Australian businesses, together with state and local governments, are setting net zero goals and the Australian Government has confirmed it is seeking to get to net zero preferably by 2050.
We know it will be essential to not just develop new technology to meet these goals, but to also address barriers to deployment of that technology.
Australian businesses need practical tools to remain globally competitive as an increasing number of trading partners and international supply chains decarbonise.
Achieving this will require the demonstration of technology at scale to drive wider adoption.
Developing and demonstrating effective, high abatement potential technology with industry and regional partners will equip Australia to reduce its emissions while capitalising on our many natural advantages to export technology, low carbon products, carbon offsets and help our trading partners to reduce global emissions.
We will provide Australian industry, agriculture and regional communities with the tools to achieve net zero emissions and realise the opportunities of a low carbon economy. The developing mission will focus on four areas to enable Net Zero Emissions goals of industry, governments and communities around Australia:
- Science-based frameworks for achieving Net Zero Emissions
- Standardised assessment techniques including digital carbon monitoring systems
- New high-abatement potential technologies for industry and agriculture
- Growth, high value jobs and transition pathways