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Cap Coast Today – 2nd November 2024

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Saturday, 2 November, 2024

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Fortescue’s worldleading Green Energy Manufacturing (GEM) Centre in Gladstone.

Central Queensland at net zero forefront Central Queensland has always been a place where things are made and exported to the world. Now as Australia moves towards a “net zero” economy, the region is undergoing an important transformation that is creating new industries, jobs and opportunities. Net zero means balancing the amount of harmful greenhouse gas emissions that go into and are removed from the atmosphere. The goal is to achieve net zero emissions by 2050 – which simply means we stop adding to the problem of global warming. As we reduce these greenhouse gas emissions, we are switching from coal fired power to renewable energy such as wind and solar power. This will generate new industries, reskill and train our people, and boost our economy. In Central Queensland, where an economy that has long powered the nation is diversifying to include industries of the future, 50 large-scale energy projects are bringing billions of dollars of investment. The transition to net zero industries from emissionsintensive ones will create new jobs in renewable energy, construction and manufacturing sectors. Exciting developments include The Central Queensland Hydrogen Project, which will create $17.2 billion in

hydrogen exports and more than 8000 jobs, and Fortescue’s Green Energy Manufacturing Centre in Gladstone, a world-leading facility manufacturing the electrolysers needed for the production of green hydrogen. Meanwhile, local business Alpha HPA is building Australia’s first processing facility for high-purity alumina, a critical mineral used in LED lighting, lithium-ion batteries and other high-tech applications. More than 300 jobs will be created in construction, with more than 120 permanent jobs upon completion. The Australian Government is working with regional communities to ensure they share in the many benefits of the economic transformation. The Net Zero Economy Agency will support the workers, regions and communities that have powered Australia for generations to understand the challenges and share in the benefits of the transition to net zero and prepare for the jobs for the future. Throughout the process, the Agency will work in partnership with communities, governments, regional bodies, unions, industry, investors, First Nations and other groups, listening to their concerns and helping them to participate in these exciting new economic opportunities.

To find out how Central Queensland is powering the energy transformation, visit futuremadeinaustralia.gov.au

How do we achieve net zero emissions? Some of the ways we are building a net zero economy include: Building new energy infrastructure like wind, solar and batteries Building new industries of the future, like hydrogen production for cleaner fuel Decarbonising existing industries like manufacturing, agriculture and mining Manufacturing renewable technologies like solar panels New research and commercialisation initiatives Training new and current workers Improving our cities by reducing waste and making buildings more energy efficient.

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