Despite big advances on green energy, global carbon tariffs will punish Australia if it persists with fossil fuels. Modelling shows NSW would lose about 20,000 jobs and $5 billion in gross state product, and Queensland more than 50,000 jobs and $10 billion.
source https://www.smh.com.au/environment/climate-change/nsw-hydrogen-joins-unstoppable-energy-revolution-yet-tariffs-pose-big-threat-while-we-lump-coal-20211013-p58zoy.html?ref=rss&utm_medium=rss&utm_source=rss_feed
source https://www.smh.com.au/environment/climate-change/nsw-hydrogen-joins-unstoppable-energy-revolution-yet-tariffs-pose-big-threat-while-we-lump-coal-20211013-p58zoy.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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