What will it take to decarbonise hard-to-abate industries – and how will doing so bolster Australia’s engineering workforce?
It’s the topic on the mind of many engineers right now. But decarbonising the country presents more than simply a series of challenges.
There is also the opportunity to transform the country’s economy and workforce, particularly in the hardest-to-abate sectors such as mining and agriculture.
It will take some fairly significant investments, however, with the energy sector alone expected to need $2.85 trillion in investment up to 2050 to decarbonise.
Below, create explores how much decarbonisation will cost the country, how fast it must occur to meet targets, and how it could foster a jobs boom as a result.
Engineers Australia is currently conducting further research into the transferrable skills required to build the clean energy workforce and will release those findings in September.
Featuring infographic design by Caryn Iseman.