AP

Australia and Singapore strike agreement to achieve net-zero

Oct 18, 2022, 12:47 AM | Updated: 12:54 am

Prime Minster of Singapore Lee Hsien Loong, left, and Australia's Prime Minster Anthony Albanese sh...

Prime Minster of Singapore Lee Hsien Loong, left, and Australia's Prime Minster Anthony Albanese shake hands during a press conference at Parliament House in Canberra, Australia, Tuesday, Oct. 18, 2022. Lee is on a 2-day visit to Canberra. (AP Photo/Hilary Wardaugh)

(AP Photo/Hilary Wardaugh)

CANBERRA, Australia (AP) — Australian and Singaporean leaders announced Tuesday what they described as a world-first agreement to cooperate in transitioning their economies to net-zero greenhouse gas emissions.

Singapore’s Prime Minister Lee Hsien Loong and Australia’s Prime Minister Anthony Albanese outlined their so-called Green Economy Agreement between the two countries after an annual meeting in the Australian Parliament House.

The agreement has 17 components that cover facilitating trade and investment in green services, harmonizing standards and building green growth sectors through collaboration between business.

Australia has committed to reducing its emissions to net-zero by 2050 and Singapore is considering adopting the same target.

Albanese described Singapore as “one of the most innovative economies in the world,” while Australia had the potential to become a “renewable energy superpower” due to its vast open spaces and relatively small population.

The agreement “will support clean energy innovation, unlock business opportunities and create jobs, and help deliver our mission’s targets while positioning Australia as a renewable energy superpower,” Albanese said.

Lee foreshadowed further cooperation in cross-border electricity trade and “sustainable aviation” through what he described as the “world’s first such agreement.”

“These are all areas which are of interest to Singapore and to Singapore businesses and we hope with a Singapore-Australia GEA they’ll be able to move forward,” Lee said.

“But we also hope with this GEA will encourage other countries to look at what we have been able to do and to ask whether some of this may not make sense to them to do with Singapore or to do with each other,” Lee added.

Singapore is already planning to use solar power from northern Australia transmitted by a 4,200-kilometer (2,600-mile) submarine cable.

Singaporean company Sun Cable plans to start construction in 2024 of the 30 billion Australian dollar ($19 billion) Australia-Asia PowerLink project that will include 12,000 hectares (30,000 acres) of solar panels near the northern Australian city of Darwin.

Albanese described the export of Australian solar power to Singapore as an “ultimate win-win.”

“If this project can be made to work — and I believe it can be — you will see the world’s largest solar farm, you will see the export of energy across distances … (and) the production of many jobs here in Australia, including manufacturing jobs,” Albanese said.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Most Americans are sleepy new Gallup poll finds...

Associated Press

Most Americans say they don’t get enough sleep, according to new Gallup poll

A new Gallup poll found that most Americans are sleepy — or, at least, they say they are. Multiple factors play into this.

1 day ago

Near-total abortion ban in Arizona dates back to Civil War era...

Associated Press

Near-total abortion ban dates back to 1864, during the Civil War, before Arizona was a state

The near-total abortion ban resurrected last week by the Arizona Supreme Court dates to 1864, when settlers were encroaching on tribal lands.

1 day ago

Tracy Toulou...

Associated Press

How to tackle crime in Indian Country? Empower tribal justice, ex-Justice Department official says

A recently retired director of the Justice Dept. says the federal government hasn't given tribal justice systems equal recognition.

2 days ago

Speaker of the House Mike Johnson...

Associated Press

House Speaker Mike Johnson says he will push for aid to Israel and Ukraine this week

House Speaker Mike Johnson said Sunday he will try to advance wartime aid for Israel this week, along with funding for Ukraine.

2 days ago

President Joe Biden speaks at a campaign rally Saturday, March 9, 2024, at Pullman Yards in Atlanta...

Associated Press

US shoots down ‘nearly all’ Iran-launched attack drones as Biden vows support for Israel’s defense

Joe Biden cut short a weekend stay at his beach house to meet with his national security team as Iran launched an attack against Israel.

4 days ago

Protesters in Phoenix shout as they join thousands marching around the Arizona state Capitol after ...

Associated Press

Abortion ruling supercharges Arizona to be an especially important swing state

A ruling this week instituting a near-total abortion ban supercharged Arizona's role, turning it into the most critical battleground.

4 days ago

Sponsored Articles

...

Condor Airlines

Condor Airlines can get you smoothly from Phoenix to Frankfurt on new A330-900neo airplane

Adventure Awaits! And there's no better way to experience the vacation of your dreams than traveling with Condor Airlines.

...

COLLINS COMFORT MASTERS

Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

Australia and Singapore strike agreement to achieve net-zero