Asia Pacific > Australia’s oil & gas lobby eyes carbon storage superpower status as other nations decarbonise

Australia’s oil & gas lobby eyes carbon storage superpower status as other nations decarbonise

Published 14:34 on June 15, 2021  /  Last updated at 14:52 on March 3, 2022  / Stian Reklev /  Asia Pacific, Australia, International, Japan, Nature-based, Paris Article 6, South Korea, Voluntary

Australia can become a carbon storage superpower, though realising that potential would require bilateral agreements on carbon credit and accounting arrangements with potential buyer countries such as Japan and South Korea, the head of the nation’s main petroleum industry lobby group said Tuesday.
Australia can become a carbon storage superpower, though realising that potential would require bilateral agreements on carbon credit and accounting arrangements with potential buyer countries such as Japan and South Korea, the head of the nation’s main petroleum industry lobby group said Tuesday.


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