Read on Twitter
NEW @AngusTaylorMP announcements 
1) Expanding the successful Renewable Energy Agency @ARENA_aus & Clean Energy Finance Corp @CEFCAus to fund FOSSIL FUELS
Probably through 'clean hydrogen' made from coal and gas.
Thats just the start... THREAD https://www.afr.com/politics/federal/green-bodies-to-fund-hydrogen-carbon-capture-20200916-p55w1u
1) Expanding the successful Renewable Energy Agency @ARENA_aus & Clean Energy Finance Corp @CEFCAus to fund FOSSIL FUELS
Probably through 'clean hydrogen' made from coal and gas.
Thats just the start... THREAD https://www.afr.com/politics/federal/green-bodies-to-fund-hydrogen-carbon-capture-20200916-p55w1u
2) Poor @ARENA_aus takes a funding cut and lumped with a larger dirtier workload
ARENA started with $315m pa under Labor-Greens in 2011, then cut to $240 million pa under Abbott in 2014
Now its $140m pa
see @TheAusInstitute @DanJCass report
https://www.tai.org.au/content/fighting-arena-securing-australian-renewable-energy-agency
ARENA started with $315m pa under Labor-Greens in 2011, then cut to $240 million pa under Abbott in 2014
Now its $140m pa
see @TheAusInstitute @DanJCass report
https://www.tai.org.au/content/fighting-arena-securing-australian-renewable-energy-agency
3) Why less for renewables?
According to the PM in the Oz “Australia is in the midst of a world-leading boom in renewable energy with over $30bn invested since 2017”
Ahhhh but @cleannrgcouncil saying its burst to way back to 2017 levels.... https://www.theguardian.com/environment/2020/aug/19/large-scale-renewable-energy-investment-falls-to-lowest-level-since-2017
According to the PM in the Oz “Australia is in the midst of a world-leading boom in renewable energy with over $30bn invested since 2017”
Ahhhh but @cleannrgcouncil saying its burst to way back to 2017 levels.... https://www.theguardian.com/environment/2020/aug/19/large-scale-renewable-energy-investment-falls-to-lowest-level-since-2017
4) Remember all the hype around 'Clean Coal'?
Well its been upgraded to 'Clean Hydrogen'
Same fossil fuel ingredients, same CCS technology, same disastrous high polluting outcome.
Central to the dirty new mandate for ARENA and CEFC to fund https://www.smh.com.au/environment/climate-change/government-to-fund-gas-and-carbon-storage-via-clean-energy-programs-20200906-p55svj.html
Well its been upgraded to 'Clean Hydrogen'
Same fossil fuel ingredients, same CCS technology, same disastrous high polluting outcome.
Central to the dirty new mandate for ARENA and CEFC to fund https://www.smh.com.au/environment/climate-change/government-to-fund-gas-and-carbon-storage-via-clean-energy-programs-20200906-p55svj.html
5) To do this there is $70m into developing a regional hydrogen export hub
Potential locations are either brown coal, black coal or gas hubs (exception of Tas Bell Bay)!
Clearly they want to use 'clean hydrogen' to save fossil fuels.
https://www.theaustralian.com.au/nation/politics/power-to-change-renewable-energy-rules/news-story/c51c8a60d357d12c1ed496a1b5ecc121
Potential locations are either brown coal, black coal or gas hubs (exception of Tas Bell Bay)!
Clearly they want to use 'clean hydrogen' to save fossil fuels.
https://www.theaustralian.com.au/nation/politics/power-to-change-renewable-energy-rules/news-story/c51c8a60d357d12c1ed496a1b5ecc121
6) Somehow there is MORE money for the biggest boondoggle ever, Carbon Capture & Storage (essential to pretend to bury emission from making hydrogen with fossil fuels)
CCS received $1.3 billion in taxpayer support with no commercial successes for coal!
https://www.tai.org.au/content/money-nothing#:~:text=The%20Australian%20Government%20has%20put,projects%20to%20show%20for%20it.&text=Several%20proposed%20coal%20plants%20with,since%20been%20cancelled%20or%20liquidated.
CCS received $1.3 billion in taxpayer support with no commercial successes for coal!
https://www.tai.org.au/content/money-nothing#:~:text=The%20Australian%20Government%20has%20put,projects%20to%20show%20for%20it.&text=Several%20proposed%20coal%20plants%20with,since%20been%20cancelled%20or%20liquidated.
7) Clean Hydrogen is really dirty
You would get lower emissions if you burnt the coal & gas straight up instead of turning it to hydrogen
Assuming CCS will fail - which is a likely - emissions will only go up and up!
Great chart from @Fiona_J_Beck @frankjotzo @ThomasLongden3
You would get lower emissions if you burnt the coal & gas straight up instead of turning it to hydrogen
Assuming CCS will fail - which is a likely - emissions will only go up and up!
Great chart from @Fiona_J_Beck @frankjotzo @ThomasLongden3
8) Former gas executive Grant King got in there with "nearly $100m ...towards a technology co-investment fund" which he recommended
Whats that?
Just taxpayer $$ for corporations to use to save money with energy efficiency
Recap King in @renew_economy https://reneweconomy.com.au/morrison-to-redirect-climate-funds-to-carbon-capture-and-big-emitters-69241/
Whats that?
Just taxpayer $$ for corporations to use to save money with energy efficiency
Recap King in @renew_economy https://reneweconomy.com.au/morrison-to-redirect-climate-funds-to-carbon-capture-and-big-emitters-69241/
New funding @ARENA_aus "represents a funding cut to the agency" - @murpharoo @GuardianAus
ARENA funding - history
Under Gillard - $315m pa
Under Abbott - $240m pa
Under Morrison - $140m pa
....and it has to do more (inc fossil fuels) with less https://www.theguardian.com/australia-news/2020/sep/17/coalition-to-divert-renewable-energy-funding-away-from-wind-and-solar
ARENA funding - history
Under Gillard - $315m pa
Under Abbott - $240m pa
Under Morrison - $140m pa
....and it has to do more (inc fossil fuels) with less https://www.theguardian.com/australia-news/2020/sep/17/coalition-to-divert-renewable-energy-funding-away-from-wind-and-solar
Renewable announcements today are disappointing and @AngusTaylorMP admits its instead of "mandated targets"!
All this hype is to avoid setting actual reduction plans over the next 10,20,30 years.
Where is the long-term strategy?
https://www.canberratimes.com.au/story/6928585/govt-to-widen-arena-remit-fund-new-fridges-for-pubs-in-low-emission-push/ @sallywhyte
All this hype is to avoid setting actual reduction plans over the next 10,20,30 years.
Where is the long-term strategy?
https://www.canberratimes.com.au/story/6928585/govt-to-widen-arena-remit-fund-new-fridges-for-pubs-in-low-emission-push/ @sallywhyte
The Government has touted ARENA’s successes 149 times between 18 Sept 2013 and 30 July 2019
Since July 2014, 100% of press releases positive.
Its reward?
A reduction in funding!
Why I was disappointed on @RNBreakfast this morning #auspol https://www.abc.net.au/radio/programs/am/coal-gas-producers-big-winners-under-$1.9-b-energy-package/12672252
Since July 2014, 100% of press releases positive.
Its reward?
A reduction in funding!
Why I was disappointed on @RNBreakfast this morning #auspol https://www.abc.net.au/radio/programs/am/coal-gas-producers-big-winners-under-$1.9-b-energy-package/12672252
