The conservative government of Australia released a fresh plan to handle changes in climate on Thursday. It mainly targeted the use of gas, hydrogen, batteries, and carbon capture. It also avoided the contentious issue of setting a carbon price.
Australian conservative government releases a fresh plan on Thursday, May 21st, to tackle the issues of climate change. This plan targeted the use of gas, hydrogen, batteries, and carbon capture. It avoided the contentious issue of setting a price for carbon.
Australia is one of the biggest emitters of carbon in the world. It is estimated as per capita emission. This country is struggling for more than a decade to formulate a long-term plan for low carbon economy. It is being done among a politically charged debate between fossil fuel use supporters and its opponents.
Now, the latest proposal that the government aims to turn into a formal policy by September 2020, is based on driving down the cost of energy storage. It is to back up wind and solar power. It is also to electrify the industrial processes and increasing the production of hydrogen up more.
“At its core, this is about technology not taxes. It means reducing emissions, not reducing jobs and the economy,” Energy and Emissions Reduction Minister Angus Taylor said in a statement.
The Green Groups the country is however, opposing this plan. They say that this plan continuously relies on fossil fuel. It uses gas and coal. They are supported by mining, energy and other big corporations. They have argued in favour of introducing a price for carbon, to drive green investment.
The government sees gas and coal fired power as the needed powers back up for medium term to help back up renewable power supply. It is looking to take the advantage of the abundant supply of natural gas in Australia.
This government also plans to develop a strategy for using electric vehicles. It wants to reduce the cost of hydrogen production. It also wants to find ways to bring down the cost of carbon capture and storage or CCS. The opponents are of he opinion that it is an unproven and expensive technology.
This so-called road map of technology is designed to help Australia meet its Paris Climate Accord commitment to cut carbon emissions by between 26% to 28% from the levels of 2005 and it is to be achieved by the year 2030.
The oil and gas industry, big energy users and the Clean Energy Council welcomed the proposals. Those who advocate anti-fossil fuel said this is a misguided plan.