International Energy Agency Highlights Urgent Need for Low Emission Technologies

Low Emission Technology Australia (LETA) says the International Energy Agency’s World Energy Outlook 2025 confirms that to meet its climate targets while keeping heavy industry competitive, Australia will need a full suite of low-emissions technologies including carbon capture, utilisation and storage (CCUS) and ventilation-air methane (VAM) abatement. 

LETA Chief Executive Mark McCallum said the IEA’s findings align with Australia’s industrial reality and highlights the urgent need for a national CCUS strategy to streamline the development of this vital technology.  

“The IEA is clear that CCUS is part of any credible pathway for sectors like cement, steel and chemicals. It also highlights the need to cut methane quickly, including from coal mining,” said Mr McCallum.

“Australia now needs a national CCUS strategy to coordinate governments, unlock storage locations and build shared CO₂ networks so projects can move from concept to construction, particularly on Australia’s east coast.”  

Analysis by EY-Parthenon shows the scale of the opportunity from CCUS deployment across Australia’s industrial regions, including the potential to create 15,000 jobs and attract $66 billion in new investment.  

“Without a concerted effort from the federal government, Australia will be left behind when it comes to developing technologies like CCUS”, said Mr McCallum. “Other G20 countries are backing this technology with billions of dollars in government investment as well as clear policy frameworks for the development of carbon capture ‘hubs’ and CO2 storage locations.” 

LETA is also progressing practical work to cut methane emissions from coal mining, noting the IEA’s emphasis on rapid, low-cost abatement opportunities. 

“Reducing scope one emissions is an important part of the coal mining industry’s pathway to net zero, but these processes are complex and require sustained support to deploy at scale”, said Mr McCallum.  

“LETA has called on the federal and state governments to support the development of technologies like ventilation air methane abatement to help miners achieve deep emissions cuts.”  

Mr McCallum said delivering both CCUS and methane abatement will require coordinated policy, targeted investment and clear pathways for industry participation. 

“A national CCUS strategy will allow governments and industry to focus effort, reduce duplication and accelerate the projects needed to keep Australia’s heavy industries competitive in a decarbonising world,” he said. 

ENDS