Australia to set up carbon capture institute

subscribe

Australia will set up a [A]$100 million ($80 million) carbon capture research institute aimed at fighting climate shift and with ambitions of becoming the world hub for the technology, the government said.

Prime Minister Kevin Rudd said he would seek international backing for the institute at an address to the United Nations General Assembly in New York, as current global efforts to clean up coal-fired energy emissions were haphazard.

"A lot of good work is going on out there, but it's not very coordinated," Rudd told reporters and energy industry executives.

"What we are trying to do is bring it together, not just to make Australia the go-to place for this critical technology for the future, but also to make a real difference," he said.

Australia is the world's top coal exporter and 16th-biggest carbon polluter, producing about 1.5 percent of global emissions. But the country is the fourth-largest emitter per person, relying heavily upon coal-fired electricity for energy.

The institute, Rudd said, would be tasked with helping reach a goal set in Japan by the G8 group of rich nations recently of having 20 industrial-scale carbon-sequestering coal-fired power plants running by 2020.

So-called geo-sequestration of carbon, in which carbon dioxide is liquefied and pumped into underground rock layers for long-term storage, could account for 20 percent of global mitigation efforts by 2050, he said.

Environment watchdog Greenpeace said the centre-left government was focusing on the "false hope" of carbon capture and storage to protect the coal industry, while shunning proven renewable technologies like wind, solar and geothermal energy.

"Clean, sustainable solutions to climate change already exist," Greenpeace climate and energy campaigner Simon Roz said.

Related News

usda-grants-4-37-billion-for-rural-energy-upgrades

USDA Grants $4.37 Billion for Rural Energy Upgrades

NEW YORK - The U.S. Department of Agriculture (USDA) has announced a major investment of $4.37 billion aimed at upgrading rural electric cooperatives across the nation. This funding will focus on advancing renewable energy projects, enhancing battery energy storage systems (BESS), and upgrading transmission infrastructure.

The USDA’s Rural Development initiative will provide loans and grants to cooperatives, supporting efforts to transition to cleaner energy sources, improve energy resilience, and modernize electrical grids in rural areas. These upgrades are expected to bolster the reliability and efficiency of energy systems, making rural communities more resilient to extreme weather events and fostering the…

READ MORE
louisiana power grid destroyed

Louisiana power grid needs 'complete rebuild' after Hurricane Laura, restoration to take weeks

READ MORE

company-becomes-uk-second-largest-electricity-operator

Company Becomes UK's Second-Largest Electricity Operator

READ MORE

coal chute mountains

USA: 3 Ways Fossil Energy Ensures U.S. Energy Security

READ MORE

winnipeg with electricity

Electrifying Manitoba: How hydro power 'absolutely revolutionized' the province

READ MORE