LNG at risk as Australia’s policy inaction continues
An absence of energy policy and uncertainty as emissions deadlines loom could see LNG operators shoulder a higher share of the emission reduction burden An absence of energy policy and uncertainty as emissions deadlines loom could see LNG operators shoulder a higher share of the emission reduction burden.
12 October 2017
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The Pluto LNG plant falls under the Safeguard Mechanism. (Woodside)
The Australian government’s indecision over the future of coal-fired power stations may shift the burden of meeting the country’s 2030 emission reduction targets to other areas, such as LNG.
Australia’s LNG sector may be expected to shoulder a larger share of the responsibility for achieving the country’s 2030 emission reduction target unless political divisions can be resolved and policy made to significantly reduce emissions in the power generation sector.
In August 2015, the government committed to reduce emissions by 26-28% by 2030 compared with 2005 levels. However,...
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