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.
Victoria has a precinct of high greenhouse gas emitters close to an ideal region for CO2 storage, but there are challenges in attempting to join them up, State Energy Minister Michael O'Brien said today in an update on the ambitious CarbonNet project.
Victoria can't wait for federal politicians to get their act together on climate policy and an imminent energy statement will map out how the state can diversify its energy sector, State Energy Minister Peter Batchelor said today.