Some WEF boffins are making no sense.
- Australia could double its iron export revenues to AUD250 billion ($162 billion) a year by shifting to low-emissions green iron.
- The country must accelerate two or more commercial-scale green iron ‘lighthouse’ projects by 2027 to secure first-mover advantage.
- A shift to green iron could help Australia cut up to 4% of global emissions and anchor Asia’s low-carbon industrial transition.
This is logical except for one small detail: China.
