Australia unveils plans to keep burning gas beyond 2050

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Australia unveils plans to keep burning gas beyond 2050
Natural GasFossil FuelNet Zero Emissions
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SYDNEY, May 9 — Australia unveiled plans today to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero...

Australia unveiled plans today to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years. — Reuters picSYDNEY, May 9 — Australia unveiled plans today to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

“Gas plays a crucial role in supporting our economy,” King said, arguing it would stabilise the country’s electricity grid as renewables were ramped up. “It is consistent with the long position that we have held, my government is committed to a net-zero future,” he said.Australia will also continue to ship gas overseas under the plan. Such shipments currently account for about 14 per cent of the country’s export earnings.

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