Why are we transitioning away from a carbonised economy?

Historically, Queensland has relied on carbon-based industries, such as coal mining and coal-fired power stations as a source of electricity generation, employment and trade. Queensland’s economy is now shifting to diversify our energy mix and meet the challenges presented by climate related impacts.

Decarbonisation is a global economic force and capturing the associated opportunities presents a new wave of economic growth for the state. Queensland’s expertise in mining, and rich, natural resources which are essential to developing a global low-emissions economy, have driven considerable investment interest. Increased global demand for critical minerals, hydrogen exports and biofuels production can be leveraged to grow regional economies.