Australia will exploit gas beyond 2050 despite its commitment to neutral emissions

Australia will exploit gas beyond 2050 despite its commitment to neutral emissions
Australia will exploit gas beyond 2050 despite its commitment to neutral emissions

Sydney (Australia), May 9 (EFECOM).- The Government of Australia, one of the largest gas exporters in the world, published this Thursday a plan to promote the exploitation of this fossil fuel in the coming decades, despite its commitment to achieve neutral emissions by 2050.

“Gas will remain an important energy source beyond 2050, and its uses will change as we improve industrial energy efficiency, consolidate renewable energy and reduce emissions,” Australian Resources Minister Madeleine King said today in a statement.

The ‘Future Gas Strategy’, published today, seeks to avoid gas shortages in Australia through the promotion of gas projects in order to ensure that this fossil fuel continues to be exported and affordable for Australian families and traders.

It also encourages the leasing of a greater amount of maritime surface for carbon capture and storage, among other measures to ensure a safe transition to a green economy.

“Ensuring Australia continues to have adequate access to gas at reasonable prices will be key to achieving an 82% renewable energy grid by 2030 and achieving our commitment to net zero emissions by 2050,” said Labor Government Minister Anthony Albanese, who took power with a promise to fight the climate crisis.

This resource represents 27% of the Australian energy market and 14% of the export income of the oceanic country, which will obtain about 72,000 million Australian dollars (47,398 million US dollars or 44,078 million euros) from the sale of liquefied natural gas ) in the fiscal year 2023-24, according to official data.

“Labour has announced a supposed strategy to extend the life of climate-destroying gas well beyond 2050. This is a giant step towards a dark past, terrible for our climate future and must be abandoned,” he complained today in social network X the Australian Conservation Foundation in criticizing the plan.

For its part, the Australian Institute highlighted today that the plan ignores the fact that only a minimal part of gas production is destined for the domestic market given that most of it is exported to nations such as Japan and South Korea.

This non-governmental organization also criticized the Government today for supporting its strategy on a “false promise” of carbon capture and storage to justify the expansion of these polluting activities. EFECOM

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