Industry plan to power Qld economy towards net zero
Queensland aims to supercharge six new industries under a strategy to boost renewable energy and reach net-zero emissions.
Deputy Premier Steven Miles announced the Queensland New Industry Development Strategy which seeks to tap into manufacturing, shift the state closer to its decarbonising its economy and increase regional jobs and opportunities.
Key target areas include renewable energy manufacturing and infrastructure, critical minerals processing, manufacturing and product development, and battery industry development.
The strategy will also focus on green hydrogen, the circular economy and the bio-economy including biofuels and sustainable aviation fuel.
Mr Miles told a climate and energy forum in Brisbane on Friday that Queensland had long exploited underground resources, and it was time to do the same with assets above the ground.
"Our plan for the future is to continue to use our natural assets, but now our natural assets above ground to deliver that economic prosperity for future generations," he said.
"Our world-class solar and wind resources, our geography perfect for pumped hydro is what will make sure that our children have same access to energy-reliant jobs as we did, and our parents did.
"Renewables can create new jobs that we've had before, and unlock a new era of economic growth."
Queensland has committed to renewable energy targets of 70 per cent by 2032 and net zero by 2050.
Currently, only 20 per cent of the state's electricity is powered by renewables.