Page added on March 16, 2006
The Australian black coal industry will commit $300 million over the next five years to advance technologies to cut greenhouse emissions.
The package, expected to be announced today, will involve the electricity generation industry demonstrating the effectiveness of a range of cutting edge technologies.
The technologies include the permanent underground storage of carbon, and oxy-fuel combustion, a means of reducing the cost of capturing carbon dioxide at conventional power stations.
..Australia is heavily reliant on coal for electricity generation and export, and has vast reserves which are predicted to be sufficient for the country’s energy needs for hundreds of years.
But burning coal is a huge source of greenhouse gas which is blamed for producing the prospect of catastrophic climate change.
About 35 per cent of Australia’s greenhouse gas emissions come from burning black and brown coal.
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