Report Says Australian Clean Tech Could Yield $215 Billion Profit

Battery technologies, in particular, are deemed the most promising sector for Australia’s economy and a significant contributor to decarbonisation efforts.

A Tesla EV is being recharged at a dealership in Perth, Western Australia, on March 16, 2024. Susan Mortimer/The Epoch Times

Australian manufacturing and cleantech investments could boost profits by $215 billion (US$142.2 billion) and support 53,000 new jobs by 2035, according to a report by Beyond Zero Emissions (BZE).

In the report, “Make it here: building Australia’s clean industrial future,” BZE calls for bold measures to leverage Australia’s natural resources and enhance innovation as the world intensifies efforts to achieve net zero emissions.