There’s a lot happening in the Climate Opportunities space with WesCEF recently joining the Australian Hydrogen Council, which is made up of 60 members across Australia who operate in the hydrogen supply chain.
WesCEF’s General Manager Climate Opportunities, Mussaret Nagree notes that being part of the Australian Hydrogen Council is an important opportunity for WesCEF, as we develop our pathway to net zero emissions by 2050.
“The Council has a number of exciting initiatives already underway, including looking at hydrogen as an alternative fuel for transport and its potential as an alternative to LNG for energy use,” she said.
“It’s really important for us to have a seat at the table and collaborate with similar industry partners to develop viable solutions to the climate change challenges we all face. By working together, we can come up with better solutions that will benefit everyone.”
$2 million funding boost for ETI
In other news, the Australian Industry Energy Transition Initiative (ETI) is another initiative where WesCEF has a seat at the table. The ETI recently received $2 million to fund research and innovation initiatives enabling the transition to net-zero emissions and pilot emissions reductions projects across different supply chains.
The ETI brings together 16 key industry and finance companies across critical ‘hard-to-abate’ sectors known for their high emissions and relatively higher abatement costs.
“While, as a business, we’ve got a really good track record in energy emissions reduction, we know that achieving our target will need to be a collaborative effort across industry,” Muss said.
“One of the problems we currently face, is that there are very few solutions available to industries like ours and the ones that do exist are far too costly to implement.
“Having this type of investment and collaboration gives us confidence that solutions will be found and that we will be able to achieve our emissions target.” To learn more about them, visit the Hydrogen Council website or the ETI website