Tag: net zero emissions
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Regional reviews to ensure delivery of net-zero investments
Prime Minister Scott Morrison said the Productivity Commission would undertake reviews of the economic impact of the policy every five years. “It will be a safeguard for rural and regional Australia,” he told The Australian on Tuesday, adding it would provide “accountability” for the government’s emissions plan. “We will track what our emissions are but…
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Nationals’ Cabinet numbers boosted as party falls in line with emissions policy
Prime Minister Scott Morrison on Monday announced the Nationals MP would be elevated back into the cabinet, just months after he was demoted. “Minister Pitt is a powerful voice for the resources sector and ensuring that we build upon Australia’s strength in traditional exports, while harnessing opportunities in the new energy economy and critical minerals,”…
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Nats say they’ve nailed down climate plan, but not sharing it just yet
Despite reports Nationals leader Barnaby Joyce told colleagues during a two-hour partyroom meeting on Sunday he did not back the commitment, he is now adamant he supports it. “One hundred per cent I’m on board with the goal of 2050 net-zero emissions, what more do you want?” he told ABC radio on Monday. “Each one…
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Farmers plead for ‘fair go’ in move towards net zero emissions
For that to happen, there must be an economically viable pathway to neutrality while landholders need to be relieved of “unnecessary regulatory impediment”, says National Farmers Federation president Fiona Simson. She and Agforce Queensland president Georgie Somerset are set to brief the federal Nationals party room, seeking a resolution to what she calls a “festering…
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Coal is harmless ‘as long as 95 per cent stays in the ground’, study says
His comments follow a warning that the world must leave 95 per cent of its coal in the ground by 2050 if it was to have half a chance of limiting global warming to 1.5C. The study, led by researchers from University College London, found nearly 60 per cent of current oil and fossil methane…
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We’ll do it our way, Morrison tells G7 climate conference
The prime minister addressed mining executives ahead of the G7 summit in Cornwall. “I sort of call this the Frank Sinatra approach – we’re going to do it our way in Australia,” he said in Canberra on Wednesday night. “And if we can do it in the Pilbara, if we can do it there, we…
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Heaven and Earth: Trevor St Baker’s surprising quest to decarbonise the world
The 81-year-old is a man who has made millions from the transition to renewable energy and whose passion is decarbonising the world – but who is also a champion for retaining Queensland’s dispatchable power fleet of coal and gas-fired power stations. And he said the blackouts that rolled through Queensland this week are just an…
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Could this be Australia’s light bulb moment on one-way path to electric vehicles?
In 2007 Malcolm Turnbull turned off an industry’s life support without blinking. The industry made light bulbs, of the traditional kind — so energy-inefficient they lost most of it as heat. “A normal light bulb is too hot to hold — that heat is wasted, and globally represents millions of tonnes of carbon dioxide that…
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Report says Australia can shift to renewables without price hikes
Achieving 90 per cent renewables would be slightly more expensive, but would slash emissions at a relatively low cost, according to the unaligned Grattan Institute. A report from Grattan’s Tony Wood and James Ha said that moving to a system with 70 per cent renewable energy – and closing about two-thirds of today’s coal-fired power…
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Gladstone may produce hydrogen by 2023 as Sumitomo ramps up
Sumitomo Corporation and JGC Holdings Corporation have signed a Front End Engineering and Design (FEED) contract for the hydrogen-related project planned by Sumitomo. Sumitomo said the project was part of broader program aimed at building local hydrogen production and consumption in Gladstone by producing hydrogen from electrolysis of water using electricity from Solar PV as…