State and federal environmental approval processes are jeopardising tens of billions of dollars of investment in green steel and renewable energy infrastructure, experts warn.
Already a subscriber?Environmental approval processes are obstructing critical renewable energy infrastructure needed to develop a lucrative green steel industry in Western Australia’s resource-rich Pilbara, experts warn.
“The consequences of acting too slowly or inefficiently will be severe … This is a major risk to Australia’s economic security,” Dr Finkel said. “Australia has the potential and scale to dominate in green iron, but absent timely action on energy supply decarbonisation in the Pilbara underpinned by common-user infrastructure, we risk forgoing this once-in-a-century opportunity,” the report says.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Green hydrogen too ‘expensive and inefficient’ for energy transition: Alan FinkelFormer chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.
Read more »
Australia’s green steel future threatened by lack of speedIf the steel industry was a country it would be the world’s third-largest emitter of greenhouse gases after the United States and China.
Read more »
Steven James Alan Dean sentenced over murder of mother-of-two Emmerich Laseker in Kewdale, Perth7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Qantas reduces Alan Joyce’s final pay packet after a scathing external review into his leadershipFormer Qantas boss Alan Joyce will have over $9 million shaved off his final pay-out following a scathing external review into the airline's governance. It’s a damning postscript to Alan Joyce's 15-year reign at Qantas which ended last September.
Read more »
Alan Joyce turned Qantas into a ‘despised corporate dictatorship’: TWU bossFormer Qantas Group CEO Alan Joyce turned the national carrier into a “despised corporate dictatorship” the Transport Workers' Union National Secretary Michael Kaine declared amid revelations Mr Joyce had $9.26 million of his bonus docked.
Read more »
QAN ASX: Former Qantas boss Alan Joyce to lose more than $9m in bonusesThe airline had commissioned a review into governance amid broad dissatisfaction from customers and a barrage of legal claims last year.
Read more »