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AAP
AAP
Business
Marion Rae

INSANE: Net zero brings uneven job losses report | Rare Historical Photos

Australia will lose hundreds of thousands of jobs, mostly in a handful of regional communities, if it fails to meet the needs of emissions-busting trading partners, a report warns.

The independent Centre for Policy Development on Monday released detailed modelling of each local government area on the impact of locked-in and likely commitments for net zero carbon emissions by 2050.

The report estimates up to 300,000 jobs and over $150 billion in output would be in jeopardy if energy exporter Australia faced the predicted 2050 drop in demand for fossil fuels today.

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