Australia’s biggest thermal coal and LNG customer, Japan, has announced new 2030 targets for their electricity sector, slashing the amount of coal and gas they intend to use, with a 41% cut in thermal coal and 46% cut in gas over the next 10 years.

Given Australia’s high reliance on Japan, these new targets could see the Australian thermal coal industry slashed by almost 20% by 2030, putting the lie to Liberal and Labor’s claims that coal will continue to be mined and exported for decades to come. 

I rise to speak on the matter of urgency. The contrast is becoming so clear. As the world moves away from digging up fossil fuels, it is Australia's absolute shame that the Liberals are propping up oil and gas by funnelling endless taxpayer dollars to this dying industry. No amount of actual science or the climate disasters that we have been witnessing in our own back yard—the fires, the floods and the heatwaves—seems to convince this government that digging up fossil fuels is dangerous in the extreme. It is killing us. It is destroying our livelihoods, our communities and our planet.

As the Prime Minister pins all his hopes on technology to save his government’s complete lack of any climate policy, his financial commitment doesn’t match up to his marketing.

In the wake of President Biden’s announcement of a $2 trillion climate infrastructure package, Scott Morrison has proposed a $539 million hydrogen and CCS hub spend to spruik his low emissions technology strategy, 3700x less in total and 290x less per capita than the Biden administration.

The release of a new report shows only the Greens have a climate policy in line with the science.

The Climate Council report, Aim High, Go Fast, which drew from new data from the Intergovernmental Panel on Climate Change identifies the need for 75% emissions reduction from Australia by 2030 - in line with the Greens policy but 3 times the Coalition’s current target (26-28%). Meanwhile the Labor party has no articulated 2030 target at all.

Greens Leader, Adam Bandt, says Labor at its national conference has joined the Liberals by backing gas and having no 2030 target, leaving voters who want action on climate change with only the Greens.

“Gas is as dirty as coal. If you back new gas fields, you’re not serious about stopping the climate crisis,” Bandt said.

Greens Leader, Adam Bandt, will introduce a Bill into the House of Representatives that would prevent the government using the Snowy Hydro group to build new gas-fired power stations. The Bill will be seconded by Independent MP, Zali Steggall.

Energy and Emissions Reduction Minister Angus Taylor has given the NSW market until the end of April 2021 to make final investment decisions on 1000 MW of new dispatchable capacity to replace Liddell or he says he will direct Snowy Hydro to invest in a new gas-fired power station in the Hunter.

The release of a report planning for the end of coal by the right-leaning Blueprint Institute shows that all sides of politics were now calling for a managed transition out of coal, Leader of the Australian Greens Adam Bandt MP said.

“The time of coal is over and the time for clean energy has begun,” Mr Bandt said. “When even conservative think tanks are putting forward proposals to leave coal, you can tell this transition is unstoppable.