New strategies are needed to reward chemical plants and cement works for reducing their emissions, because the ERF facilities method has proven ineffective, according to a review of the method.
Carbon capture and storage is 'out of the race' for power plants, but for some other sectors it could be useful, according to energy economist and climate policy expert Frank Jotzo.
The cost of capturing carbon has dropped by at least two thirds, and storage hubs can play an important role in sequestering it from multiple industrial sources, says Brad Page of the Global CCS Institute.
New documents tabled in the WA Parliament show that the board of the state's EPA last year decided Chevron should ultimately be required to sequester 100% of reservoir CO2 from its Gorgon LNG project, but later backed down.
New data from Chevron shows it risks falling millions of tonnes short of a mandatory requirement to abate greenhouse gas emissions from its Gorgon LNG project.
The Morrison government says a new Bill allowing it to regulate a CO2 injection site that is partly in Victorian waters will help to develop Australia's hydrogen industry.
LNG company Inpex has told the Productivity Commission it's not cost effective to sequester its emissions unless there's a carbon price of $100 in place, while Adani has called for more restrictions on public access to documents.