Why Australia could be as successful in green commodities as in fossil fuels | The Business [Video]

A new report by the Superpower Institute says Australia could reduce global emissions by 10 per cent through exporting green energy-intensive commodities to countries such as China, India, Japan, South Korea and Germany. The institute says the ‘superpower exports’ could represent around $700 billion in revenue. Superpower Institute chair, Rod Sims, says Australia wouldn’t be far away from being able to produce the energy-intensive commodities such as green iron or aluminium at large export scale if the government supported innovation and production to same levels that it did for fossil fuel production, for example at around five per cent of GDP.
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