"It is what ARENA seeks to do, it is what the Clean Energy Finance Corporation seeks to do, and if we can leverage that money it is a very, very good public policy outcome."
Mr Wilder believes that net zero emissions will need to be brought forward by up to 20 years from current 2050 targets, and so CCS needs to be explored, particularly for heavy emitting industries such as cement manufacturing. It was not just the Opposition expressing doubts about the roadmap, however, with Nationals senator and strident coal supporter Matt Canavan telling Sky News that, while he agrees with the aims of the roadmap the economy needs jobs and cheaper energy now.
"What's really important now is understanding how that investment will play out, because if we don't have a certain level of co-ordinated investment the system may end up very unbalanced."
Uncle Rupes?
Anthony Albanese Sep 16, NO plan to do anything about climate change for the next three years BUT should they win the election, will want Zero emissions by 2050 Hmm: This will DESTROY mining and agricultural JOBS No more fossil fuel 'GAS'
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Clean' hydrogen and carbon capture: Will the government's energy roadmap drive down emissions?No. nothing 'clean' about coal and carboncapture! sure we need diversification, solar, wind, ocean energy. we need storage in batteries not as AngusTaylorMP says storage in coal piles next to a generator. Craziness! Lunacy! Greens All news Australian ABC NEWS SBS news 7newsThis question the are pew. Share with government. Both men and women have to be free. Men should not force women to talk to them. Women should have rights to talk to anybody she wants to
Source: SBSNews - 🏆 3. / 89 Read more »
Australia's new energy 'roadmap' to focus on specific industriesThe Federal Government is reshaping the nation's approach to reducing carbon emissions, turning the focus to backing a select few technologies and supporting heavy industry. The trouble with a 'roadmap' is they're usually out-of-date. it's crazy how far-right the ABC has become Just use coal
Source: abcnews - 🏆 5. / 83 Read more »
Government to invest $18 billion in five major technologies to cut emissions | Sky News AustraliaThe government has revealed a list of five new and emerging technologies it is planning to invest in as part of a roadmap to bring down emissions. \n\nThrough to 2030, the government said it would invest $18 billion in a bid to unlock further investment for the private sector totalling around $50 billion, and hoped to wipe out 250 million tonnes of emissions by 2040. \n\nThe five major investments included clean hydrogen, energy storage, green steel and aluminium, carbon capture and storage, and soil carbon projects\n\nEnergy Minister Angus Taylor was set to announce the map at the National Press Club later on Tuesday, where he was expected to say “Let’s be clear – there are only two ways to reduce missions”. \n\n“You either suppress emissions intensive economic activities, usually through some version of taxation – or you improve them. There is no third way,” he will say. \n\n“Australia can’t and shouldn’t damage its economy to reduce emissions.” \n\nThe move comes nearly a week after the Morrison government revealed it would broaden the remit of its key energy investment agencies and focus on low emissions technology in a shift away from funding solely wind and solar projects. \n\nThe government did not mention nuclear energy, which was deemed third stage interest. \n\n A NIGHTMARE COAL, GAS, DIESEL, BULLSHIT AND SPIN !!
Source: SkyNewsAust - 🏆 7. / 78 Read more »