“Two of the major disruptions gathering pace in the Australian economy are digital transformation and reducing greenhouse gas emissions to Net Zero,” Dr Alan Finkel AO.
Cisco and Curtin University launch the ‘Smart Zero’ report exploring the role digital technologies and advanced networks can play to accelerate progress towards Net Zero. The new report, led out of the recently formed National Industry Innovation Network, reveals that Australia has much to gain from Net Zero but won’t meet targets with current technology, let alone get there ahead of schedule.
Advances in underlying digital are unlocking new possibilities but urgency is required
Currently, quantifying emissions and related offsets to realise Net Zero targets has attracted the focus of governments and industry. It is widely believed new technological advances and tools such as Internet of Things (IoT), digital twins and blockchain will be a crucial lever in achieving and accelerating decarbonisation.
The current process in Australia for measuring, offsetting and reporting on emissions is manual and analogue. Net Zero requires an accelerated transition to digital, with automated processes and at machine scale. This is being driven by one critical factor – networked data.
Read More: Curtin University