The QRC has welcomed the Federal Government’s announcement of a further $539.2 million in funding for new emissions reduction projects, calling it a necessary and pragmatic step towards helping Australia meet global emission targets.
QRC Chief Executive Ian Macfarlane said climate change is a critical global challenge and the resources sector, as Queensland’s largest export industry – was heavily invested in finding a responsible solution.
“QRC members are actively pursuing and investing in emission reduction initiatives to reduce their carbon footprint, so these new Commonwealth funds will help accelerate that progress,” Mr Macfarlane said.
“It’s also great to see the Federal Government recognise the sequestration opportunities available in Queensland like the work that Glencore and Millmerran Power Station are doing near Wandoan.