$1 Billion Clean Coal Fund Welcomed
Source: Australia. Minister for Environment and Water Resources. Media Release
"The Minister for the Environment and Water Resources, Malcolm Turnbull, welcomed the expansion of the COAL21 Fund to support research, development and demonstration of clean coal technologies. The Australian Coal Association announced it would increase its $300 million five-year COAL21 Fund to an estimated $1 billion over the next decade. The COAL21 Fund aims to raise the funds through a voluntary production levy on coal producers."