Regional Australia will be promised a jobs boom from clean energy in a looming federal climate policy that lifts spending on hydrogen projects in a bid to cut greenhouse gas emissions to net zero by 2050.
Energy Minister Angus Taylor plans to use his visit to the United Nations climate summit in Glasgow next month to talk to counterparts from other countries about investing in Australian hydrogen exports.With Nationals leader Barnaby Joyce demanding a deal for the regions, Mr Morrison will debate the climate plan with cabinet ministers on Wednesday ahead of meetings with backbenchers to decide the final policy early next week.
The hydrogen plan is emerging as a key pledge to calm fears among the Nationals about the damage to coal and gas exporters from the 2050 goal and any move to increase Australia’s emissions target for 2030.Energy Minister Angus Taylor plans to use his visit to the United Nations climate summit in Glasgow next month to talk to counterparts from other countries about investing in Australian hydrogen exports in the same way they backed the gas industry over decades.
The government has announced $464 million for a series of hydrogen “hubs” that could be built in Gladstone in Queensland, the Hunter Valley in NSW, the Latrobe Valley in Victoria and Bell Bay in Tasmania to produce energy that could be exported similarly to liquefied natural gas.Mr Taylor is identifying other locations for projects in key parts of Queensland where the Liberals and Nationals want to shore up support at the next federal election, including Mackay, Toowoomba and Townsville.
Source: Energy Industry News (energyindustrynews.net)
CroweDM Also is likely to get smoked in the next election. Tanya for leadership of the opposition then?
CroweDM Prove it with actions not PR rhetoric
CroweDM Who do you trust to deliver a net zero, clean energy future?
CroweDM It’ll happen. But not when the LNP is in power.
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