Countries with a high reliance on fossil fuels, such as Australia, face the most significant transition journey. Our industry and export composition requires a significant transformation effort compared to most other developed nations. Australia’s current political enabling environment is now well-placed to aid in this transition, however, it would benefit from a carbon pricing system and emissions trading system. Recent government pledges are substantial and much needed to assist with the process, however the extent to which less prominent places in regional Australia will be supported is not yet clear.

This report is one of four prepared by the Regional Australia Institute in 2023/24, looking into issues affecting regions as Australia moves towards net zero emissions by 2050.

The report sets out potential pathways for communities and businesses in regional Australia by exploring Australia’s position in the global context; examining the role of regional cities; and highlighting the elements of success in communities that are leading the way.