"It is what ARENA seeks to do, it is what the Clean Energy Finance Corporation seeks to do, and if we can leverage that money it is a very, very good public policy outcome."
Mr Wilder believes that net zero emissions will need to be brought forward by up to 20 years from current 2050 targets, and so CCS needs to be explored, particularly for heavy emitting industries such as cement manufacturing. It was not just the Opposition expressing doubts about the roadmap, however, with Nationals senator and strident coal supporter Matt Canavan telling Sky News that, while he agrees with the aims of the roadmap the economy needs jobs and cheaper energy now.
"What's really important now is understanding how that investment will play out, because if we don't have a certain level of co-ordinated investment the system may end up very unbalanced."
Source: Energy Industry News (energyindustrynews.net)
Uncle Rupes?
Anthony Albanese Sep 16, NO plan to do anything about climate change for the next three years BUT should they win the election, will want Zero emissions by 2050 Hmm: This will DESTROY mining and agricultural JOBS No more fossil fuel 'GAS'
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