Bill to help resources sector achieve net zero

New Wilkie

The Western Australian Government will draft a new Bill which aims to provide the state’s mining and natural gas industries with decarbonisation opportunities.

Mines and Petroleum Minister Bill Johnston has approved drafting the Bill that will provide Western Australia’s resources sector with further investment and regulatory certainty as it transitions to a low-carbon future.

The Greenhouse Gas Storage and Transport Bill will focus on methods including mineral carbonation and carbon capture, utilisation and storage.

According to a statement from the Department of Mines, Industry Regulation and Safety (DMIRS), the State Government is committed to mitigating climate change and working with all sectors of the WA economy to achieve net zero emissions by 2050.

“The Bill follows the McGowan Government’s WA Climate Policy and the Greenhouse Gas Emissions Policy for Major Projects,” DMIRS stated.

“There will be broad consultation with the resources industry and WA community on any proposed legislative amendments before the Bill is finalised.

“The Australian Petroleum Production and Exploration Association and Chamber of Minerals and Energy of WA are already supportive of this reform.”

Mines and Petroleum Minister Bill Johnston said the Bill will provide resources projects with further long-term certainty while protecting and creating more jobs in the sector.

“The Bill is one of a number of options the McGowan Government is exploring to deal with climate change and we are working hard to ensure the proposed technologies are safe and secure,” he said.

“Decarbonising WA’s resources sector and developing a legislative framework to support these goals is essential to the growth and economic diversification of our State.”

Australian Petroleum Production and Exploration Association WA director Claire Wilkinson said the legislative amendments will allow carbon capture, utilisation and storage solutions to be deployed in Western Australia, a key technology to decarbonise the resources industry and the broader WA economy.

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