Australia’s fossil fuel exports are only behind Russia and Saudi Arabia by CO2 potential—larger than Iraq, Venezuela, or any member state of the European Union (EU), the think tank said in a new report.
Australia’s fossil fuel exports are higher than those from Indonesia, Canada, Iraq, United Arab Emirates, or Qatar
“Australia is the largest coal exporter in the world and on recent reports the largest LNG exporter too,” the Australia Institute said, analyzing data from the most recent estimates of the International Energy Agency (IEA) datasets for coal, oil and gas production, and exports from all countries.
According to the report, Australia is the world’s third biggest fossil fuel exporter with 7 percent of all fossil fuel exports. Within the Organisation for Economic Co-operation and Development (OECD) of developed nations, Australia is the largest fossil fuel exporter, with Australian fossil fuel exports making up 20 percent of the total.
Australia’s fossil fuel exports are higher than those from Indonesia, Canada, Iraq, United Arab Emirates, or Qatar, and nearly four times larger than those from Venezuela or Colombia, according to The Australia Institute.