November 2014
Australia is at risk of its economy being left behind, our prosperity being a relic of the past – fossilised – as the rest of the world moves to a cleaner future. Fossil Economy explores how Australia will need to decouple from emissions-intensive exports to secure a very possible, stable and prosperous economy in the future.
Fossil Economy investigates the expected revenue from Australia’s emissions-intensive exports, comparing Australian Government projections with projections from the International Energy Agency. It shows emissions-intensive export revenue will fall short by $100 billion per year by 2030 due to emission reduction efforts by Australia’s trade partners. Australia must prepare for the global shift to clean energy - and offer its potential in one of the greatest-ever commercial opportunities.
Fossil Economy investigates the expected revenue from Australia’s emissions-intensive exports, comparing Australian Government projections with projections from the International Energy Agency. It shows emissions-intensive export revenue will fall short by $100 billion per year by 2030 due to emission reduction efforts by Australia’s trade partners. Australia must prepare for the global shift to clean energy - and offer its potential in one of the greatest-ever commercial opportunities.