The RSP provides the foundation for the Australian resources sector to make a significant ongoing contribution to reducing the nation’s emissions and assisting the domestic, as well as the global supply chain transition to net zero.
Resources decarbonisation will be an ongoing process driven by implementation of emissions reduction and carbon management technologies combined with a structural shift in the type of commodities the world demands. While there is uncertainty in the projected rate of change, there is no doubt on its direction – a low‑emissions Australian resources sector supporting net zero globally.
Alongside Australia’s Nationally Determined Contributions under the Paris Agreement, with the target of 62–70% reductions by 2035 being the latest, this plan will undergo periodic review to ensure its settings continue to support a credible and coordinated pathway to net zero. While emissions reduction targets have been in place for some time, we are now approaching our first legislated milestone on the path to net zero. Coordinated work between governments, industry, workers and regional communities will be essential to support the sector through this transformation.
The journey to net zero will require sustained effort, innovation and partnership to remain a source of strength and opportunity to deliver for industry, investors, communities, workers and trading partners in a decarbonising world.