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NEW @AngusTaylorMP announcements 
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤦‍♂️" title="Mann schlägt sich die Hand vors Gesicht" aria-label="Emoji: Mann schlägt sich die Hand vors Gesicht">
1) Expanding the successful Renewable Energy Agency @ARENA_aus & Clean Energy Finance Corp @CEFCAus to fund FOSSIL FUELS
Probably through & #39;clean hydrogen& #39; 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">https://www.afr.com/politics/...
1) Expanding the successful Renewable Energy Agency @ARENA_aus & Clean Energy Finance Corp @CEFCAus to fund FOSSIL FUELS
Probably through & #39;clean hydrogen& #39; 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">https://www.afr.com/politics/...
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 reporthttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten"> https://www.tai.org.au/content/fighting-arena-securing-australian-renewable-energy-agency">https://www.tai.org.au/content/f...
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
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">https://www.theguardian.com/environme...
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">https://www.theguardian.com/environme...
4) Remember all the hype around & #39;Clean Coal& #39;?
Well its been upgraded to & #39;Clean Hydrogen& #39;
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">https://www.smh.com.au/environme...
Well its been upgraded to & #39;Clean Hydrogen& #39;
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">https://www.smh.com.au/environme...
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 & #39;clean hydrogen& #39; to save fossil fuels.
https://www.theaustralian.com.au/nation/politics/power-to-change-renewable-energy-rules/news-story/c51c8a60d357d12c1ed496a1b5ecc121">https://www.theaustralian.com.au/nation/po...
Potential locations are either brown coal, black coal or gas hubs (exception of Tas Bell Bay)!
Clearly they want to use & #39;clean hydrogen& #39; to save fossil fuels.
https://www.theaustralian.com.au/nation/politics/power-to-change-renewable-energy-rules/news-story/c51c8a60d357d12c1ed496a1b5ecc121">https://www.theaustralian.com.au/nation/po...
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.">https://www.tai.org.au/content/m...
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.">https://www.tai.org.au/content/m...
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 $$ for corporations to use to save money with energy efficiency
Recap King in @renew_economy https://reneweconomy.com.au/morrison-to-redirect-climate-funds-to-carbon-capture-and-big-emitters-69241/">https://reneweconomy.com.au/morrison-...
Whats that?
Just taxpayer $$ 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/">https://reneweconomy.com.au/morrison-...
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">https://www.theguardian.com/australia...
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">https://www.theguardian.com/australia...
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/">https://www.canberratimes.com.au/story/692... @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/">https://www.canberratimes.com.au/story/692... @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">https://www.abc.net.au/radio/pro...
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">https://www.abc.net.au/radio/pro...
