Together, ACF, WWF-Australia, ACTU and BCA are today releasing Sunshot: Australia’s opportunity to create 395,000 clean export jobs, charting a path for the country through the global transition to net-zero that delivers new jobs.
The new analysis from Accenture shows that Australia could create 395,000 new jobs and generate $89 billion in new trade by 2040 through investment in clean energy exports.
Together, the coalition of unions, business and conservation groups identifies 5 specific actions for government to put Australia at the front of the pack:
- Coordinated investment in 7 clean export precincts – to link Australia’s low-cost renewable energy resources and regional workforces to clean exports at precincts around the country
- $10 billion co-investment in new industries – to directly support flagship projects and accelerate the scale-up of Australia’s clean export industries
- $5 billion fund for workers and regions delivered by a new energy transition authority with representatives from government, industry and unions to manage the disruption to regional economies and workers dependent on carbon-intensive industries
- Support for low-carbon materials in major infrastructure projects – to boost domestic demand, support new manufacturing capacity and lay foundations for export
- An interim target of 6 GW of hydrogen and 3 green metals plants by 2027 – an ambitious target to galvanise collaboration between governments, industry, unions and the research and education sector to grow Australia’s clean export industry.