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Australia’s green energy potential could boost its geopolitical significance
Fossil fuels are a significant part of the Australian economy, but the country is now taking big strides toward renewable solutions. It also has the capacity to become a crucial exporter of green energy and the materials needed to produce it. Its growing spat with China is a double-edged sword in this regard, hurting its carbon-based economy now but potentially making it even a stronger player in the future energy transition.