Federal Resources Minister Madeleine King has supported carbon capture and storage (CCS) as the way for the industry to reach net-zero emissions. “Traditional commodities, including our energy resources, will play an essential role in supporting Australia’s economy transition to net-zero while also continuing to underwrite energy security for our key trading partners,” King said at the APPEA…

Although the United Nations states that carbon capture and storage technology (CCS), equipment that enables fossil fuel producers to sequester emissions to mitigate global warming, is needed to meet emissions reduction targets, multiple climate activist groups oppose its development as they believe CCS entrenches the oil and gas industry. The U.N. Intergovernmental Panel on Climate…

The Australian Government’s plan to use its Renewable Energy Agency (ARENA) to bankroll the development of low emissions technologies has been extinguished after a bill it banked on passing was blocked, stopping access to billions of dollars in funds. Last year’s 2020-21 federal budget (pdf) had allotted $1.6 billion (US$1.2 billion) to ARENA in the…