<
https://www.theguardian.com/australia-news/2023/apr/04/bhp-and-rio-tinto-among-australian-heavy-industry-calling-for-urgent-action-on-cutting-emissions>
"Some of Australia’s biggest heavy industrial companies – including BHP,
BlueScope, Rio Tinto and Woodside – say urgent action is needed from
governments, investors and business for Australia to cut greenhouse gas
emissions in line with its goal of limiting global heating to 1.5C.
A joint statement signed by 17 members of the Australian Industry Energy
Transitions Initiative follows their support for a report in February that
found they could cut direct emissions in their supply chains by more than 90%
by 2050 without relying heavily on carbon offsets.
The ETI lists several objectives necessary for heavy industry to reach net zero
emissions at a pace consistent with limiting heating to 1.5C above
pre-industrial levels, including the construction of a “large-scale,
cost-competitive, renewable energy system of the future” and the development of
“integrated net zero emissions industrial regions”.
The signatory companies did not specify what limiting heating to 1.5C should
mean for the country’s emissions reduction targets. Scientists have said it
demands an emissions cut of at least 57% and up to 75% by 2030 compared with
2005 levels – well beyond the Albanese government’s 43% target – and reaching
net zero much earlier than 2050.
The statement – which was also supported by BP, Westpac, Australian Super,
Orica, Wesfarmers, Fortescue Metals, the Australian Industry Group and the
Australian Industry Greenhouse Network – said the February report prepared by
the Climateworks Centre and the CSIRO showed how decarbonisation of heavy
industry could be achieved, but that it would require a “significant stretch in
ambition”.
The companies said they were “ready to seize this opportunity” and called on
others to join them. “We will encourage and support federal and state
governments as they develop an economy-wide suite of policies,” they said."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
