Osaka Gas offers support to green hydrogen project in Australia

Osaka Gas Co Ltd said it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider potential investment in future. The Desert Bloom Hydrogen project, backed by Singapore-based Sanguine Impact Investment Group, will use a unique technology to suck water out of the air and solar power

Fossil Fuel industries getting huge subsidy benefits in Australia

New research has revealed the fossil fuel industry benefits from more than $22,000 in subsidies per minute in Australia. The study, released by the Australian Institute of Research on Monday, showed subsidies cost Australians a staggering $11.6bn every year. This is a 12 per cent increase on last year’s figure and 56 times the budget

Australia proposes to be a big green hydrogen exporter to Asia

In its latest budget, the federal government has promised hundreds of millions of dollars to expand Australia’s green hydrogen capabilities. Green hydrogen is made by electrolysis of water, powered by solar and wind electricity, and it’s key to the government’s “technology not taxes” approach to meeting its climate target of net-zero emissions by 2050. The

Australian LNG exports to Europe likely to increase

Australian exporters could secure new LNG export contracts for existing and new projects to Europe over the next few years as the region seeks to avoid a long-term gas crunch. LNG prices have soared in recent weeks, hitting a six-month high recently, as importers scramble to source new supplies to reduce their dependence on Russia.

Investment to accelerate Australia’s energy transition to net zero

Business — both big and small — is under no illusion as to the magnitude of the task at hand, in achieving Australia’s pledge to become a net-zero carbon dioxide-emitter by 2050. Increasingly it is falling to business to carry the standard to keep global warming below 1.5 degrees above pre-industrial levels. With the first

Australia announces new biofouling measures

New requirements for managing biofouling on international vessels arriving in Australia will begin on 15 June 2022. The Department of Agriculture, Water and the Environment is working closely with Australian and international shipping industries and recreational vessel operators on a number of initiatives. Operators of all vessels subject to biosecurity control will be required to

Australia must shift from fossil fuels or risk more than 100,000 jobs

A failure to engage with the global shift towards decarbonisation is putting thousands of jobs in regional Queensland and Western Australia at risk, as global demand for coal and gas plummets. New research published by the Centre for Policy Development (CPD) estimates that between 100,000 and 300,000 Australian jobs in emissions-intensive industries – and mostly

Fossil fuel industry asks Morrison government for more support for CCS

The fossil fuel industry has called on the Morrison government to provide further support for troubled carbon capture and storage projects, as lobby groups turn their focus to the forthcoming federal budget. In a submission to the Morrison government’s budget consultation process, the Australian Petroleum Production and Exploration Association (APPEA) – a leading lobby group

Hydrogen injects reality into gas-fired energy transition

This week’s world’s first shipment of liquid hydrogen from the port of Hastings in Victoria to Japan may prove as important to Australia’s future prosperity as the first shipment of iron ore to depart the Pilbara was in the 1960s. It marks an important milestone in the transition that Australia’s fossil fuel-based resource economy seeks

Australian farm co-op CBH trials biofuel-bunkered cargo ship

Australian grain co-op CBH Group has partnered with leading dry bulk operator Oldendorff Carriers to conduct the first biofuel trial on a grain vessel exporting from Australia. CBH Marketing and Trading is shipping 30,000 tonnes of sustainably certified malting barley aboard the Edwine Oldendorff, which is sailing from Albany Grain Terminal to Vietnam. The vessel