Report reveals carbon capture costs could be reduced
Source: Victoria. The Premier
"A new Brumby Government-funded study has found ways to significantly reduce the cost of adapting carbon capture technology for Victorian power stations, Energy and Resources Minister Peter Batchelor announced today. “The Brumby Government is taking action to help power stations reduce greenhouse gas emissions and move to a low-carbon future,” Mr Batchelor said.“Carbon Capture and Storage (CCS) technology is recognised across the world as a way of potentially making deep cuts to greenhouse gas emissions. “This study, completed by the Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC), provides new insight into how Victorian power stations can substantially reduce the cost of implementing technology to capture carbon in preparation for storage deep underground. "