Sean Strawbridge says US subsidies to clean energy won’t undermine decarbonisation efforts in Australia, but rather demonising gas as a transitional fuel.
| The chief executive of America’s biggest energy port insists Australia’s decarbonisation efforts will not be held back by big US government subsidies, but rather by the demonisation of gas as a transitional fuel.
But the subsidies have proved controversial over fears they will undermine the competitiveness of trading partners such as Australia and countries in Europe. “When Biden signed back on to the Paris Accord, that propelled the United States to the top when it came to its decarbonisation. But that decarbonisation didn’t come through additional regulations; that came through the proliferation of natural gas, which made it so cheap because of the innovations and extraction technologies that we could compete,” he said.Sean Strawbridge: “There is ...
“Politicians, all they really care about is getting re-elected, and having that sound bite on social media and pandering to their base. What we have to do is, we have to just stay the course on the consistency in the messaging of the value of gas because the alternative is not tenable.”with former energy tsar Kerry Schott saying the fuel was crucial to shifting generation from coal to renewable energy as part of the transition to net zero emissions.
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