A new report from the Bankwest Curtin Economics Centre forecasts a potentially significant decline in Western Australia’s fossil fuel export revenue if global net-zero emissions targets are met. The modelling suggests exports could fall from current levels to approximately $11 billion by 2050, representing a potential loss of $28 billion. This projection is based on one scenario within the report, indicating the scale of economic adjustment WA may face. The analysis highlights the economic implications of the global shift towards renewable energy sources and reduced fossil fuel demand. The report does not detail specific policy recommendations, but underscores the need for economic diversification in the state. Further research is expected to explore various transition pathways and their respective impacts on the WA economy. The findings offer a crucial perspective for policymakers and industry stakeholders navigating the energy transition.