How many jobs would this create?
Reducing and offsetting emissions from existing LNG projects would create around 4,000 jobs, mostly located in regional areas.
Jobs would be created in undertaking work on LNG facilities as well as offset industries such as carbon farming and renewable energy installation.
This job creation opportunity could be realised at no cost to government, with LNG profits easily accommodating the cost of decarbonisation as demonstrated by Woodside’s $80/t internal
The transition to hydrogen production would create even more jobs, and there is the potential for this industry to scale up significantly as the demand for polluting fossil LNG declines.