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I think Richie has lost track of elements of Santos' current CCS...

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Justadabble

8,443 Posts.

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19/09/21

08:36

Post #: 56180863
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Originally posted by Flambeau: ↑

Richie Merzian:
"..Here's what happens, the minister for emission reductions, Angus Taylor, quietly and secretly commissions an ex-gas executive to undertake a review of all climate policies, this ex-gas executive is called Grant King. He was also the chair of the business council that said that taking on a 45% emission reduction target would be economy breaking, without any evidence to do so, right? So, this ex-fossil fuel executive reviews our climate policies. Comes back and says "hey, carbon capture and storage is great, we need to gather more money, we need the Australian renewable energy agency, we need the clean energy finance corporation, we need carbon credits for CCS. Then minister Taylor says "yes, I will do all those things." right? and Then tries to change the mandate of ARENA, tries to change the mandate of the CFC, actually did change ARENA's mandate without being contested. Tried to change CFC, that failed, on the floor of parliament, but it wont be the end of it. Happening right now. So the ARENA changes were just to prove like, in the last couple of weeks, that CFC amendment failed because Barnaby Joyce tried to include coal along with a whole bunch of other stuff, and then nuclear.. the whole thing fell over, because the Government couldn't get its act together. But it will come back to the floor. And the third one is the minister commissioned his clean energy regulator to come up with the method to give carbon credits to CCS. The body that then looks at whether that methodology has integrity is called the emissions reduction assurance comity, Angus Taylor, minister Angus Taylor, changed the head of the ERAC, the emissions reduction assurance comity the one that gives the tick of approval to this methodology. From a professor at ANU, whose an expert on this area, to the heads CCS lobbyist, whose now looking at the methodology to approve a CCS method and then also puts on there someone from the CSIRO who handles oil and gas, and we will talk about the CSIRO and GISERA, and then also puts on another person who for the last 20years has been the mo the economist of choice for the fossil fuel industry, so basically stacks it. And who is the first one to put their hands up for the potential carbon credits? Is Santos. And they've said in past reports they want to use carbon credits to pay for CCS which they will use to enhance oil recovery. They will bury the CO2 only for the purposes of driving out oil which if you burn might cause an even bigger carbon footprint than what you buried under ground. And then that is just going to be pushed through. And then Santos might take those credits that it gets from CCS and then sell them to another oil company or sell them to someone else to "offset" their emissions, whilst also saying that their doing what's good and then now also potentially counted as Australia's efforts, the whole thing is just a giant 'you fill the blanks'.

***
Richie Merzian:
"Yeh, so the problem is, Zali Steggall is in the lower house, and in the lower house independents can't necessarily bring forward a bill to be debated as a private members bill on the floor unless it has the tick off of a committee that is stacked by the Government. And so even though the bill went to a committee and there were official hearings, we did a big submission and as did thousands of other people put submissions in, it won't go to the floor of the house of representatives for a vote because the Government said they won't do so, and modern liberals in other seats in and around where Zali's seat is in Sydney have refused to do that and have come up with a whole variety of excuses not to, maybe if that bill might find its way into the senate it could potentially be introduced in the Senate, that's what we'll find out soon enough, but it deserves to be voted on and politicians should vote with their conscience not with their political idea lines, because that's what the climate price requires."
source: https://www.youtube.com/watch?v=mfT-FBU-7cI

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I think Richie has lost track of elements of Santos' current CCS program. Moomba and Bayu-Undan are not linked to EOR but to gas. Moomba is self-explanatory. Bayu-Undan is depleted and given the high CO2 levels evident at Barossa, it appears that CCS (at Bayu-Undan) is the only way a production licence will be granted. I am not sure if EOR is part of their next wave of CCS applications noting that Bayu-Undan is not under NOPTA jurisdiction.

When Matt Kean recently stated NSW coal fired power stations could be closed by 2030, there isn't one person on the planet that would agree if closing the gas fired plants was also part of the strategy. Tomago are on the record as committing to that path as long as the safety net of Kurri Kurri is in place. Real emission reduction in the short term is only possible via abatement and CCS is the globally recognised solution.

I agree that the Zali bill is unlikely to have genuine cut-through but it may prompt a response from KP. As for the Senate, people seem to have forgotten the motion put forward by the Greens Whish-Wilson last December. Senator Bragg is one that has forgotten, but, his voting position is on the record in Hansard. This is exactly the point Richie makes, Falinski, Sharma, Zimmerman, Bragg, they verbalise as wanting to address climate change but when it comes time to raising their hand in Parliament, they vote with the fossil fuel cartel. Keep your eye on the 'Voices Of' movement. This is what the LNP are scared of, losing seats to independents in their heartland, their leadership nurseries like Wentworth, Warringah, Bennelong (Turnbull/Abbott/Howard) and Kooyong/Flinders (Peacock/Reith) which are hundreds to thousands of kms away from the proposed PEP11 rig. PEP11 has become a hostage but a hostage is always worth more alive.

I happened to see some coverage yesterday of election related signage being unveiled in some of the LNP seats in Queensland. Read into that what you like.

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