The administration of Prime Minister Anthony Albanese claims that the action is necessary to facilitate the shift to net zero energy while bolstering the domestic energy supply.
The International Energy Agency (IEA) has called for “huge declines in the use of coal, oil, and gas” in order to meet climate targets, which critics claim represents a rejection of science.
One of the biggest exporters of liquefied natural gas worldwide, Australia, has added that the policy is predicated on “its commitment to being a reliable trading partner.”.
The strategy, which was made public on Thursday, details how the government intends to collaborate with business and state officials.