If the government won't gradually tighten emission limits for Safeguard facilities, it should support good performers with cheap loans, not special carbon credits, according to the Climate Change Authority.
The company behind the 1,000 kilometre-long, $1.5 billion proposed CopperString transmission line today announced it has signed an implementation agreement with the Queensland government.
Oliver Yates, the inaugural chief executive of the Clean Energy Finance Corporation, says the government has made incorrect claims about the CEFC's existing powers, and has accused it of deception.
The federal government is targeting price reductions that would make CCS almost cost-neutral if it could earn carbon credits, allow green steel and aluminium to be produced with no price premium, and slash soil carbon costs by 90%.
The federal government will tip an extra $1.8 billion into climate action over 10 years, with a stronger emphasis on hard-to-abate sectors, hydrogen, transport, energy productivity, soil carbon and CCS.
The Morrison government today introduced a Bill establishing a new CEFC-administered $1 billion Grid Reliability Fund that will finance gas-fired generation, as well as transmission and energy storage projects.
The director of a company that allegedly provided false information to secure a $729,000 recycling grant must hand over documents sought by the NSW Environmental Trust, a court has ruled.