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The Australian Government’s support for innovative solutions to decarbonise the Australian economy has sparked renewed interest in CCS projects. We consider the barriers to entry and opportunities for large scale CCS projects in Australia.
There is renewed interest in Carbon Capture (Utilisation) and Storage (CCUS or CCS) projects and investment opportunities in Australia. The…
[co-authors: Lilly May, Michael Kralic] There have been a number of policy and funding developments applicable to the hydrogen energy industry in Australia since the release of K&L Gates' The H 2 Handbook in October last year. These developments have come at both commonwealth and state level and highlight the current governmental appetite to foster the emerging Australian hydrogen industry and to position Australia as a global hydrogen leader. This article reflects on the state of play across Australia, providing a high level consolidated overview of these updates and supplementing the Austr...
NSW) Government published the NSW Net Zero Industry and Innovation Program ( Program) as part of the NSW Net Zero Plan Stage 1: 2020-2030, which aims to achieve a 35% reduction in emissions compared to 2005 levels. AU$750 million will be invested under the Program by 2030 to help realise that aim. The Program has three areas of focus: Clean Technology Innovation - supporting the development of emerging clean technologies, including hydrogen. AU$195 million has been earmarked for this area. New Low Carbon Industry Foundations - creating the foundations for low emissions industries by building ...
Australia will need to retool commodity exports to achieve net-zero emissions by 2050 April 20, 2021, by Jasmina Ovcina As Australia gears up efforts to achieve net-zero emissions by 2050 it is clear that the nation would have to commercialize low emission technologies and change its energy mix in the next 30 years. Speaking on Monday ahead of a climate summit occurring this week, Australian PM Scott Morrison said that the Aussie government was charting its own course to ensure “Australia is well placed to prosper through the great energy tran...