By the end of this year, Santos will complete a study on producing hydrogen from Cooper Basin natural gas, and make a final investment decision on carbon capture and storage at its Moomba gas plant.
Opposition leader Anthony Albanese specified only two non-negotiable matters, in a Press Club speech today in which he urged Prime Minister Scott Morrison to negotiate a bipartisan energy policy.
In a new climate action plan, the Minerals Council undertakes to convene an expert panel to advise it on decarbonisation, and says it will consider "aspirational take-up rates" for low-emissions and abatement technologies.
The world must build up to 100 carbon capture facilities each year to 2050, but over the past decade the annual average has been only one, says a new analysis from the Global CCS Institute.
Shareholder climate resolutions fell just short of majority support at today's Santos AGM, and chairman Keith Spence stressed that the company's CCS investments will be unaffected by its COVID scale-back.
Woodside's proposed Browse field development is close to a good carbon storage zone, as are a number of other Australian oil and gas projects, according to Global CCS Institute chief executive Brad Page.
A revised project plan for Woodside's massive Browse gas field development is likely to include CO2 capture and storage at a cost of at least $100 per tonne.