22/05/2020

(AU) Federal Government Releases Emissions Technology Investment Roadmap, Backing Gas And A Shift Towards Renewables


The Government says a key goal of the Roadmap is to make sure Australia is at the forefront of low emissions technological innovation. (ABC News)

Key Points
  • More than 140 technologies including hydrogen, renewables, biofuels and carbon capture and storage were given consideration
  • Australia has flexibility in using natural gas energy as the world's largest LNG exporter
  • Nuclear power was acknowledged for its potential, but cost and environmental factors had to be considered
The Federal Government has unveiled its long-awaited "technology investment roadmap", setting out Australia's energy priorities as it seeks to bring down carbon emissions over the next 30 years.

Energy Minister Angus Taylor released a discussion paper which he said would help to drive investments in low-emissions technologies without putting extra pressure on the economy.

"We've got a very clear focus, it's about developing technologies that will bring down emissions and support jobs growth in critical industries like agriculture, manufacturing, transport," Mr Taylor said.

"It's about ensuring that mums and dads and small businesses are paying a fair cost for energy and not having taxes imposed on them."


The Government says a key goal of the Roadmap is to make sure Australia is at the forefront of low emissions technological innovation.(ABC News)The Federal Government has unveiled its long-awaited "technology investment roadmap", setting out Australia's energy priorities as it seeks to bring down carbon emissions over the next 30 years.Energy Minister Angus Taylor released a discussion paper which he said would help to drive investments in low-emissions technologies without putting extra pressure on the economy.
"We've got a very clear focus, it's about developing technologies that will bring down emissions and support jobs growth in critical industries like agriculture, manufacturing, transport," Mr Taylor said.
"It's about ensuring that mums and dads and small businesses are paying a fair cost for energy and not having taxes imposed on them."

The Government has faced pressure to adopt a target of achieving zero net emissions by 2050 but Mr Taylor said it did not "commit to targets without a very clear plan."

"There's a joint commitment from the countries of the world to try and reduce emissions as early as possible in the second half of the century," he said.

"I mean, we'd all love it to happen before the second half of the century. But what's going to make that possible is successful development of technologies that allow us to reduce emissions without destroying jobs and without hurting economies."

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