Another Interesting Article in the Sydney Morning Herald.

If you want to read the whole article here it is - google it.

Australia’s fossil fuel giants set to take multibillion-dollar hit

By Nick Toscano
March 28, 2024


Here is the MOST important part of the Article: (at the end of the article)

Resources Minister Madeleine King said the latest forecasts outlined a positive outlook for resources and energy exports that would continue to support jobs, provide secure and reliable energy supplies to trade partners, and underpin Australia’s economic wellbeing.

She added that demand would likely remain particularly strong for commodities that would be increasingly needed as building blocks for low-emissions energy infrastructure – including lithium, copper, aluminium and iron ore – as the world targets net-zero emissions.

“The road to net-zero runs through Australia’s resources sector,” King said.
“Our resources and energy industries support more than 300,000 Australian jobs directly and indirectly, supporting regional communities and our national economy.

As she has stated before energy exports = Gas.