PM pushes jobs on road to net zero

Original article by Geoff Chambers, Perry Williams
The Australian – Page: 1 & 4 : 21-Apr-21

Prime Minister Scott Morrison says the federal government will adopt a ‘technology-first’ approach to reducing carbon emissions. He will reveal plans for the government to invest in four clean hydrogen hubs in regional Australia, as well as carbon capture and storage technology. These initiatives will cost some $540m, while Morrison says they will create 2,500 jobs. Morrison has also committed to ensuring that the government’s climate policies will not penalise industries that have high carbon emissions, such as mining and agriculture.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

BHP clears the air on climate change disagreements

Original article by Matt Chambers
The Australian – Page: 19 & 26 : 20-Sep-17

BHP Billiton executive Mike Henry says the resources group supports the recommendations of the Finkel Review, including the introduction of a Clean Energy Target. The head of BHP’s Australian minerals division adds that the company is of the view that reducing carbon emissions must be a key element of Australia’s energy policy, including the use of carbon capture and storage technology in coal-fired power generation. BHP’s position is at odds with that of the Minerals Council of Australia, which supports the construction of clean-coal power plants but without the use of carbon capture and storage solutions.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA, AUSTRALASIAN CENTRE FOR CORPORATE RESPONSIBILITY, RIO TINTO LIMITED – ASX RIO, AUSTRALIAN COAL ASSOCIATION, AUSTRALIA-ISRAEL CHAMBER OF COMMERCE

Gorgon to make case for carbon capture

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 20 : 22-Jun-17

Global Carbon Capture & Storage Institute CEO Brad Page says Chevron’s Gorgon LNG project will prove the business case for carbon capture and storage technology. The CCS component of the Gorgon project will reduce Gorgon’s greenhouse gas emissions by around 40 per cent by using a saline aquifer to store carbon dioxide. Page notes that the estimated $A2bn cost of the CCS project is insignificant compared with the overall cost of Gorgon, which has blown out from $US37bn to $US54bn.

CORPORATES
GLOBAL CARBON CAPTURE AND STORAGE INSTITUTE LIMITED, CHEVRON CORPORATION, GORGON LNG, INTERNATIONAL ENERGY AGENCY, ROYAL DUTCH SHELL PLC

Carbon capture key to coal future: IEA

Original article by Matt Chambers
The Australian – Page: 16 : 21-Dec-15

The International ­Energy Agency (IEA) forecasts that India’s growing demand for coal will enable Australia to reclaim its status as the largest coal exporter. Meanwhile, IEA executive director Fatih Birol warns that a sustained upturn in coal prices will require coal producers to ramp up their investment in ­carbon capture and storage technology. He adds that carbon sequestration will be essential in meeting the Paris climate change summit’s targets for limiting growth in global warming.

CORPORATES
INTERNATIONAL ENERGY AGENCY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ADANI ENTERPRISES LIMITED, HANCOCK PROSPECTING PTY LTD