Oz: Green Energy Superpower?

The hydrocarbon era is waning but if Australia monetizes renewables it may even grow in power

James Bowen writes that Australia is ideally situated to be the region’s hydrogen export superpower.

Seizing the opportunity could help deliver economic returns similar to those generated by fossil fuel energies including coal and natural gas over several decades.

It could also help maintain associated diplomatic relationships with key customers as they seek to remove carbon-intensive commodities from their economies to satisfy net zero emissions goals.

Ideally situated to be the region’s hydrogen export superpower.

It is strategically fortunate that the emerging centres of Indo-Pacific hydrogen demand are Japan and Korea, whose close engagement is also vital to Australia’s broader foreign policy goals.

Read more on the Lowy Institute’s The Interpreter.