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Australian government extends Woodside's gas project to 2070, but requires net-zero emissions by 2050.
The Australian government has approved Woodside's North West Shelf gas project to operate until 2070, but the project must meet net-zero emissions by 2050 under the safeguard mechanism, a policy that limits emissions at large industrial facilities.
Energy Minister Chris Bowen confirmed that Woodside must adhere to this requirement, despite recent approval of gas projects.
Australia aims to reduce emissions by 43% by 2030 and achieve net-zero by 2050, and remains on track despite a small increase in emissions last year.
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El gobierno australiano extiende el proyecto de gas de Woodside hasta 2070, pero requiere emisiones netas de cero para 2050.