Unlocking Asia-Pacific as a First Mover 2025

Page 55 of 60 · WEF_Unlocking_Asia-Pacific_as_a_First_Mover_2025.pdf

56. Sources: – Cargo Owners for Zero Emission Vessels. (2021). Leading Cargo Owners Stand Together for Maritime Decarbonization: Our Shared Ambition and Call for Policy Action. https://www.shipzemba.org/wp-content/ uploads/2024/11/050124_Ambition-Statement_4C5.pdf. – Zero Emission Maritime Buyers Alliance (ZEMBA). [Home page]. https://www.shipzemba.org/about/. – Boyland, J. (2024). Aggregating demand for zero-emission shipping fuels: Pathways for action. Global Maritime Forum. https://globalmaritimeforum.org/insight/aggregating-demand-for-zero-emission-shipping-fuels-pathways-for- action/. 57. Climate Change Authority, Australian Government. (2024). 2024 Sector Pathways Review: Transport. https://www. climatechangeauthority.gov.au/sites/default/files/documents/2024-09/2024SectorPathwaysReviewTransport.pdf. 58. Australian Trucking Association (ATA). (2024). Consultation – Low Carbon Liquid Fuels – a Future Made in Australia: Unlocking Australia’s Low Carbon Liquid Fuel Opportunity, Australian Trucking Association and Truck Industry Council Submission 25 July 2024. https://www.infrastructure.gov.au/sites/default/files/documents/lclf2024-australian-trucking- association-truck-industry-council.pdf. 59. Sources: – Bus Industry Confederation. (2024). Bus Industry Policy Position Paper: Driving Towards Zero-Emissions. https://bic. asn.au/wp-content/uploads/BIC-Industry-Policy-Position-Paper_Driving-Towards-Zero-Emissions_June-2024.pdf. – Department of Climate Change, Energy, The Environment and Water, Australian Government. (2025). Australian electricity generation. https://www.energy.gov.au/energy-data/australian-energy-statistics/data-charts/australian- electricity-generation. 60. Readfearn, G. (2024). Andrew Forrest says net zero is ‘fantasy’ so his goal is ‘real zero’. What does he mean – and can he achieve it? The Guardian. https://www.theguardian.com/environment/2024/oct/09/andrew-forrest-says-net-zero-is- fantasy-so-his-goal-is-real-zero-what-does-he-mean-and-can-he-achieve-it. 61. Sources: – Liebherr. (2024, 24 September). Liebherr and Fortescue announce significant expansion of zero emission equipment partnership at MINExpo 2024 [Press release]. https://www.liebherr.com/en-gb/n/liebherr-and-fortescue-announce- significant-expansion-of-zero-emission-equipment-partnership-at-minexpo-2024-90602-4715716. – International Mining. (2025). Fortescue signs decarb-focused agreements as it rejigs battery-electric truck build plans. https://im-mining.com/2025/09/26/fortescue-signs-decarb-focused-agreements-as-it-rejigs-battery-electric-truck-build- plans/. 62. Wood, T. et al. (2023). Safeguard reforms: managing the risks. Grattan Institute. https://grattan.edu.au/wp-content/ uploads/2023/02/Safeguard-Mechanism-2023.pdf. 63. Campbell, R. et al. (2024). Fossil fuel subsidies in Australia 2024: Federal and state government assistance to major producers and users of fossil fuels in 2023-24. The Australia Institute. https://australiainstitute.org.au/wp-content/ uploads/2024/05/P1543-Fossil-fuel-subsidies-2024-FINAL-WEB.pdf. 64. Melo Gomes, D. et al. (2025). A review of advanced techniques in hydrotreated vegetable oils production and life cycle analysis. Biomass and Bioenergy, Vol. 194, ScienceDirect. https://www.sciencedirect.com/science/article/abs/pii/ S096195342500100X. 65. BHP . BHP trials renewable fuel at Yandi. https://www.bhp.com/news/media-centre/releases/2023/02/bhp-trials- renewable-fuel-at-yandi. 66. Rio Tinto. (2025, 26 February). Rio Tinto conducts first renewable diesel trial across Pilbara iron ore operations [Press release]. https://www.riotinto.com/en/news/releases/2025/rio-tinto-conducts-renewable-diesel-trial-across-pilbara. 67. Calculated from the following sources: – Government of Western Australia. (2024). WESTERN AUSTRALIA IRON ORE PROFILE – May 2024. https://www.watc.wa.gov.au/media/wxehzmmd/wa-iron-ore-profile-may-2024.pdf. – Canadian National Railway Company (CN). (2025). CN’s Carbon Calculator Emission Factors. https://www.cn.ca/ repository/popups/ghg/Carbon-Calculator-Emission-Factors. – World Economic Forum analysis and communication with BHP , October 2025. 68. Reuters. (2024). China’s COSCO Shipping, Fortescue to build green fuel supply chain. https://www.reuters.com/ sustainability/climate-energy/chinas-cosco-shipping-fortescue-build-green-fuel-supply-chain-2024-07-29/. 69. Sources: – Argus. (2025). Australia’s BHP charters ammonia-fuelled carriers. https://www.argusmedia.com/en/news-and- insights/latest-market-news/2705908-australia-s-bhp-charters-ammonia-fuelled-carriers . – BHP . (2025, 2 July). BHP awards charter contracts for two ammonia dual-fuelled vessels [Press release]. https://www. bhp.com/news/media-centre/releases/2025/07/bhp-awards-charter-contracts-for-two-ammonia-dual-fuelled-vessels. 70. Kempower. (2025). Electric trucks and charging in Australia: A growing opportunity. https://kempower.com/electric- trucks-and-charging-in-australia-a-growing-opportunity/. Unlocking Asia-Pacific as a First Mover: Australia’s Green Iron Opportunity 55
Ask AI what this page says about a topic: