There has been a range of reports just published on why Australia should accelerate transition and transformation to a clean economy and phase out Fossil Fuels. The Business Council of Australia On Sunday 10 October The Business Council Of Australia (BCA) released a report, reversing previous stance on a net zero target and upgraded 2030 interim emissions reduction targets.
Four days later a report by global services consultancy Accenture commissioned jointly by the Australian Conservation Foundation (ACF), WWF-Australia, ACTU and BCA was released - Sunshot: Australia’s opportunity to create 395,000 clean export jobs, charting a path for the country through the global transition to net-zero that delivers new jobs and replaces high carbon exports with clean export revenue.
These reports make it clear there are tremendous advantages in moving early with rapid ramp up of renewables, hydrogen, green steel, rare earth minerals, and services and training in the new energy economy. Thousands of jobs would be created, the great majority in regional areas allowing a transition of existing workforces with retraining in related or new skills. The benefits would flow to regional areas and the whole economy.
