Broader investment in low-emissions technology a necessary and realistic step to support future decarbonisation

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The changes announced by the Morrison Government expanding the list of technologies which ARENA can support is a necessary and realistic approach which will help Australia realise the full potential of technology to support future decarbonisation.

All technologies should be considered to meet the twin challenges of lowering greenhouse gas emissions while  meeting increasing demand for Australian resources.

ARENA’s ability through a new regulation to support R&D in new areas such as carbon capture use and storage, hydrogen, improved soil carbon measurement and emission reduction technologies for energy intensive processes will give the agency renewed impetus in supporting a pragmatic approach to delivering real emissions reduction.

This approach by the government also complements the extensive efforts of Australia’s diversified mining sector which is already taking action and investing in the R&D, technologies and minerals that will be critical for decarbonisation.

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