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New report flags risks of climate inaction for Australia s major exporters

An offset loophole could be the saviour for high emissions fossil hydrogen

24 June 2021 Putting aside the incredible spectrum of emotions that seem to be surrounding hydrogen as a technology, a concept or a political symbol, it is very much a thing worth paying very close attention to. In terms of a substance used industrially, it is quite old, but as an energy technology – or a climate technology – it is very new. A debate exists about exactly what it’s good for. Hydrogen maximalists insist that it’s basically good for everything: chuck it in power plants, chuck it in cars – it’s magic. You can also find people who truly cannot abide the possibility of a single stray molecule being used in a decarbonised economy. It burns cleanly when it’s used as a fuel and can be stored in greater quantities than electricity, but it’s explosive, tricky to make, and tricky to store.

Faking climate action will be the main game at major gas conference

15 June 2021 Every fossil fuel company in the world is struggling to cope with climate change. Not the actual, real-world phenomenon, which they’re actively worsening – but the social, cultural and economic changes that arise as we try to undo the damage. Recently, the International Energy Agency put out a report that examined what’s required to reach net zero emissions in energy by the year 2050. Unsurprisingly, that included ending exploration for new coal, oil and gas: existing mining operations already supply enough to meet demand as it rapidly declines, in a net zero scenario. It was well known prior, but the IEA taking this position was a significant moment.

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