Australian Renewable Energy Investment Soared in 2024, but Still Not Enough to Meet Climate Targets « Carbon Pulse

Clean energy to ignite $36 billion construction boom from 2026

A new report predicts that electricity will become the country's largest infrastructure investment sector from 2026, driven by a boom in renewable energy construction, with solar construction projected to also peak around $5.7 billion in 2027/28.A new report by Sydney-based construction sector forecast service Macromonitor has predicted electricity will be Australia’s largest infrastructure investment sector from 2026, driven by a boom in renewa…

Australian renewable energy investment soared in 2024, but still not enough to meet climate targets « Carbon Pulse

Clean energy investment in Australia in 2024 rose to A$9 billion ($5.7 bln), up 500% year-on-year thanks to renewable policy certainty, according to a report published Thursday.

How renewable energy is transforming Australia's export economy

Australia’s economic success has long ridden on the back of its resource exports. For decades, coal, natural gas, and iron ore have kept the trade balance in surplus, bolstered government budgets, and underpinned regional employment. But with global markets shifting rapidly toward decarbonisation, the fossil fuel-driven model is beginning to fray. As international partners implement stricter climate targets and carbon tariffs loom, the nation’s …