BRIEFING: Experts increasingly sceptical about Australia’s clean energy ambitions despite Labor’s election win
Australia’s Labor government has been given what is likely two terms in office to progress its clean energy superpower ambitions, however experts and analysis have cast doubts on whether it will achieve even its more modest emissions reduction and renewable energy targets.
Read MoreAn interconnected ASEAN grid would speed renewable uptake -think tank
Expanding grid interconnectedness across Southeast Asia could speed up the energy transition and offer hundreds of thousands of jobs, a report from a think tank said Thursday.
Read MoreBanks’ finance of LNG carrier newbuilds undercuts their own climate goals -report
Financing new-build LNG carriers that will have a 30-year lifespan and increase the consumption of natural gas is incompatible with banks’ net zero goals, a South Korean group said Wednesday.
Read MoreAustralian company touts tech that could cut hydrogen opex costs by 10%
An Australian-based green hydrogen hopeful has announced results from its latest testing could lower initial spending costs by 10% and improve energy efficiency similarly.
Read MoreEVs set for upward trajectory despite some headwinds, IEA says
The International Energy Agency (IEA) sees an upward trajectory for electric vehicles across most regions save the US, where it has severely downgraded its outlook for growth to 2030 based on recent events compared to last year’s more bullish EV report.
Read MoreAsian flag carrier signs on for SAF, SAF certificates
One of Asia’s largest carriers has signed an agreement to take 1,000 tonnes of CORSIA-eligible sustainable aviation fuel (SAF) and another to take SAF certificates to reduce emissions by just under 10,000t.
Read MoreCCUS at Chinese coal plants could be scaled for global decarbonisation push, lobby argues
China is providing a new business case and proof of concept for carbon capture, utilisation, and storage (CCUS) at coal-fired power stations, dropping the cost of capture by over 40% and demonstrating the tech’s scalability for emissions reductions, a paper from an Australian coal lobby group argued Monday.
Read MoreCo-benefits don’t matter for integrity, but possibly for investment, conference hears
As project developers search for a price premium and investment opportunities from the co-benefits associated with their projects, the head of the Australian Carbon Credit Unit (ACCU) market’s integrity body has cautioned that emissions reductions must be the number one priority.
Read MoreAmmonia key to cutting Scope 3 emissions, oil and gas chairman says
The development of clean ammonia is “the best thing we can do” to cut Scope 3 greenhouse gas emissions, the chairman of an Australian gas giant told his company’s annual general meeting Thursday.
Read MoreIndigenous groups want equity over ‘engagement’ in future carbon projects, conference hears
Indigenous engagement in carbon projects needs to go further, be more than a box-ticking exercise, and be implemented from the get-go in order to design the most effective projects without damaging biodiversity, a conference heard this week.
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