Australia’s transition to Net Zero requires credible and durable policy frameworks for investment in critical infrastructure. The Safeguard Mechanism, which reduces regulatory uncertainty and signals progressively tightening emissions baselines, can help encourage investment in industrial decarbonisation. Its effectiveness, however, depends on addressing offset integrity, electricity affordability and commercial readiness of low-emissions technologies.

Prioritising renewable energy is a strategic foundation for a stronger, more adaptable, and future-ready energy market that can thrive for decades to come. A diverse suite of policies is essential to support Australia’s transition toward a more reliable, affordable and lower emissions energy system.

Australia has an opportunity to capitalise on its natural advantages and political shifts to accelerate its Net Zero transition. Attracting investment and the best global talent – while providing regulatory and market certainty through a carbon price – are critical policy levers.