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Zero: The Climate Race

How Australia’s natural resources will shape global emissions

08 May 2025

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Australia is in a unique place when it comes to the energy transition. It is the world’s largest exporter of coal and a leading exporter of gas, yet has set a target to reduce emissions by 43% and have 82% renewable electricity by 2030. It is also caught  juggling relations between the US, its military ally, and China, its biggest trading partner — as the two superpowers fight over trade. It is an unenviable challenge for Prime Minister Anthony Albanese, who has just been voted back into the office with an impressive new majority and also wants Australia to host the COP31 climate summit in 2026. This week, David Stringer, Bloomberg Green's managing editor in Asia, joins Zero to unpack Albanese’s full agenda and what his re-election means for Australia’s climate ambitions. Explore further: Australian PM’s Next Campaign Is to Secure COP31 Climate Talks - Bloomberg China Slowdown Has Australia’s Economy Under Pressure, Chalmers Says - Bloomberg Trump Backlash Helps Australia’s Leader to Historic Re-Election - Bloomberg  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Jessica Beck, Sommer Saadi, Mohsis Andam and Siobhan Wagner. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

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