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.