Our collective goal under the Paris Agreement is a zero emissions future. But to get there we need to close a widening divide.
Low emission technologies are part of the energy mix that can help narrow the gap between the impact of climate change and the growing energy consumption created by both the emissions of industries and the way we live.
HOW LET AUSTRALIA CAME ABOUT
Until recently LET Australia was called COAL21. We changed our name because Low Emission Technology Australia much better reflects what we do, which is invest in technologies that significantly reduce carbon emissions.
THE STORY SO FAR
Since 2006 Australia’s black coal producers have committed $550 million to identify, research and develop technologies that can make a real difference to how we produce energy, steel and other materials so that the carbon dioxide can be captured and permanently stored, prevented, or reused in other applications.
As LET Australia, we will continue this important work.
TECHNOLOGY THAT’S TRANSFERABLE
Innovations that come from low emission technologies will have applications that are bigger than coal. Yes, the coal industry is a big carbon emitter and Australia currently relies on gas and coal to provide approximately 75% of its energy. That’s why Australia’s black coal producers invest in LETs.
The innovations of these technologies can be used across other emissions producing industries and in energy production. The technology doesn’t discriminate against where carbon comes from. It is just designed to deal with it so we can reach a zero carbon emissions future.
The challenge is complex. Addressing climate change as well as meeting the universal aim of clean, reliable, affordable and flexible energy. Energy transformation is not about one sector, one fuel, one process or type of technology. It is about collaboration between industry, government, science, research and development to achieve a zero emissions future.