Senate debates

Thursday, 12 August 2021

Questions without Notice

Climate Change

2:25 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

(—) (): The answer to that is: absolutely. Absolutely, they have. That's precisely what our Technology Investment Roadmap is all about: getting the breakthroughs in technology to enable us to achieve emissions reductions, to enable us to chart that course to net zero and to enable us to do it in ways that maintain Australia's competitiveness, maintain employment and opportunities for jobs for Australians, and maintain position for Australian businesses. That road map outlines the work that we are pursuing: our target to achieve clean hydrogen of under $2 per kilogram, our target to achieve energy storage at under $100 per megawatt hour, our target to achieve carbon capture and storage at under $20 per tonne of CO2, our target to achieve low-carbon steel of under $900 per tonne or low-carbon aluminium of under $2,700 per tonne, and our target to be able to measure and achieve soil carbon improvements at under $3 per hectare. Getting those targets achieved is how you make transformation here and abroad. (Time expired)

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