2023
DOI: 10.33223/epj/163451
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The current state and prospects for further development in the energy sector in Australia: reforms, foreign economic relations, investment climate

Vilayat Ismayilov,
Sahib Mammadov,
Narmina Abbasova
et al.

Abstract: of the energy sector as well as the method of comparing the country's energy performance before and after the implementation of relevant reforms to better illustrate the effectiveness of existing projects. As a result, it was determined that the Australian government pursues a policy of carbon neutrality in the energy industry to reduce the harm caused to nature by harmful emissions into the atmosphere. The state has a focus on reducing the cost of electricity. It is also determined that Australia has a positi… Show more

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Cited by 4 publications
(2 citation statements)
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References 19 publications
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“…In particular, encouraging foreign investors to invest in energy development to protect the environment and stimulate economic growth remains effective (Ismayilov et al, 2023). It is also important to provide state-of-the-art equipment for resource exploitation and ensure proper utilisation during mining, deforestation, and agriculture.…”
Section: Discussionmentioning
confidence: 99%
“…In particular, encouraging foreign investors to invest in energy development to protect the environment and stimulate economic growth remains effective (Ismayilov et al, 2023). It is also important to provide state-of-the-art equipment for resource exploitation and ensure proper utilisation during mining, deforestation, and agriculture.…”
Section: Discussionmentioning
confidence: 99%
“…However, new reporting rules are being gradually introduced and a corporate governance programme is being implemented to improve the mechanisms for disclosing information on the activities of joint stock companies. In addition, one of the main tasks is to define the concept of the international financial space, where countries and individual economic entities interact to manage financial resources and pursue the business interests of participants (Ismayilov et al, 2023).…”
Section: Discussionmentioning
confidence: 99%