The logic is simple. Australia has world class wind and solar resources, and an abundance of minerals and land needed in the transition to renewables
The world is moving to a zero emissions economy – albeit at an uncertain speed – and we can have the lowest-cost zero emissions electricity available for large scale economic development in the world.Renewable energy
Australia covers about 5% of the Earth’s land surface; supplying about 8% of the world’s renewable energy is no stretch given our abundant solar, wind and land resources. Australia can have more employment and higher incomes in the relatively short term, and be much richer in the longer term, by moving early and decisively in building and expanding the zero emissions economy.
Third, using green hydrogen to make ammonia, which can be used for the production of nitrogenous fertilisers and explosives for Australia’s agriculture and mining industries, as well as for export.
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