The clean energy industry has accused nuclear energy proponents of threatening the nation’s fragile hold on vital economic reform with “mistruths and outright disinformation”.
“The Australian public are being confused and misled,” Clean Energy Council chief executive Kane Thornton told the industry’s annual summit in Sydney on Tuesday.
“We need to remember the vast majority want wind and solar and hydro to be central to our energy future,” he told business leaders and investors.
He accused “bad faith actors” of preying on anxious communities who feared uncertainty after an energy crisis and amid ongoing cost-of-living pressures, which could be alleviated by cheaper renewable power.
“Vested interests are stepping up to tell their story and peppering it with mistruths and outright disinformation,” Mr Thornton said.
Nuclear power was the “battering ram of bad faith actors” despite it being more expensive and two decades away at best, he said.
Australia has doubled its amount of renewable energy in the past five years and must again by 2030, as coal-fired power plants are phased out and new electrified industries grow.
Coalition energy spokesman Keith Pitt, who says nuclear is the “only option” to achieve net zero emissions and keep the lights on, is due to address the summit on Wednesday.
Dismissing the nuclear debate as a “distraction”, Assistant Minister for Climate Change and Energy Jenny McAllister said it would leave “a pretty big gap” if the coalition pressed pause on renewables now to install nuclear power in the 2040s.
Announcing the fast-tracking of a certification scheme for new exports, Senator McAllister said it would become increasingly important for businesses to be able to account for their products’ emissions intensity to retain access to major markets.
“The guarantee of origin scheme will give Australian companies a competitive advantage by providing government-backed certification of the carbon intensity of key green products,” she said.
A crucial component of the $22.7 billion Future Made in Australia program, the scheme begins with renewable hydrogen in 2025 before expanding to sustainable aviation fuel, green steel and aluminium, and biomethane and biogas.
As the climate-accounting backbone of new green industries, it is designed to allow producers, exporters and users prove where a product was made and the emissions associated with its production and transport.
Digital certificates, backed by proof of renewable energy use, will be used to establish eligibility for tax credits under the $6.7 billion Hydrogen Production Tax Credit announced in the May budget, and trigger the development of other new industries.
As almost all of Australia’s trading partners have net-zero commitments, official proof of emissions could avoid costly tariffs or trade bans on hydrogen or ammonia production that relies on coal or gas-fired electricity rather than renewable energy.
“Guarantee of origin is a key to new market opportunities for Australian energy exporters in the race to net-zero,” Senator McAllister said.
The first Australia-India renewable energy dialogue was held alongside the Australian Clean Energy Summit, with India aiming for 50 per cent renewable energy by 2030.
Despite being big coal and gas exporters and users, the two countries say they share a net zero commitment.
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