The Victorian government has convened an industry working group to ensure Latrobe Valley cleaner coal projects can minimise the costs of carbon capture and storage by sharing the use of CO2 pipelines and injection infrastructure.
Victorian Premier John Brumby this morning announced a $110 million fund for large-scale carbon capture and storage demonstration projects, and a further $5.2 million to investigate potential carbon storage sites in the Gippsland basin.
The premier also committed $12.2 million for a new body – called Clean Coal Victoria – to identify future coal resources in under-explored areas.
The Victorian state government will, in the next 10 days, sign a Memorandum of Understanding with the Clinton Initiative that will focus on carbon capture and storage and low-emission and energy efficiency technologies, Victorian Premier John Brumby has just announced.