https://www.miningweekly.com
Cement|Coal|Energy|Gas|Operations
Cement|Coal|Energy|Gas|Operations
cement|coal|energy|gas|operations

Australian Energy Minister rules out ban on new coal mines

27th February 2023

By: Bloomberg

  

Font size: - +

Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.

“That’s not part of our agenda,” Chris Bowen said when asked directly about the prospects for a ban on the ABC’s Insiders TV program on Sunday. “It won’t be part of those negotiations.”

The government was elected on a pledge to end the country’s climate wars and last year passed landmark legislation mandating emissions cuts of 43% off 2005 levels by 2030. However, the bill left the detail on how the cuts will actually be achieved to future debate.

The overhaul of its carbon pricing policy, which aims to abate about 205 million tons by the end of the decade, is one of the first skirmishes. The so-called safeguard mechanism would cover about 215 entities that account for around a quarter of Australia’s total emissions. High-polluting facilities would be forced to reduce pollution or pay costs.

The Green Party, who control a crucial block of votes that the government is courting for other legislative priorities, is trying to push the government to go further and rule out new coal and gas operations. They are also concerned about the role of using carbon credits to offset emissions.

Bowen defended the use of such offsets, saying they were essential for industries such as cement to keep operating without laying people off or reducing production.

“When you’re embarking on such an ambitious proposal, you should provide flexibility,” Bowen said. “My job is to get emissions down from all our emitters.”

Edited by Bloomberg

Comments

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.132 0.169s - 92pq - 2rq
Subscribe Now