Tag: decarbonisation

Australia's national science agency CSIRO and GHD Advisory have released a new report that urges the country to prioritise hydrogen-powered transportation alongside electric vehicles or risk falling behind its global counterparts.

BlueScope has made a $1.15 billion investment in the relining and upgrade of the No.6 Blast Furnace (6BF) Port Kembla Steelworks and announced a dip in profit in fiscal year 2023. 

Hysata, a Wollongong-based electrolyser company, has opened its new 8,000 sqm global headquarters and electrolyser manufacturing plant in Port Kembla. 

Reliance Industries, a Fortune 500 company and India’s largest private-sector enterprise, recently signed a memorandum of understanding (Mou) with Brookfield Asset Management to boost onshore renewable power and decarbonisation equipment manufacturing in Australia. 

Australian hydrogen technology startup H2X Global will accelerate the rollout of its hydrogen-powered vehicle lineup in both local and international markets after securing a USD 57 million (AUD 87 million) investment agreement with United States-based Verde Mobility.

Toyota Australia and mining giant BHP are strengthening their long-standing partnership with a new effort that will drive the electrification of BHP’s fleet of Toyota vehicles. 

The Cook Government has initiated an exclusive negotiation period with a major South Korean renewable energy group to build Western Australia's first green ammonia plant near Geraldton – an initiative that  Energy Minister Bill Johnston said would enable significant local manufacturing and jobs in the region.

The University of Technology Sydney (UTS) is hosting this year’s “Decarbonising Australia Business Summit: Partnering with Japan on the Transition to Net Zero” event, taking place from 26 to 28 July.

New national research has reported that Australian businesses appreciate the urgency of reaching net zero emissions as a key driver of economic competitiveness and climate resilience, but many are not acting rapidly enough to address this important challenge.

The Climate Council has applauded Prime Minister Anthony Albanese's declaration that Australia will join the Climate Club, a global effort aimed at achieving net zero emissions and industrial decarbonisation.