Zero: Australia’s Natural Riches Will Shape the World
Zero
Australia’s Natural Riches Will Shape the World
Australia is in a unique place when it comes to the energy transition. It is the world’s largest exporter of coal and a leading exporter of gas, yet has set a target to reduce emissions by 43% and have 82% renewable electricity by 2030. It is also caught juggling relations between the US, its military ally, and China, its biggest trading partner — as the two superpowers fight over trade. It is an unenviable challenge for Prime Minister Anthony Albanese, who has just been voted back into the office with an impressive new majority, and also wants Australia to host the COP31 climate summit in 2026. This week, David Stringer, Bloomberg Green's managing editor in Asia, joins Zero to unpick Albanese’s packed agenda, and what his re-election means for Australia’s climate ambitions.
May 07, 2025