Intro -
The Resources, Energy & Industry Innovation Forum (REIIF) in Dubbo
The Highlights
* Tim's TED X Sydney
* Net-Zero Export Target Proposal: ANU’s Frank Jotzo and Annette Zou
* Heavy Equipment Decarbonisation: BHP signs MoU with China’s XCMG
* China's Cleantech Outbound Investment (OFDI):
-
- China building cleantech infrastructure abroad (e.g., 10GWh EV battery plant in France for Renault).
- $170B tracked in cleantech OFDI since 2023
The Lowlights
* For a 2nd time - The Albanese Government approved the North West Shelf expansion. The decision will put 4.4 billion tonnes of carbon into the atmosphere in the coming decades. That’s the equivalent of approving 12 new coal fired power stations
The Big Story this week
* Australian Wind Conference is coming up on the 17 & 18th July in Melbourne.
* Australia has commissioned just 14GW of wind in the last decade, China did 20GW of new wind in just the first four months of 2025.
* Much more needs to be done in the onshore wind sector in Australia if we're going to hit our 82% RE target by 2030.
What's coming up
* Climate Capital Forum – Federal Parliament – Late July
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