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Presented on Thursday 23 May: Session 27 This paper highlights the need for Australia to enhance its climate change policies, arguing that the introduction of Contracts for Difference (CfD) policy mechanisms is an appropriate successor to Hydrogen Headstart and would support the development of hydrogen and carbon capture, utilisation and storage (CCUS) industries. CfDs are financial agreements designed to provide price certainty, support investment, and bridge the cost gap between new and established technologies. With explanation of different CfD structures and examples from other countries the paper argues that implementing CfDs could attract investors, provide confidence to the sector, and ultimately help Australia meet its climate change obligations. To access the Oral Presentation click the link on the right. To read the full paper click here
Thomas M. Koller (Fri,) studied this question.