Climate targets ‘challenged’ as energy transition stumbles

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 90%

Brasil Manchetes Notícia

Brasil Últimas Notícias,Brasil Manchetes

The energy transition is proving much more costly and difficult than anticipated.

The Albanese government will struggle to meet its “aggressive” emissions reduction targets, while industry faces hurdles to delivering the energy transition because of delays in building transmission lines, flatlining uptake of electric vehicles, rising costs and a shift in community attitudes, senior business leaders warn.

In addition, rising interest rates, the cost of living crisis and the threat of power outages meant that power companies needed to focus on the reliability of supply and affordability before tackling environmental concerns, he said. “There are a whole lot of challenges, including around rolling out the transmission lines,” Mr Halliday said. “That means that the target is absolutely challenged. It’s an aggressive target.”Nicholas Mumford, managing director of Greenhill Energy, said that to meet the 2050 target, the government would have to work “really hard”. Greenhill Energy’s aim is to upcycle biomass and landfill waste into low-cost clean hydrogen energy. “I think we’ve picked all the low-hanging fruit.

Ampol’s Mr Halliday argued growth in EVs in Australia was being hindered by a lacklustre second-hand market for the cars, as well as the slower-than-expected rollout of fast-charging stations.Constant developments in technology around EVs was leading to the poor resale value of EVs, he said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

This week in Australia energy and climate collided; it’s a global storyThis week in Australia energy and climate collided; it’s a global story
Fonte: smh - 🏆 6. / 80 Consulte Mais informação »

Nearly 175 arrested as climate protesters target France’s TotalEnergies and key investorDemonstrators gathered outside Paris meetings of energy giant and Amundi, with some forcing their way into fund manager’s tower block
Fonte: GuardianAus - 🏆 1. / 98 Consulte Mais informação »

This week in Australia energy and climate collided; it’s a global storyThis week in Australia energy and climate collided; it’s a global story
Fonte: theage - 🏆 8. / 77 Consulte Mais informação »

This week in Australia energy and climate collided; it’s a global storyThis week in Australia energy and climate collided; it’s a global story
Fonte: brisbanetimes - 🏆 13. / 67 Consulte Mais informação »