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Supporting Australian industry to realise the opportunities of a decarbonised global economy

Australian industry comes together to accelerate action towards achieving net zero emissions in supply chains by mid century across critical sectors of the Australian economy.

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The Australian Industry Energy Transitions Initiative has brought together leaders from industry and business to coordinate learning and action on net zero emissions supply chains. Australian Industry ETI has sought interest from across the network of Australia’s emissions-intensive industry and related business.

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About

The Australian Industry Energy Transition Initiative has supported Australian industry to develop pathways and take action towards net zero emissions across critical supply chains of the Australian economy.

Supply chains:

– Steel
– Aluminium
– Liquified natural gas
– Selected metals
(such as copper, nickel, lithium)
– Chemicals
(especially fertilisers & explosives)

These ‘hard-to-abate’ sectors form part of a broader energy system that must be rapidly transformed if planetary warming is to remain below 1.5°C or even 2°C in line with the Paris Agreement.

As momentum builds to decarbonise global energy systems, there are emerging opportunities for Australian industry that have been explored through the initiative. In addition to considering opportunities across the Australian economy, the initiative has had a regional orientation to Western Australia.

The Australian Industry ETI has focused on creating a platform for industry learning and experimentation in pursuit of net zero emissions in these hard-to-abate sectors and the supply chains linking them to the global economy.

Independent, not-for-profit bodies Climateworks Centre and Climate-KIC Australia have convened the Australian Industry ETI, working in collaboration with the Energy Transitions Commission. The initiative has been chaired by Simon McKeon AO Chancellor of Monash University, former CSIRO Chairman and public company director. This Project received funding from ARENA as part of ARENA’s Advancing Renewables Program.

Latest Publications

Publication

Media Release – Heavy industry in Australia could decarbonise, help limit warming to 1.5 degrees and create up to 1.35 million jobs: new report outlines pathways

20 February 2023