{"title":"Can Australia be a Renewable Energy Superpower?","authors":"Ingrid Burfurd","doi":"10.1111/1467-8462.12582","DOIUrl":null,"url":null,"abstract":"<p>Current trade patterns reflect the low cost of transporting carbon-intensive fossil fuels. But renewable energy is expensive to transport. In a world moving to net-zero emissions, Australia can capitalise on its abundant renewable energy resource to process and export green minerals and fuels. With the right policy settings, Australia could not only meet its own international commitments to reach net-zero carbon emissions by 2050, but it could make a significant contribution to the global reduction in emissions, and prosper in the process.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"57 4","pages":"401-412"},"PeriodicalIF":1.0000,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12582","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australian Economic Review","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1467-8462.12582","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
Current trade patterns reflect the low cost of transporting carbon-intensive fossil fuels. But renewable energy is expensive to transport. In a world moving to net-zero emissions, Australia can capitalise on its abundant renewable energy resource to process and export green minerals and fuels. With the right policy settings, Australia could not only meet its own international commitments to reach net-zero carbon emissions by 2050, but it could make a significant contribution to the global reduction in emissions, and prosper in the process.
期刊介绍：
An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.
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