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Australia's biggest coal and gas customer to slash coal and gas use by 2030

Australia’s biggest thermal coal and LNG customer, Japan, has announced new 2030 targets for their electricity sector, slashing the amount of coal and gas they intend to use, with a 41% cut in thermal coal and 46% cut in gas over the next 10 years.

Given Australia’s high reliance on Japan, these new targets could see the Australian thermal coal industry slashed by almost 20% by 2030, putting the lie to Liberal and Labor’s claims that coal will continue to be mined and exported for decades to come. 

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Morrison's hydrogen spin is just more cash for coal & gas

As the Prime Minister pins all his hopes on technology to save his government’s complete lack of any climate policy, his financial commitment doesn’t match up to his marketing.

In the wake of President Biden’s announcement of a $2 trillion climate infrastructure package, Scott Morrison has proposed a $539 million hydrogen and CCS hub spend to spruik his low emissions technology strategy, 3700x less in total and 290x less per capita than the Biden administration.

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Science on climate end-game puts Liberals and Labor targets to shame

The release of a new report shows only the Greens have a climate policy in line with the science.

The Climate Council report, Aim High, Go Fast, which drew from new data from the Intergovernmental Panel on Climate Change identifies the need for 75% emissions reduction from Australia by 2030 - in line with the Greens policy but 3 times the Coalition’s current target (26-28%). Meanwhile the Labor party has no articulated 2030 target at all.

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Greens legislate to keep Snowy clean

Greens Leader, Adam Bandt, will introduce a Bill into the House of Representatives that would prevent the government using the Snowy Hydro group to build new gas-fired power stations. The Bill will be seconded by Independent MP, Zali Steggall.

Energy and Emissions Reduction Minister Angus Taylor has given the NSW market until the end of April 2021 to make final investment decisions on 1000 MW of new dispatchable capacity to replace Liddell or he says he will direct Snowy Hydro to invest in a new gas-fired power station in the Hunter.

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Labor failing first climate test and helping Morrison

The Australian Greens have said Labor is letting Scott Morrison off the hook as its new climate spokesperson, Chris Bowen, fails to adopt the independent Climate Targets Panel’s call for at least 50% emissions reduction by 2030. The Greens are putting pressure on Scott Morrison over his weak 2030 targets and are calling on Labor to join them.

This morning when asked if Labor would set a 2030 target, the new Shadow Minister avoided the question, then when asked if Labor would support a new gas fired power station he again deflected.

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As Labor drops the ball, Climate Targets Panel puts science back at the top of the debate, where it belongs

The Greens have welcomed a new independent report on Australia’s 2030 targets, which shows Australia’s 2030 targets must be at least doubled to 50% to meet the Paris climate agreement and avoid catastrophe. The report also shows the cost of the Coalition’s inaction on emissions, burning through nearly half of Australia’s Paris Agreement ‘2 degrees’ carbon budget in just eight years.

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Conservative thinktank planning for the end of coal shows urgency for transition planning

 

The release of a report planning for the end of coal by the right-leaning Blueprint Institute shows that all sides of politics were now calling for a managed transition out of coal, Leader of the Australian Greens Adam Bandt MP said.

“The time of coal is over and the time for clean energy has begun,” Mr Bandt said. “When even conservative think tanks are putting forward proposals to leave coal, you can tell this transition is unstoppable.

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