MANAGING our EMISSIONS
Beach has set an equity emissions reduction target – to reduce our scope 1 and 2 emissions intensity by 35% by 2030. As an equity emissions target, this accounts for emissions from operations according to our share of equity in the operation. This recognises emissions reduction progress across both operated and non-operated assets.
Beach is a participant in one of Australia’s biggest emissions reduction projects, the Moomba Carbon Capture and Storage (CCS) project, as a joint venture partner with operator Santos.
Moomba CCS
MOOMBA CARBON CAPTURE AND STORAGE PROJECT
Beach has a 33% ownership interest in the Moomba CCS Project, operated by our joint venture partner Santos. Constructed adjacent to the Moomba Gas Plant in the Cooper Basin, the project is one of the world’s largest CCS projects.
The Cooper and Eromanga basins in South Australia and Queensland have the potential for injection of over 20 million tonnes of CO2 per year for more than 50 years.
