spent on energy, industrial and export infrastructure...