Climate Emergency: Is carbon neutrality an economic reality? | 7.30

The Federal Government is pledging more than half a billion dollars for new energy projects in an attempt to create jobs and cut Australia's carbon emissions. The money will go towards so-called 'clean hydrogen' projects and investing in carbon capture and storage technology for existing coal-fired power plants.

In part 3 of our climate change series, Andy Park reports it is still far from the ambitious action that many are calling for and which business leaders say offers Australia a massive economic opportunity.

For Part 1, click here:    • Climate Emergency: Australia on the f...  
For Part 2, click here:    • Climate Emergency: How disasters coul...  
For Part 4, click here:    • Climate emergency: Mounting global pr...  

For more from ABC News, click here: https://ab.co/2kd3ALi
You can watch more ABC News content ad-free on iview: https://ab.co/39iq2Xt

Subscribe to ABC News In-depth:    / abcnewsindepth  
For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE
You can also like us on Facebook:   / abcnews.au  
Or follow us on Instagram:   / abcnews_au  
Or even on Twitter:   / abcnews