Strike Energy commits to net-zero 2030
Sydney-listed Strike Energy on May 14 announced its commitment to net-zero scope 1 and 2 emissions by 2030 and its aspiration to become Australia’s first integrated energy company to deliver full-scope 3 offsets.
Through the proposed development of Project Haber, Strike is looking to reach net-zero across its scope 1 and 2 emissions by 2030. Success at its geothermal assets and expansion of downstream activities may enable Strike to deliver full-scope 3 offsets, it said.
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Strike announced the start of the pre-Feed on its Project Haber urea fertiliser facility in Geraldton, Western Australia last month. The facility will use gas from Strike’s Greater Erregulla development in the Perth basin as its feedstock.
“Project Haber is the enabler for Strike to make the ambitious target of achieving net-zero scope 1 and 2 emissions by 2030. This commitment epitomises the broader value proposition of Strike’s downstream integrated strategy,” CEO Stuart Nicholls said.
Nicholls added that should the company achieve success through its mid-west geothermal project, it would possess sufficient offsets to meet its aspirations to be Australia's first net-zero energy company across all its scope 1, 2 and 3 emissions.