Rapid R&D scaling could put Australia at forefront of net zero

Federal Minister for Industry and Science, the Hon. Ed Husic.

Federal Minister for Industry and Science, the Hon. Ed Husic delivered a virtual address in which he said that good climate, energy and circular economy policy coupled with investment in Australian know-how and manufacturing would help to deliver national economic prosperity and well-being .

“That’s why the work being demonstrated at this week’s conference is so important. Putting our economy on a shared path to net zero will create new jobs, enable supply chain resilience, and help retain the value of materials in the economy.”

“It’s a great opportunity to create manufacturing systems that are optimised, to be less resource intensive, produce less waste, and have less impact on the environment. The Albanese Government will help this come to fruition through our future Made in Australia policy, and the $15 billion National Reconstruction Fund.”

The skills needed for a decarbonized and circular economy have also been a large focus of the Net Zero Initiative. Worley, a leading global provider of professional project and asset services in the energy, chemicals and resources sectors, announced today it would be funding two PhD scholarships at the University, supporting students researching climate change risk in the John Grill Institute for Project Leadership.

“Worley’s purpose is delivering a more sustainable world and we are committed to supporting Australia and the world deliver decarbonisation at pace and scale and to create clean economies of the future,” said Chris Ashton, Chief Executive Officer of Worley.

“We recognize solving the sustainability challenges facing the world requires new and different partnerships and coalitions to catalyse breakthrough thinking and approaches. We are pleased to support two PhD students as they research the global challenge of climate change risk.”

Initiative forwards key areas of decarbonisation

The Net Zero Initiative will advance research and development in four key areas – climate change risk, zero emission electricity, zero emission fuels and products and carbon capture and removal – and brings together over 100 of the world’s foremost researchers in engineering, science, urban planning , policy, carbon accounting, behavioral science and renewables.

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