Green energy statecraft and Australia’s clean industry future

By Elizabeth Thurbon and Oliver Yates.

As global supply chains pivot towards low-emissions production, Australia will need to lead, or risk being left behind. The country’s challenge is not a lack of technology, capital, or ambition. It’s a gap in policy architecture. Without bankable demand, Australia’s most promising clean commodity projects – green iron, sustainable aviation fuel, and clean ammonia – remain stuck at the starting line.

To meet that challenge, we propose a new demand-side policy model: the Clean Commodities Trading Initiative (CCTI) – a flagship example of green energy statecraft. At its heart is a new tool for national transformation: Clean Commodity Credits that reward innovation and emissions savings.

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