Energy is the foundation of Australia’s economic prosperity. Yes, our second and third largest exports are coal and gas. But energy also underpins absolutely every sector in our economy.
To develop new export industries, as demand for our fossil fuels evaporates, we need to provide abundant and resilient energy. And we need it fast.
Australia again, is flush with the energy resources we need to power our new economy. We have the highest solar radiation per square metre of any continent and our wind resource is also hard to beat. We have an excess of critical energy materials including, in 2023, being the world’s leading lithium producer.
Energy abundance can power Australia’s future industry
Abundance of renewable energy can underpin a new wave of industry development. We can lean into our existing industrial strengths – mining and agriculture – and power them with renewables. And, with strategic investments, we can revitalise our manufacturing sector as well.
