Showing posts with label ARENA. Show all posts
Showing posts with label ARENA. Show all posts

Thursday, 17 September 2020

Australia's government channels government green funds away from renewables towards subsidies for fossil fuels.

(Pics by this blog)

ARENA to get $1.4 billion as Coalition channels funds to CCS, hydrogen and pubs (excerpt): RenewEconomy

The federal Coalition government has finally decided to extending the funding for the Australian Renewable Energy Agency, but will – as predicted – push both ARENA and the Clean Energy Finance Corporation away from wind and solar into other “low emission” technologies, including carbon capture and storage.

 

ARENA and CEFC have played critical roles in advancing Australian renewable, storage and other critical enabling technologies since their creation in 2012, and despite repeated attempts by the Coalition government to dismantle them, and severe cuts to ARENA’s original budget.

ARENA – which is now nearly exhausted of funds, and had its board recently stacked with Coalition favourites – is to be given “guaranteed baseline funding” of $1.427 billion over the next 10 years, and will be given extra allocations in the annual budget. For 2020/21, that will amount to $191 million.

This is part of a $1.9 billion package to the two green funds that will include money for CCS, a regional hydrogen hub, along with many of the project identified by a group led by former Origin Energy CEO Grant King, and even some money for pubs to upgrade their refrigeration systems.

 

The government will change the mandates of both ARENA and the CEFC so they can more or less follow the government’s Technology Roadmap which is to be finalised in the next couple of weeks, and which looks at technologies beyond wind and solar, including gas, hydrogen and CCS.

 

The push to broaden the mandate into “low emissions” technologies will require parliamentary approval – rejected by the Senate when the Coalition first tried to scrap the bodies – and comes just days after the unveiling of a major gas package, and the government’s extraordinary ultimatum to build a 1GW gas plant in the Hunter Valley.

 

Go to Renew Economy's complete article by Giles Parkinson

 

PM Morrison,#Australia,#methanegas,coal mining,gas,ARENA,#fossilfuelcompanies,role of media,

 

 

Sunday, 9 August 2020

Gillard on climate action: “It was done. And … we can do it again in the future”: RenewEconomy

#jailclimatecriminals
Vote for my future climate
Former Labor prime minister Julia Gillard has expressed optimism that Australia will eventually embrace strong climate policy while defending her government’s carbon price policy as one of the most effective measures introduced in Australia to cut emissions.

Speaking during a web forum organised by the Australia Institute, Gillard said that the evidence was clear that the carbon price introduced by her government successfully worked to cut Australia’s emissions without being a burden on the Australian economy.

Talk of Australia’s climate policy failures often focuses on Kevin Rudd’s CPRS, rejected by the Coalition after Tony Abbott emerged as their leader. Somehow, the Greens are blamed for this failure but it is often forgotten that the Greens worked with Labor to deliver the carbon price, along with ARENA and the CEFC.

Marking ten years since Gillard became prime minister, the former Labor leader was asked to reflect on the performance of the carbon price, which ultimately proved to be politically damaging, despite being effective policy.

“Australia’s emissions were going up; our carbon price came into effect, they went down. Then, it was repealed by the Abbott government and there they go, back up. So we would be in a different and better place on climate had that scheme endured,” Gillard said.

Read more in the original Renew Economy article 

Related:

Does Australia's government take climate change seriously: Sky News UK