Australia sitting on 'climate bomb' as gas superpower
Critics say Angus Taylor cannot do justice to both his portfolios of energy and emissions reduction if he subsidises the gas industry in the technology roadmap being finalised this month by chief scientist Alan Finkel. Image credit: Richard Wainwright/AAP
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Hydrogen, batteries, green steel, carbon capture and storage, and soil carbon are the big roadmap winners; voters aren't keen on a gas recovery; and the second round of Victorian energy auctions could buy battery services, not just renewables.
The Prime Minister insists gas "chose itself" ahead of the government's technology roadmap release; research says Marinus Link could drive up Tasmanian power prices; and Glencore says its huge Queensland coal project can't be blocked by UniSuper.
Labor's Joel Fitzgibbon says the party should "help" the government enact its energy policy; optional contracts dominate 11th ERF auction; and UniSuper won't divest its fossil fuel holdings, though it backs net zero by 2050.
ARENA's new funding, and expanded remit, draw bouquets and brickbats; the government is considering the Million Jobs Plan as part of its pre-Budget process; and energy market participants can keep cooperating until March due to Covid-19.