Treasurer Jim Chalmers doesn’t rule out pulling gas trigger to force more supply into domestic market; NSW Premier wants targeted fix for labour shortages rather than mass immigration increase. Follow updates here.
Cairns
The challenge is finding the right place to do it, says one of the nation’s leading experts in the field, Deakin University’s Peter Macreadie.The Australian Financial Review “These are the ecosystems that can put carbon back in the ground for thousands and thousands of years,” he said, noting that coastal zones are where fossil fuels originate.
Australia is believed to hold about 12 per cent of the world’s blue carbon ecosystems and more than 200 years of coastal development have created potential restorable mangrove region the size of Portugal, according to Professor Macreadie.
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