Addressing the climate crisis
There is no longer any doubt that the climate is changing or that this change is attributable to human activities, notably the burning of fossil fuels. According to the United Nations Intergovernmental Panel on Climate Change, human-related activities contribute six billion tonnes of carbon emissions annually, growing by half a per cent a year. The most optimistic estimates indicate that the concentration of CO2 in the atmosphere could double by 2100.
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Climate Change FAQ
There are many, many definitions of climate change. Our favourite comes from National Geographic. It states “Climate change is a long-term shift in global or regional climate patterns. Often climate change refers specifically to the rise in global temperatures from the mid-20th century to present.”
The current reality is that about 80 per cent of the energy presently generated to run our daily lives comes from fossil fuels. As a result, climate scientists are warning us about the urgent need to halt, then reduce the concentrations of atmospheric pollutants or greenhouse gases within a time frame of 10 – 50 years.
Industries such as transport, electricity, agriculture, manufacturing have traditionally relied on fossil fuels to power them.
These fuels tend to emit large amounts of CO2 into the atmosphere, advancing the greenhouse effect and contributing to climate change.
First and foremost, we must reduce our CO2 emissions. Second, we must find ways to decarbonise our economies, our industrial processes and our societies.
We believe green hydrogen is the missing piece in our decarbonisation puzzle.
When looking specifically at energy, for the world to transition towards net-zero emissions by 2050, multiple renewable technologies will need to be integrated to create a renewable energy supply chain.
Green hydrogen is produced without fossil fuels and can directly replace hard to decarbonise equipment and 24/7 vital public infrastructure.
In fulfilling this specialised role, green hydrogen could supply up to 25% of the world’s energy needs by 2050.
We acknowledge climate change issues and support the Commonwealth Government’s objective of limiting warming to less than two °C above pre-industrial levels.
We’re committed to enabling a net-zero, low-cost energy future. We will assist in the climate change battle by delivering 100% green power to the Australian grid. Our goal is to be the leading provider of reliable energy by developing scalable renewable energy assets.
In addition, our goal is to be the largest owner and developer of green hydrogen facilities in the Southern Hemisphere, reducing green hydrogen production costs and providing 100% green baseload power into the grid.
Waste biomass, solar and wind are approved renewable energy sources under the Renewable Electricity Act (2000) and generators using these resources are accredited to create large-scale generation certificates (LGCs).