{"data":{"id":"sbm2e2ea9a6da333a61a841c","short_id":184,"created":"2024-05-21T00:33:18.554Z","space_id":"spc2d334047ad0d7e7aa8046","project_id":"prj2d3336e5a90d264a70605","org_id":"org25a4efd179c5b5ba55d6e","content":{"name_ba03fa":"","name-of-organisa_9974be":"Woodside Energy","upload-your-subm_09396f":"fil2f793e05300d9ce5e5472"},"is_topic":false,"title":null,"count_replies":0,"closed":false,"reply_to_id":null,"last_activity":null,"reactions":{},"_files":{"fil2f793e05300d9ce5e5472":{"id":"fil2f793e05300d9ce5e5472","bucket":"files-au-climate","remote_path":"cca/p/prj2d3336e5a90d264a70605/submission/spc2d334047ad0d7e7aa8046/Submission_184_Woodside_Energy.e7f63536.pdf","url":"https://storage.googleapis.com/files-au-climate/cca/p/prj2d3336e5a90d264a70605/submission/spc2d334047ad0d7e7aa8046/Submission_184_Woodside_Energy.e7f63536.pdf","filename":"Submission #184 - Woodside Energy.pdf","transcribed":"Please direct all responses/queries to:\n                                                                                             Woodside Energy Group Ltd\nPeter Metcalfe\nVice President Climate and Sustainability                                                    ACN 004 898 962\n\n                                                                                             Mia Yellagonga\n                                                                                             11 Mount Street\n                                                                                             Perth WA 6000\n21 May 2024                                                                                  Australia\n                                                                                             T: +61 8 9348 4000\nClimate Change Authority                                                                     www.woodside.com\nGPO Box 2013 Canberra ACT 2601\nBy email: consultation@climatechangeauthority.gov.au\n\n\n\nDear Review Team,\n\nRE: TARGETS, PATHWAYS AND PROGRESS ISSUES PAPER\n\nWoodside Energy Limited ('Woodside') welcomes the opportunity to comment on the Australian Climate\nChange Authority (CCA) Targets, Pathways and Progress Issues Paper ('the CCA Paper'). Woodside supports efforts to reduce global emissions in order to meet the goals of the Paris Agreement, and Australian climate and energy policy that is scientifically based, stable, effective, incentivises abatement and enhances international competitiveness.\n\nThe key recommendations of our submission, detailed in Attachment 1, are that:\n     •     Target setting should be in alignment with the Paris Agreement and underpinned by a whole of\n           economy approach to decarbonisation pathways which are technology neutral, economically efficient\n           and protect Australia’s international competitiveness.\n     •     The role of Australian resource exports in supporting c our trading partners’ respective policies to\n           achieve emissions reductions and energy security needs to be considered when determining domestic\n           targets and the strategies to meet those targets.\n     •     The Government has a critical role to play in supporting the investment required for the global transition\n           by providing policy support for decarbonisation (including CCS), fiscal stability, timely approvals, and\n           coordination between federal and state levels of government.\nOur view is that the energy transition should allow for the provision of energy that is secure, affordable, and reliable while meeting emissions reductions goals.\n\nAbout Woodside\n\n\nWe believe our business contributes to the energy transition in two ways:\n     •     Firstly, we are reducing the net equity Scope 1 and 2 greenhouse gas emissions that are associated\n           with our business operations. As a consequence, we have experience in the identification, evaluation\n           and implementation of abatement opportunities at our facilities, as well as the origination, acquisition\n           and integrity assessment of carbon credits for utilisation as offsets; and\n     •     Secondly, we are investing in products and services for the energy transition. In particular, our\n           Liquefied Natural Gas (LNG) can help countries, especially in Asia, to decarbonise by replacing coal,\n           supporting renewables, and maintaining energy security through the transition. Moreover, we are\n           investing in the development of new products and services, such as hydrogen (and hydrogen\n           derivatives such as ammonia) and carbon capture, utilisation and storage (CCUS), which can help us\n           and our customers reduce their emissions.\n\nWe believe that both of these priorities for our business give us a strong basis for providing input to the CCA, as it formulates its advice to the Australian Government. We also note the Government’s Future Gas Strategy makes it clear that gas is needed to 2050 and beyond, and that future investment is required for our energy system to be reliable and reach net zero. The Strategy also highlights the important role that Australian LNG plays for our key trading partners as part of their energy and decarbonisation plans.\n\fWoodside has provided input into the submissions of the Australian Industry Greenhouse Network (AIGN), the\nChamber of Minerals and Energy of Western Australia (CME) and the Australian Energy Producers (AEP). We request that CCA also consider these submissions in the formulation of their advice.\n\n\nWe would welcome the opportunity to meet with the CCA in the future to discuss this feedback in detail.\n\n\n\nYours sincerely\n  Peter Metcalfe\nPeter Metcalfe (May 21, 2024 08:27 GMT+8)\n\nPeter Metcalfe\nVice President – Climate and Sustainability\n\f\f\f\f\f\f\f\f","size":1803234,"redacted":[],"meta":{"name":"Submission_184_Woodside_Energy.e7f63536.pdf","local_path":"files/o5ntGprL8dvcwtleecKShwkS.pdf"},"config":{}}}}}