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Senator the Hon Robert Hill
Leader of the Government in the Senate
Minister for the Environment and Heritage
The $3.5 billion Papua New Guinea Gas Project which will provide a cost-effective alternative to coal-fired power generation in Queensland for the first time is the latest project to sign up to the Federal Government's Greenhouse Challenge.
"The continued recruitment of such major projects demonstrates that Australian industry sees the Greenhouse Challenge as a valuable program for now and the future," the Minister for the Environment and Heritage, Senator Robert Hill, said.
"Greenhouse Challenge is at the forefront of the Government's voluntary approach to greenhouse.
"I am pleased to see continued commitment from industry to our approach and that some sectors in Australia are prepared to take responsibility for their actions.
"The project takes to 388 the distinguished Australian companies already taking part in the Challenge and another 234 firms are committed to joining."
"This project demonstrates the importance of taking early action to address greenhouse," the Minister added.
Work on the 3,250 kilometre project pipeline from Torres Strait to Brisbane will begin in 2001, with the capacity to deliver up to 17 million cubic metres of gas a day by 2004.
The project will save about 7.4 million tonnes of CO2 equivalent by 2014 - the same as eliminating more than 10 per cent of the total 1998 emissions from the entire Australian transport sector.
Senator Hill said the PNG Gas Project was of extra significance because it was joining the Greenhouse Challenge as a 'greenfields' site during the planning stages which meant greenhouse issues would be considered from the start.
Greenhouse Challenge is part of the Australian Greenhouse Office, the Commonwealth's lead agency on greenhouse matters and the world's first dedicated national greenhouse organisation.
It advises industry on the best ways to cut greenhouse gas emissions for a better environment and for more efficient operations with lower production costs.
31 August 2000
Matt Brown (Senator Hill's office) 02 6277 7640 or 0419 693 515
Carol Bartley (Australian Greenhouse Office) 02 6274 1859 or 0412 994 800