So under government new modelling net zero emissions by 2050 coal output will dropped by %51 but gas will increase %13.
to be compliant with green energy policy they have to use carbon capture storage technology
to cut emissions in oil and gas industry.
saying that beach energy should benefit from increased gas export and carbon capture storage project in joint venture with Santos from medium to long term.
at the same time the lending capital will be tight
and the cost will increase for fossil fuels industry.
to be honest very expensive and complex transition.
So under government new modelling net zero emissions by 2050...
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