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Energy and Climate Change
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The NSW mining industry accepts that climate change is a challenge that must be addressed. The mining industry recognises that anthropogenic carbon dioxide is a contributor to the climate change challenge, and that coal fired power generation is a source of this carbon dioxide.
The mining industry has long accepted its role in responding to climate change. In 2003, the industry established the COAL21 Fund, which is a $1 billion fund over 10 years to support research, development and demonstration of low emission coal technologies to combat climate change. The NSW mining industry has actively supported and implemented measures to reduce its emissions.
NSWMC strongly believes that Australia’s response to the challenge of climate change requires a suite of policy measures that balance the need to ensure energy security, ongoing economic growth and international competitiveness and actual reduction in global emissions. This includes:
- A carbon pricing mechanism that reduces greenhouse gas emissions without adversely impacting on Australia's international trade sector
- Investment and incentives for accelerated research, development and demonstration of all low emission technologies including low and zero emission coal technologies and renewable technologies
- Comprehensive demand management policies
- Adaptation policies to enable Australian society to adjust to the changes from climate change
- Systematic and coordinated programs that secure energy efficiency savings across the economy from households to major businesses and industries.
Relevant Document
Minerals Sector Statement of Principles on Climate Change Policy, December 2010
External Links
New Gen Coal
Internal Link
Mining in NSW- Climate Change Action
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