comparemela.com

Page 3 - ஆய்வு சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

No place to hide : pressure on Australia to end support for new fossil fuel projects after IPCC report | Climate change

No place to hide : pressure on Australia to end support for new fossil fuel projects after IPCC report | Climate change
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

Oil and gas industry facing $60 billion clean up costs for their own rigs

Oil and gas industry facing $60 billion clean up costs for their own rigs We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement New laws to force big gas producers to pay the cost of removing their offshore rigs from the ocean are expected to pass parliament this week, sparking an unlikely division between the federal government and the petroleum industry. Resources Minister Keith Pitt said the total industry bill for decommissioning oil and gas rigs would hit $60 billion and his reform is needed to prevent a repeat of the Northern Endeavour incident, in which the decommissioning cost for an aging production vessel ended up on the Commonwealth’s books.

Move to disallow Australia s renewable energy agency from funding CCS and blue hydrogen

Labor and the Greens got the government’s first attempt to introduce similar regulations disallowed in June. However, they were helped by One Nation leader Pauline Hanson’s absence from the vote, which proved decisive. The shadow minister for climate change and energy, Chris Bowen, said Labor would support new safeguards on the implementation of 2020 Budget measures in the revised regulations, but voiced opposition to one section in particular. Fossil fuels are now begging for public handouts to stay afloat, but public money should go to renewables instead. Greens Leader Adam Bandt This is the section that would allow Arena funding to be used for blue hydrogen which is produced using fossil fuels and CCS projects.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.