By standing with China, Brazil and Russia at COP26, the country failed to support the global progress critical to its future as a low-carbon superpower.
Australian renewable energy, land and human resources make it naturally the superpower of the zero emissions world economy.
Grasp the superpower opportunity, and Australia can enjoy a period of exceptional economic expansion after being at the bottom of the developed country league table for average growth in output and incomes per person over the past nine years.
Ross GarnautContributorRoss Garnaut is emeritus professor of economics at University of Melbourne. His new book Let’s Tax Carbon and Other Ideas for a Better Australia is published by Black Inc with La Trobe University Press.
