Government discussion paper reinforces technology as central to emissions reduction

The release of the government’s Discussion Paper: King Review Safeguard Crediting Mechanism reinforces the advocacy by Australia’s minerals industry for technology development and deployment as central to emissions reduction for the sector, Australia and the world.

Australian mining is a leader in technology development and adoption, especially to support lower emissions. The sector’s track record in deploying world’s best leading edge technologies has underpinned greater productivity, safety and capacity expansion while reducing emissions.

The MCA’s Climate Action Plan Progress Report released in June shows that the mining industry is already playing its part in developing and deploying critical technologies to reduce emissions.

This includes investments in renewable energy, electric haul truck development, battery storage technologies, carbon capture use and storage (CCUS) partnerships, while exploring the potential for small modular nuclear reactors.

The MCA will engage with the government on this important policy development process.