Resources company New Hope Group has told a Senate inquiry the Clean Energy Finance Corporation should help finance a Queensland project that would capture up to one million tonnes of CO2 a year and boost oil production.
State governments are continuing to push ahead in developing clean hydrogen technologies, with a major new project in Victoria by Kawasaki Heavy Industries, and the announcement of a new 'green hydrogen' facility for South Australia.
A proposed economic policy for the region that hosts Victoria's brown coal-fired power plants has pinned its hopes partly on a coal-to-chemicals future, and an independent study suggests the barriers might not be insurmountable.