Regardless of claims from politicians that Australia’s contribution to international carbon emissions is just not that large, the nation ranks third on the planet by way of fossil gas exports by carbon dioxide (CO2) potential, the Australia Institute suppose tank said on Monday.
Australia’s fossil gas exports are solely behind Russia and Saudi Arabia by CO2 potential—bigger than Iraq, Venezuela, or any member state of the European Union (EU), the suppose tank mentioned in a new report.
“Australia is the biggest coal exporter on the planet and on current reviews the biggest LNG exporter too,” the Australia Institute mentioned, analyzing information from the newest estimates of the Worldwide Power Company (IEA) datasets for coal, oil and fuel manufacturing, and exports from all nations.
In response to the report, Australia is the world’s third largest fossil gas exporter with 7 p.c of all fossil gas exports. Throughout the Organisation for Financial Co-operation and Improvement (OECD) of developed nations, Australia is the biggest fossil gas exporter, with Australian fossil…