Supporting new fossil fuel projects is completely inconsistent with the broader goal of achieving net zero emissions by 2050 - and will not improve energy security.
Oil supply is very tight, and the current geopolitical crisis involving Russia, one of the world’s largest oil producers, has pushed prices over the edge.
Russian President Vladimir Putin has used his country’s massive energy reserves effectively for political influence. But with war in Ukraine, nations are looking for ways to cut those ties.
Plus, the Beijing Winter Olympics are using 100% artificial snow: what does that mean for the environment, and the athletes? Listen to The Conversation Weekly podcast.
Negotiations between Western democracies and Russia over the fate of Ukraine took place against a backdrop of Russia troops entering Kazakhstan. It’s a reminder that Russia is willing to play tough.
The roadmap predicts that by the 2030s, the sector could boost Australia’s annual GDP by around A$10 billion, create 26,200 jobs and reduce emissions by about 9%.