A leading carbon offsets business that plans to capture CO2 directly from air has chosen an Australian solar-powered technology for a pilot project near the Santos Moomba gas plant.
The NSW government is planning to strengthen assessment requirements for CCS projects, waste-to-energy projects, groundwater treatment activities, and large storage batteries.
The former head of the Yallourn coal-fired power station and mine has left EnergyAustralia to lead a pilot project that will capture CO2 directly from air.
As well as giving shareholders an annual vote on its energy transition progress, Shell will allocate US$100 million annually to nature-based carbon offsets, and has set an ambitious CCS target.
There are one or two potential Australian CCS developments where the technology roadmap cost target might be met, and the goal for cheap energy storage could be achieved by 2028, say industry experts.