With around 99% of Australia’s trade by volume carried by sea, the global transition to lower-emission shipping could have significant implications for the country’s economy.
This insight brief, 'Why maritime decarbonisation matters for Australia', explores how Australia can position itself to capture the economic opportunities emerging from maritime decarbonisation, from strengthening export competitiveness and industrial capability to improving energy security, productivity, and economic resilience.
The brief examines the challenges and opportunities for Australia as shipping moves towards lower-emission fuels and technologies, and considers how maritime decarbonisation can support the country’s broader economic interests.