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It’s two years since we were told ‘the age of fossil fuels will end’. When will Australia get prepared for what’s coming? (www.theguardian.com)

submitted 1 month ago by hanrahan@piefed.social to c/environment@aussie.zone

3 comments fedilink hide all child comments

A recent report by Oil Change International found Australia led the world in expanding its oil and gas industries between 2015 and 2024, increasing production by 77%.

On coal, Australia is shipping more of the thermal stuff than it was a decade ago. And the Albanese government has approved at least 32 fossil fuel developments and expansions since its election in 2022, overwhelmingly for export

#Vote Green

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[–] Insekticus@aussie.zone 3 points 1 month ago

Greens may not be perfect, but it's better than a two-party system of sycophants loyal to the elites, money, and corruption.

[–] lurch@sh.itjust.works 3 points 1 month ago

two years? more like 25

[–] Eyekaytee@aussie.zone 2 points 1 month ago

overwhelmingly for export

If it said overwhelmingly for import then I'd be concerned

after nearly 200 countries agreed that the world should transition away from use of coal, oil and gas

So what's the problem then?

While the value of fossil fuel exports is predicted to crash, export values for commodities needed as the world decarbonises – including green ammonia, green iron, alumina, aluminium and critical minerals like lithium, nickel and cobalt – are expected to boom.

The export value of these “green commodities” in the modelling climbed from about $30bn today to at least $80bn in 2035 and between $109bn and $178bn in 2050.

https://www.theguardian.com/business/2025/sep/20/australias-fossil-fuel-earnings-set-to-fall-by-50bn-a-year-by-2035