Australia spends on carbon capture and storage

2013-08-02 10:32 by Anja Reitz

The cash is being dished out under the Clean Energy Future package which is also responsible for Australia’s carbon pricing mechanism.

The Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC) is carrying out major trials of CCS technology at a pilot plant in the state of Victoria. It believes Australia has huge potential for storing carbon in underground reservoirs (areas with potential in blue, pictured).

Today the research group said it has signed an agreement on the funding for a research programme out to 2020.

Source: Energy Live News, posted on 02 August 2013 by Vicky Ellis


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