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Australian Minister for the Environment and Heritage
Senator the Hon. Ian Campbell
25 October 2006
New low emission energy technologies supported by the Australian Government have the potential to make major reductions in Australia’s greenhouse gas emissions, the Minister for the Environment and Heritage, Senator Ian Campbell said today.
Senator Campbell said funding announced today of $125 million for two low emissions technology projects in Victoria was a key component of the Australian Government’s investment of $2 billion to address the impacts of climate change.
The two projects – Solar Systems and Hazelwood power station – are the first funded and announced under the Australian Government’s $500 million Low Emissions Technology Demonstration Fund.
Senator Campbell said that climate change posed a considerable challenge to Australia and that to achieve substantial reductions in the long term we need to invest in developing the technologies that will enable those reductions.
“Developing an effective suite of low emissions technologies is a key focus of our $2 billion climate change strategy,” Senator Campbell said.
“All low emissions technologies need to be considered and, where appropriate, given opportunities to demonstrate their future capacity to reduce our greenhouse gas emissions.
“With our extensive solar resources and long history of Australian ingenuity, it is not surprising that solar technology has done well in Australia, and it is particularly exciting to see solar technologies preparing to make the leap from small to larger scale applications.
“Australia is an energy intensive economy and we have an abundance of coal, a cheap energy source that has underpinned the success of our economy for years. It is essential that we look at how we can best develop that resource in the most sustainable way.
“The technologies announced today will not only benefit Australia. Once they can demonstrate a commercial capacity they can be exported to other countries, including our major overseas partners in the Asia Pacific Partnership on Clean Development and Climate,” Senator Campbell said.
The two projects are:
Rob Broadfield 02 6277 7640 or 0409 493 902