Opinion
Global climate action will reshape Australia’s trade
As countries cut emissions and demand for our key fossil fuel exports, we must make adroit shift and seize the big industrial opportunities of a post-carbon era.
Toby PhillipsContributorLast week at the National Press Club, the Prime Minister said Australia would “reach net zero emissions as soon as possible, and preferably by 2050”. Those final words are key, and represent a shifting tone more in line with our global partners. Just two weeks ago, US President Biden signed an executive order aiming for net-zero by mid-century. Before Christmas, it was Hong Kong. A couple of months before that, Japan and China.
They say a week is a long time in politics, but where will we be in a decade? What about three decades? National discussions about climate change rightly focus on the choices of Australian governments, businesses, and people. But just as important are the global forces shaping Australia’s place in the world.
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