Government flags hydrogen and carbon capture investment, may pave the way for new coal fired power

  • 📰 SBSNews
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 89%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Energy Minister Angus Taylor has outlined some of the details of the government's emissions strategy, including carbon capture technology and the possibility of new coal-fired power plants.

Australia will take a long-term emissions reduction strategy to a global summit on climate change later this year.

To date, federal funds totalling more than $10.4 billion have been invested in more than 670 clean technology projects with a value of $35 billion, mostly focussed on wind and solar."We must move our investments to the next challenges - hydrogen, carbon capture and storage, lithium, and advanced livestock feed supplements, to name a few."

Labor climate and energy spokesman Mark Butler said the plan lacked credibility, especially given the latest data showed only a 0.3 per cent emissions reduction in the year-to-date. Bushfire survivors use burnt debris from the recent bushfires to create a symbolic trail of destruction outside Parliament House in Canberra, Feb. 11, 2020.Flagging his approach to the Glasgow COP26 summit, Mr Taylor on Friday told a Sydney business forum that the strategy will be based on using technology to cut emissions.

The government has a target of a 26 per cent reduction in emissions on 2005 levels by 2030, but Labor says a longer-term target of zero net emissions by 2050 is also needed.Australia is one of the last developed countries actively considering new coal-fired power stations The government would target its support to ensure each technology reached economic parity or better, that is, the shift to lower emissions comes at a low or zero cost.

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:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not buying it You guys . Australia’s situation on the climate action is looking really bad . All carbon emissions must dropped dramatically to zone within this decade. We have renewable energy on our side with the resources to boost its popularity . Spare us the excuses .

Carbon capture. Where, rather than reducing the amount of excess poison you are producing you instead keep sticking it underground in the hope that out of sight out of mind will make the problem go away! It's the science of idiots!

Taylor has no creditabilty....Ask Naomi. 👎

The power of fossil fuel companies is overwhelming. For over 20 years they have denounced global warming. This prick is on the payroll. We may have to accept a drop in standards but we are able to convert to clean energy if we want to. No worries. Watch:The Choice is Ours.

We don't want more coal stations you idiot ClimateEmergency ClimateCrisis

This guy is a total waste of space

The Government's Approach to Energy Policy Step 1: Invest in currently unknown technologies. Step 3: Reduce emissions. But, you ask, what's Step 2? The Government haven't gotten that far yet.

Another dishonest racist.....

Carbon capture and storage like the label 'clean coal' is a fairy tale only believed by the promoters and others with vested interests.

how do we stop these psychopaths

Are swat

David_Speers simonahac AlboMP ... when is someone going to call out Angus Taylor's lie about his target of 26-28% by 2030 USING KYOTO CREDITS..What is his target WITHOUT these credits given they are probably illegal anyway. auspol

Throwing money at unproven solutions. And Hydrogen from fossil fuels. This government can't and won't do anything meaningful. All they do is pay lip service and look for opportunities to funnel more taxpayer $$ to mates.

FFS

Angus Taylor need to show the nation the document showing the plan or is this just one of them made up document.

Super Sad True Chinese Import Story A tragic and cautionary tale about Australia's road to net zero without a plan for Australian manufacturing.

What a horrible time to be a journalist, look at this shite!

Why would we listen to this criminal.

🙄 corrupt dipshits

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy prices are soaring and the gas industry ‘has to carry a lot of the blame', ACCC boss saysACCC boss Rod Sims slams the gas industry, accusing it of misleading governments into approving massive gas export projects that have led to soaring power prices. ABCNews DavidMuir went to a lunch at the White House AFTER the White House banned CNN for its reporting 1a w/ no comment or action from ABC, but a news anchor commenting on inequality requires 'transparency.' 🙄😐😐 ABC has taken a side. Wel that & this admin cutting funding to alternate energy sources. At the request of Murray energy who donated 1.4 mill to a Trump super pac.
Source: abcnews - 🏆 5. / 83 Read more »

Energy prices are soaring and the gas industry ‘has to carry a lot of the blame', ACCC boss saysACCC boss Rod Sims slams the gas industry, accusing it of misleading governments into approving massive gas export projects that have led to soaring power prices. ABCNews DavidMuir went to a lunch at the White House AFTER the White House banned CNN for its reporting 1a w/ no comment or action from ABC, but a news anchor commenting on inequality requires 'transparency.' 🙄😐😐 ABC has taken a side. Wel that & this admin cutting funding to alternate energy sources. At the request of Murray energy who donated 1.4 mill to a Trump super pac.
Source: abcnews - 🏆 5. / 83 Read more »