One possible remedy to a world drowning in plastic has been under development since 2005. Brent Balinski speaks to Licella.
Brent Balinski speaks to Samantha Read, Chemistry Australia’s CEO, about the new Chemical Sector Economic Contribution Analysis report, the effects of high gas prices, and the importance of economic complexity.
Research released on Tuesday by Chemistry Australia estimates the chemical sector’s annual economic contribution to Australia as $37.7 billion and 212,000 full-time jobs, and found that each petajoule it uses creates 33 times more value than the LNG industry and 68 times more value than if that gas was used to create power.
“The Liberal-National government will help secure gas supplies, put downward pressure on prices and encourage new investment in gas supplies,” Tuesday’s announcement says.
A gas reservation is under consideration by the federal government following several years of resistance to the idea from both sides of federal politics, with resources minister Matt Canavan citing the success of the reservation scheme in WA.
Last year Australia sold more than 7,000 tonnes of uranium, at a value of nearly A$600 million. This uranium produced nearly as much energy as Australia uses in a year, but with less than 10% of the carbon dioxide from coal-fired power stations.
One of Australia’s leading craft breweries is looking to a cutting edge thermal energy storage system to provide the heat required to make its beer.
The state’s largest gas distributor, Jemena, has announced the purchase of NSW’s first electrolyser, which will create hydrogen for a five-year trial to introduce hydrogen to the gas grid.
A CSIRO assessment of whole-of-life greenhouse gas emissions associated with the Queensland coal seam gas (CSG) to liquefied natural gas industry (LNG) has identified major greenhouse gas reduction opportunities for electricity generation. The report into gals and electricity production from the Suart Basin found that switching from black coal to Suart CSG for fuel offered…
Fertiliser and industrial chemicals manufacturer Incitec Pivot (ASX: IPL) has reported progress in an ambitious project to add to the eastern Australian domestic supply of gas. The company, whose major input is gas which has become prohibitively costly on the east coast, reported progress on its 50-50 joint venture with Central Petroleum (ASX: CTP) at…