The Joint Standing Committee on Trade and Investment Growth has released its report on Australia's transition to a green energy superpower, which examined how Australia can build on its strengths and opportunities to become a leading destination for trade and investment in the future global green economy.

Media release issue date: Wednesday, 11 October 2023

The Joint Standing Committee on Trade and Investment Growth has released its report on Australia's transition to a green energy superpower, which examined how Australia can build on its strengths and opportunities to become a leading destination for trade and investment in the future global green economy. The Chair of the Committee, Mr Steve Georganas MP, said: ‘Throughout the inquiry the Committee heard about the vast range of current and emerging opportunities for Australia, capitalising on our unique strengths and comparative advantages to develop new export-led industries, driving economic growth and creating jobs.’ ‘Australia is well-placed to benefit from the global green energy transition and is well on its way to becoming a green energy superpower. The 16 recommendations made by the Committee in this report aim to ensure that we are doing everything possible to strengthen the transition and to maximise Australia’s potential in the global green economy.’ Recommendations made by the Committee focussed on the role for the Australian Government to accelerate Australia’s opportunities and address challenges, including: Leveraging Australia’s existing trade and investment architecture to maximise opportunities in the global green economy; Supporting value-added manufacturing and export opportunities; Developing a national green energy superpower strategy; Aligning trade and investment promotion and awareness building functions with Australia’s green energy superpower ambitions; and Enhancing sovereign manufacturing capability in industries subject to supply chain constraints. Over the course of the inquiry, the Committee held ten public hearings in Canberra, Perth, Melbourne, Sydney, Brisbane and Gladstone, in addition to receiving over 120 written submissions from individuals, organisations and government bodies. The Committee would like to thank all those who took part in the inquiry by providing written submissions, giving evidence at public hearings or hosting the Committee for site visits. The full report can be found on the Committee’s inquiry webpage. Media inquiries Office of Mr Steve Georganas MP Chair of the Joint Standing Committee on Trade and Investment Growth 0437 387 378 Steve.Georganas.MP@aph.gov.au For background information Joint Standing Committee on Trade and Investment Growth 02 6277 2233 jsctig@aph.gov.au

A federal parliamentary inquiry is focusing on identifying challenges and opportunities for Australia to capitalise on our abundant natural resources to drive economic growth, create new industries and jobs and become a green energy superpower.

Media release issue date: Thursday, 16 March 2023

A federal parliamentary inquiry is focusing on identifying challenges and opportunities for Australia to capitalise on our abundant natural resources to drive economic growth, create new industries and jobs and become a green energy superpower. The Joint Standing Committee on Trade and Investment Growth will hold a public hearing in Perth on Friday, 17 March 2023 for its inquiry into Australia's transition to a green energy superpower. The committee will hear from the Western Australian Government and Fortescue Future Industries, among others. This builds on the hearings previously held with the Department of Foreign Affairs and Trade, AusTrade and Export Finance Australia. Committee Chair, Mr Steve Georganas MP said “Australia is well on its way to becoming a green energy superpower, and I hope this inquiry will be a valuable opportunity to ensure we are doing everything possible to strive further towards a green energy future. The committee is excited to hear about the Western Australian perspective this Friday. The Committee has received a high number of quality submissions to the inquiry and is looking forward to hearing from Australian governments, businesses, and other interested parties from across the community about where trade and investment activities are already having a positive impact; emerging and possible future trends, areas of growth, and how can these be accelerated.” The inquiry will have particular regard to areas that play to Australia's strengths, including: renewable energy, battery storage, energy supply and infrastructure, the electric vehicle industry, infrastructure; advanced manufacturing, and services and technology. Public hearing details Friday 17 March 2023, 9am to 12pm Committee Room 1, Ground Floor, Legislative Council Committee Office of WA, 18–32 Parliament Place, West Perth The Committee intends to hold more public hearings in due course. Further information about the inquiry, including published submissions and hearing transcripts, are available on the inquiry webpage.   Media inquiries Office of Mr Steve Georganas MP 0437 387 378 Steve.Georganas.MP@aph.gov.au For background information Joint Standing Committee on Trade and Investment Growth 02 6277 2233 jsctig@aph.gov.au

Identifying challenges and opportunities for Australia to capitalise on our abundant natural resources to drive economic growth, create new industries and jobs and become a renewable energy superpower will be the focus of a parliamentary Committee.

Media release issue date: Tuesday, 18 October 2022

Identifying challenges and opportunities for Australia to capitalise on our abundant natural resources to drive economic growth, create new industries and jobs and become a renewable energy superpower will be the focus of a parliamentary Committee. The Joint Standing Committee on Trade and Investment Growth has launched the inquiry into Australia's transition to a green energy superpower. Committee Chair, Mr Steve Georganas MP said “Australia is well on its way to becoming a renewable energy superpower, and I hope this inquiry will be a valuable opportunity to ensure we are doing everything possible to strive further towards a green energy future. The Committee wants to hear from Australian governments, businesses, and other interested parties from across the community about where trade and investment activities are already having a positive impact; emerging and possible future trends, areas of growth, and how can these be accelerated.” The Committee is seeking submissions from interested individuals, businesses and organisations on the inquiry’s terms of reference by Wednesday, 30 November 2022. The Committee will have particular regard to areas that play to Australia's strengths, including: renewable energy, battery storage, energy supply and infrastructure, electric vehicle industry, infrastructure; advanced manufacturing, and services and technology. Further information about the inquiry, including published submissions and hearing transcripts, will be available on the inquiry webpage.   Media inquiries Office of Mr Steve Georganas MP 0437 387 378 Steve.Georganas.MP@aph.gov.au For background information Joint Standing Committee on Trade and Investment Growth 02 6277 2233 jsctig@aph.gov.au