Reframing the Australia–Japan energy relationship

Key findings 4

Executive summary 5

Introduction 7

Australian fossil fuel exports: A looming decline 9

Climate impacts 9

Economic decline 10

Political necessity 11

Diplomatic pressure 11

Renewable energy superpower opportunity 12

Why Japan must pivot from fossil fuel dependence 13

Japan’s LNG strategy 13

Energy security 14

Climate impacts 15

Emissions targets 15

Economic risks and opportunities 17

A new Australia–Japan green export partnership 18

Green iron 18

Green fuels 22

Broader cooperation 23

How to make it happen 24

Shared vision 25

Joint learning and planning 26

Joint implementation and co-investment 26

Conclusion 28

Acknowledgements 29

Notes 29