By Tony Wood, Grattan Institute The federal government has announced a long-awaited climate change target for 2035, committing to a reduction in emissions of between 62 per cent and 70 per cent below 2005 levels. Environmentalists claim the target is a failure, while some business groups and the opposition are likely to slam it as…
By Alison Reeve, Grattan Institute As the world looks for ways to tackle climate change, Australia has invested heavily in green hydrogen. Green hydrogen is shaping as the best option to strip carbon emissions from some industrial processes, such as iron-making and ammonia production. But making the dream a reality in Australia is proving difficult.…
By Alison Reeve, Grattan Institute If you listen to the dreamers, hydrogen is the magical fuel of the future that can replace everything from the petrol in your car to the coal in a steelworks. Hype around hydrogen has been building in Australia since at least 2018. Every government has a hydrogen strategy. Hydrogen has…
By Tony Wood, Grattan Institute Australia has a legislated target to reduce greenhouse emissions, a federal government with commitments to increase the share of renewable electricity and reduce power prices, and a globally important economic opportunity at its feet. In the second half of the government’s current term, delivery looks hard across the board. All…