Skip to content
Industrial Relations, Oil Mining Resources

Net Zero Economy Authority Bill passes the Senate

Mining and Energy Union < 1 mins read

MEU members in power stations and energy regions across Australia are celebrating the passage of the Net Zero Economy Authority Bill through the Senate today.

MEU General President Tony Maher said that until now, co-ordinated federal support for coal-power workers and communities has been the missing piece when it comes to climate and energy policy. 

“Workers in energy regions are breathing a sigh of relief today because Australia is setting out on a path to do energy transition well. 

“The Government has listened and taken action to make sure that workers and communities reliant on emissions-intensive industries will be supported to diversify their economies and put workforce transition plans in place.

“The benefits of the Net Zero Economy Authority will flow through our regional communities in terms of jobs, economic activity, and positive social outcomes for generations."

The Authority will have the important twin goals of supporting workers displaced by power station closures into new jobs and co-ordinating investment to drive economic diversification in energy regions.  

It will administer workforce plans for power stations facing closure, with the ability to create pooling arrangements with local employers to transfer displaced workers into new jobs.  

The legislation puts obligations on the closing entities to provide certainty and support to employees during the closure process.  

The design of the Net Zero Authority was based on extensive consultation with workers, unions, and community representatives in energy regions.

The Union will contribute to the Authority’s work in the years ahead.

The Bill will return to the House of Representatives in September.


Contact details:

Monique Blasiak (0430 515 162)

More from this category

  • Business Company News, Oil Mining Resources
  • 19/09/2024
  • 09:48
Jane Morgan Management

Victory Metals’ Drilling at North Stanmore Indicates Further Heavy Rare Earth Potential

Perth, Australia – 19 September 2024 | Victory Metals Limited (ASX: VTM) (“Victory Metals” or “the Company”) is pleased to provide an update on the aircore (AC) drilling program taking place at its 100%-owned North Stanmore Heavy Rare Earth and Critical Defence Metal Project in Western Australia. The drilling program has confirmed the potential for further resource expansion, with initial portable x-ray fluorescence (P-XRF) analyses indicating heavy rare earth element (HREE) mineralisation beyond the current Mineral Resource Estimate (MRE) area at the site. Highlights: Drilling Progress: Victory Metals has completed over 2,239 metres of AC drilling as part of its…

  • Contains:
  • Business Company News, Oil Mining Resources
  • 18/09/2024
  • 11:13
Jane Morgan Management

Titan Minerals Secures Strategic Partnership with Hancock Prospecting’s Hanrine, Paving the Way for Linderos Project Expansion

Sydney, Australia – 18 September 2024 | Titan Minerals Limited (ASX: TTM) is pleased to announce the signing of a landmark binding agreement with Hanrine Ecuadorian Exploration and Mining S.A., a wholly owned subsidiary of Hancock Prospecting Pty Ltd. This transformative deal positions Titan Minerals to significantly expand its Linderos Project in Southern Ecuador. The agreement enables Titan Minerals to earn up to a 75% interest in the prospective Linderos Copper-Gold Project through an earn-in and joint venture structure. With this strategic partnership, Titan gains access to both the exploration expertise and resources of one of Australia's most reputable mining…

  • Contains:
  • Business Company News, Oil Mining Resources
  • 17/09/2024
  • 12:42
Jane Morgan Management

Summit Minerals Reports Highest Grade Niobium Assays To Date at Newly Acquired Mining Lease at Equador Project in Northeast Brazil

Perth, Australia – 17 September 2024 | Summit Minerals Ltd (ASX: SUM) ("Summit" or "the Company") is pleased to announce the completion of a bulk sampling program at its 100%-owned Equador Niobium, Tantalum, and Rare Earth Elements (REE) Project, located in the Borborema Pegmatitic Province in northeast Brazil. This newly acquired lease has returned the highest grade niobium assays to date, confirming the project’s significant potential for further resource expansion. Highlights: Highest Grade Niobium Assays To Date: New rock chip sample results from the Equador North mining lease include: 64.61% Nb2O5, 10.56% Ta2O5 and 2,830 ppm PREO (SUMSS081) 62.42% Nb2O5,…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.