A $2 fix for Australia’s jet fuel security and its strategic future
By Oliver Yates and Elizabeth Thurbon.
The Middle East conflict has brought energy security risks back into sharp focus. Governments are scrambling to secure fuel supplies; households are facing higher prices and uncertainty.
Much of the attention has focused on petrol and diesel, but Australia is just as exposed in its aviation sector.
Fixing that vulnerability would open industry building opportunities and close significant security gaps – all at a cost of less than $2 a passenger.
Australia uses about 8-8.5 billion litres of aviation fuel each year and imports most of it, leaving it among the most import-dependent advanced economies.
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