Enabling the New Green Economy

COP28 has been big news globally, as representatives from more than 197 countries convened in the UAE to consider global action to address climate change and the transition to enable a clean energy future. A key commitment of the summit was a new specific target to triple renewables and double energy efficiency by 2030.

As the world grapples with this challenge, our role at Tellus is to partner with people devising new ways to sustainably power our societies. Even renewable and clean energy technologies produce hazardous waste, whether it’s solar, wind, waste to energy, critical minerals and batteries, or nuclear power. But at Sandy Ridge in Western Australia, we have developed a solution that permanently addresses this problem, backed by world-class geology, leading scientific methods, and with the social licence to operate in our community.

Fresh from sharing our story about Sandy Ridge at the recent International Atomic Energy Agency (IAEA) conference on hazardous waste management in Vienna, Austria, Tellus was invited to the Middle East last week to meet with senior government officials tasked with delivering an ambitious clean energy transition agenda in the Kingdom of Saudi Arabia, including King Abdullah City for Atomic and Renewable Energy K●A●CARE

Saudi Arabia’s Vision 2030 commits the Saudi government to building a Circular Carbon Economy and increasing the diversity of KSA’s energy mix so that 50 per cent of energy will come from renewable resources by 2030. That commitment includes building infrastructure safely to dispose of hazardous waste produced by renewable energy technologies, including low level radioactive waste.

Tellus CEO Nate Smith said, “We’re excited that the quality, innovation, and speed of our first-in-Australia projects are gaining international attention. We appreciated the opportunity to share our experience and learn more about how other countries are seeking to address what is a global environmental challenge.”

We are thankful for the support of the Australian Saudi Business Forum in enabling our visit Sam Jamsheedi and a shout out to Cynthia Dearin GAICD too!

Pictured above: Tellus CEO Nate Smith, Stephen Hosking and Nicholas Williams with members of the Royal Commission for Jubail and Yanbu, and Daniel Jamsheedi from ASBF.

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Christopher Chan
Christopher Chan