CEOforLIFE

CONTACTS

No Result
View All Result
CEOforLIFE
Collective Meeting
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
CEOforLIFE
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
No Result
View All Result
CEOforLIFE
Home CEOs HUB Heidi Lee

New report: Green exports is Australia’s $333 billion opportunity

By 2050, green exports could grow to almost triple the value of existing fossil fuel exports

24 November 2021
Reading Time: 2 mins read
0 0
New report: Green exports is Australia’s $333 billion opportunity
0
SHARES
10
VIEWS
Share on LinkedinShare on Twitter

According to a new analysis, green exports represent a $333 billion opportunity for Australia. Green exports might almost quadruple the value of present fossil fuel exports by 2050. September 28, 2021
According to a recent analysis by Beyond Zero Emissions, Australia could develop a new green export mix worth $333 billion per year, nearly double the value of present fossil fuel exports.
The report, titled Export Powerhouse: Australia’s $333 billion Opportunity, demonstrates how new green export industries will meet surging demand for zero-carbon products like green steel, renewable hydrogen and ammonia, green aluminum, and critical minerals that will dominate global economic growth this century.

Heidi Lee, CEO of Beyond Zero Emissions, stated, “The world will decarbonize in the three decades running up to 2050.” Australia may choose to become a green export powerhouse and reindustrialize the country, or we can miss out by not acting now.” As our main trading partners implement their net-zero emissions obligations, fossil exports will fall. If we do not invest soon in these new green exports, other countries will seize early market share, and there will be an inadequate runway to build new export businesses in time to recover the country’s lost export income.

“Regional Australia will profit if Australia works quickly to obtain a market share in the global zero-carbon economy.” This generates high-quality industrial employment while creating the clean commodities required by the world to meet its climate commitments.” “There will be a tremendous demand for these green exports in the coming decades from businesses, industry, investors, and our important trading partners.” Australia is best poised to satisfy this need, as it has the renewables, raw materials, expertise, and ESG credentials.”

Investing in long-term downstream refining and processing facilities for important minerals would provide enormous value to Australia’s mining and industrial sectors. This market is already being developed through creative local ventures such as Alpha HPA in Gladstone, Queensland. “If Australia were to co-locate mining and processing facilities driven by low-cost renewables, it would give Alpha HPA goods with a significant edge in global ESG markets,” stated Rob Williamson, Alpha HPA’s Chief Operations Officer.

“Our team at Alpha HPA is thrilled to be playing a part in pushing Australia down the value chain, giving the nation sovereign competence and helping to ensure robust, low carbon supply chains for our trade partners while locking in economic and job development prospects.”

Key facts:

  • At the moment, fossil fuels in the form of thermal coal, metallurgical coal, crude oil, and LNG account for 39% of Australia’s total commodity exports.
  • However, Australia’s biggest trade partners’ climate commitments would cost the country $128 billion in annual exports unless we invest in alternatives.
  • According to recent analysis by Beyond Zero Emissions, Australia’s earnings from new green exports may reach $333 billion by 2050.
  • The research lays out three options for Australia: Go for Gold, Slow Starter, and Last in Line.

 

CEOforLIFE – We promote life. We support the SDGs.

 

Source: Beyond Zero Emissions Inc
Via: Beyond Zero Emissions Inc
Tags: SDGs17SDGs8SDGs9
Next Post
Asia-Pacific groups back Australia’s signing of Glasgow Breakthrough green steel initiative at COP26

Asia-Pacific groups back Australia’s signing of Glasgow Breakthrough green steel initiative at COP26

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

  • Bladeless Wind Turbines Could Be The Future Of Green Energy

    Bladeless Wind Turbines Could Be The Future Of Green Energy

    0 shares
    Share 0 Tweet 0
  • Class A biosolids and the future of biosolids management

    0 shares
    Share 0 Tweet 0
  • Ford aims for sustainable growth with the Catena-X and RSCI projects

    0 shares
    Share 0 Tweet 0
  • Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

    0 shares
    Share 0 Tweet 0
  • Dr. Tillmann Lang | CEO of Inyova | Switzerland -5 Essential Actions to Unlock ‘Sustainable Finance’​

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Bladeless Wind Turbines Could Be The Future Of Green Energy

Bladeless Wind Turbines Could Be The Future Of Green Energy

14 January 2022
Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

2 March 2022
Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

1 March 2022
UAE to play leading role in emerging Global Hydrogen Market

UAE to play leading role in emerging Global Hydrogen Market

9 November 2021
Wiggling Wind Power

Wiggling Wind Power

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

What is a “carbon border adjustment mechanism”?

What is a “carbon border adjustment mechanism”?

Class A biosolids and the future of biosolids management

Class A biosolids and the future of biosolids management

This Climate Positive City Will Produce More Energy and Food Than It Consumes

This Climate Positive City Will Produce More Energy and Food Than It Consumes

13 May 2022
How Arab fashion is embracing the sustainability bandwagon

How Arab fashion is embracing the sustainability bandwagon

12 May 2022
With a carbon net-negative goal, Bain expands its sustainability mission

With a carbon net-negative goal, Bain expands its sustainability mission

11 May 2022
Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

10 May 2022

EDITORIAL BOARD

  • About us
  • Join
  • The Magazine

CATEGORIES

  • SDGs
  • CEOforLIFE AWARDS
  • NOMINATION
  • JOIN
Read the magazine
No Result
View All Result
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN

© 2021 CEOforLIFE AWARDS

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.