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We are now in the final fortnights of the election campaign. Commentators have noted that climate has been Almost invisible. Despite the IPCC’s April report calling for Urgent actionTo prevent catastrophic climate change.
What would a positive vision of Australia as a climate leader look?
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Are we heading towards a scorched dystopia? Or a liveable planet. Here’s where the climate policies of our political hopefuls will take us
Fast-forward 8 years
Imagine it’s 2030. Australia is a renewable energy superpower helping meet Southeast Asia’s energy needs. It exports Cable transmission of renewable energyFrom northern Australia and ships green hydrogenFirst from Queensland and Tasmania, then all over the country.
It is a significant exporter green commoditiesThis green steel is made from renewable energy. Renewable technology requires critical mineralssolar panels and electric vehicles. It works closely together with the region to assess climate risk and prepare for disasters.
Seem fanciful? Not necessarily.
Southeast Asia’s needs
Southeast Asian countries are highly exposed to the effects of climate change, with ASEAN rating Southeast Asia as one of the world’s most at-risk regions. Southeast Asia is already seeing an increase in extreme weather events like flash floods, forest fires and even cyclones. Economic, environmental, and social damageThey are the cause.
AP/AAP
In Climate disasters are overAustralia should not get caught up in a response-only loop. As one of the Primary security threatsWe know that climate change is a major concern in this century. challenge for Australia’s strategic and foreign policy. It is also a chance.
Southeast Asian countries will continue to look for green commodities, renewable energy, and critical minerals. Infrastructure and technologies that are relatedWith countries such as Laos, Vietnam, Cambodia, and Vietnam all putting in place, national green growth plans.
Australia’s resources
Australia should be able to facilitate this. It is a competitive advantage because of its renewable energy resources.
One provider Sun Cable, estimates its undersea cable from Darwin could provide up to 15% of Singapore’s electricity supply.
Australia’s natural endowment of nickel, copper, lithium and cobalt are critical to the development of solar panels and electric vehicles (which in turn can lead to Creation of jobsin raw materials, technological advancement and service delivery
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Southeast Asian countries are looking to partner in their energy transition. Not only within ASEAN, they are also open to other countries. Australia’s recent green economy agreements with Singapore, Indonesia VietnamThis is evident. However, there are other countries that could also benefit from this market. For example: Major players in hydrogenThese include Japan, Korea and China.
There are many obstacles to overcome
Australia must overcome inconsistency and ambivalence around climate and energy policy to achieve this. This has led to uncertainty for energy market operators meaning they can’t plan and commit to major projects.
There are political calculations and vested interests in many Southeast Asian countries that can create barriers. For example, there are strong political incentives. Subvention fossil fuelsSome countries require that these be managed. Indonesia didIt ended petrol subsidies
To help people transition from fossil fuel, it may be necessary to find ways to allow those who are currently able to benefit from renewable energy.
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The government keeps forgetting that climate change is a security risk. We’ll be empty handed at yet another global summit
A window of opportunity
Australia has the opportunity to be active in encouraging Southeast Asian countries towards sustainable infrastructure and renewable energies.
Australia could use Mixed financeTo support investment, development finance attracts private capital. For example, blended finance into Indonesia’s emerging car battery industry could help it become a global electric vehicle manufacturing hub, both securing a critical tech supply chain and expanding export markets for Australian lithium.
Government has a role in compiling and promoting up-to-date assessments of regional needs and Australia’s opportunity to supply these, including in critical minerals, green steel, green aluminium and hydrogen. The volume of Australian renewable exports will rise as more industry is aware.
Narong Sangnak/EPA/AAP
Australia should also collaborate with regional bodies regarding related policy issues, such as Standards, certification, and regulationTogether with the Southeast Asian governments Policy creation and regulation. Australian expertise in energy market design can be shared to help develop an ASEAN electricity market.
The opportunities exist for Australia to be a significant partnership to achieve the global goal to net zero by 2050 for Southeast Asia. This region will be a litmus-test for the rest of world.
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How will Australia respond to Asia’s rising climate change crisis?
