$1b green energy deal with SA aims to shore up gas supply
Apr 18, 2021 – 6.07pm
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The Morrison government has signed a $1 billion energy deal with South Australia to help deliver more gas to help support the state’s renewable energy assets and alleviate a potential shortfall on the east coast.
The second bilateral state energy deal – following a $2 billion agreement struck with NSW at the beginning of last year – calls on the Commonwealth to inject $660 million towards new technologies such as hydrogen and carbon capture and storage, as well as a new interconnector between South Australia and NSW.
The Moomba gas fields are going to help alleviate the east coast gas shortage.
Cancelled membership: Equinor to leave APPEA as it scales back in Australia upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
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MELBOURNE (Reuters) - Norway’s Equinor ASA has decided to stay in the American Petroleum Institute after the major U.S. oil lobby group changed its stance on climate policy.
FILE PHOTO: Equinor s flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
However, Equinor has quit the Australian Petroleum Production and Exploration Association as the firm has wound down operations in Australia after giving up an exploration drilling plan in the Great Australian Bight.
In a report dated March 2021, Equinor said it had completed an annual review of industry groups’ climate policy alignment with the Paris Agreement to limit global warming to 2 degrees Celsius and the company’s goal to be net zero by 2050.
âUniquely unsuitedâ: Government accused of stacking climate body with fossil interests
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Climate groups have criticised the appointment of former Origin Energy chief executive Grant King to lead the Climate Change Authority, the independent body that advises the government on how to reduce greenhouse gas emissions.
In making the appointment, Energy and Emissions Reduction Minister Angus Taylor described Mr King as a âthought leaderâ with 40 years of experience in energy, finance, infrastructure and sustainability who had already contributed to the governmentâs emissions reductions policy.
DeSmog
Sep 12, 2018 @ 09:00
Nearly all of the world’s largest 200 industrial companies have directly or indirectly opposed climate policy since the landmark Paris Agreement was signed three years ago, according to new research.
Analysis by InfluenceMap, a UK-based think tank, examined the lobbying activities of 200 of the world’s biggest companies and 75 of the most powerful trade groups and the links between them since December 2015.
It found that 30 percent of all companies analysed have directly lobbied against climate policy in the last three years and that 90 percent of them retain membership to trade associations which have actively opposed climate policy around the world.