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I Will Not Tax Our Industries 'Off the Planet' for Net Zero: Australian PM


I Will Not Tax Our Industries ‘Off the Planet’ for Net Zero: Australian PM
Australia to Innovate its Way to Net Zero Instead
Prime Minister Scott Morrison has vowed to protect industry from “punishing” climate change taxes as the government sets a tentative net-zero target of 2050.
Just days away from a global climate summit, to be chaired by U.S. President Joe Biden, Morrison said Australia would chart its “own course” on how to transition to renewable energy, noting that the key was to change the energy mix over the next 30 years.
“The key to meeting our climate change ambitions is commercialisation of low emissions technology,” Morrison told a Business Council of Australia dinner on Monday. “We are not going to meet our climate change targets through punishing taxes. I am not going to tax our industries off the planet.” ....

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Morrison government flags $540m for hydrogen and carbon capture ahead of Biden summit


Last modified on Tue 20 Apr 2021 13.48 EDT
The Morrison government has flagged increased investment in regional hydrogen hubs and carbon capture and storage projects ahead of a global climate action summit to be hosted by the United States president, Joe Biden, at the end of this week.
The Australian government says the looming May budget will include an additional $539.2m for hydrogen and CCS, building on investments promised during last year’s budget of $70m over five years for hydrogen and $50m for CCS. The spending on CCS will increase to $263.7m.
Australia will spruik the additional expenditure at the virtual Biden summit, which the prime minister, Scott Morrison, will attend. While Morrison continues to signal a favourable disposition towards Australia adopting a net zero target by 2050, the Coalition is not expected to make a concrete commitment at the summit, or unveil any change to its medium-term emissions reduction targets. ....

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Politicising action on climate has to stop

Politicising action on climate has to stop
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