Unlocking Agricultural Potential in Northern Australia Through the Energy Revolution
Tracks
Auditorium
| Tuesday, August 27, 2024 |
| 2:45 PM - 3:05 PM |
Overview
Hon Neil Thomson MLC
Speaker
Hon Neil Thomson MLC
Shadow Treasurer; Shadow Minister For Environment
Member for Mining & Pastoral Region
Unlocking Agricultural Potential in Northern Australia Through the Energy Revolution
Abstract
This presentation explores how the energy revolution could unlock agricultural potential in Northern Australia. The region's vast land resources and water resources have inspired visions of agriculture for many decades, visions which have been accompanied by modest success. But now, with advancements in renewable energy, Northern Australia is on track to being a producer of low-cost nitrogen fertilisers. Energy development could also significantly reduce pumping costs, enhancing the viability of tropical grasses and other tropical crops. Despite these opportunities, challenges such as high development costs and regulatory barriers persist. We will discuss how strategic investments in green energy, a supportive government and stakeholder collaboration could overcome these obstacles. The strategic importance of developing agriculture has never diminished and innovations in the energy sector might be the key to unlock the door to success.
Biography
Holding the Shadow Treasury and Environment portfolios, the Hon Neil Thomson MLC is tasked with developing the alternative financial and economic pathway in the lead up to the 2025 State Election. Neil has a deep commitment to reducing unnecessary red and green tape and encouraging business investment, with his career providing an exceptional foundation and the experience required to deliver better outcomes for the State of WA.
Neil has held senior roles in microeconomic reform in the Department of Treasury WA and has provided economic advice in the was Senior Economist with the Department of Fisheries, Neil went on to be a Chief of Staff in the Barnett government, before taking on Executive appointments in the Departments of Planning and Aboriginal Affairs. Prior to coming into parliament in 2021, Neil was a partner in a successful economic consultancy based in Northern Australia providing advice to the pastoral industry, the agricultural sector in civil construction, local government and for Aboriginal corporations.
