Project to help reduce greenhouse gas emissions
05 June 2012
A collaborative agreement between the Australian and New South Wales Governments and industry has paved the way for an assessment of potential geological storage opportunities for greenhouse gases in New South Wales.
The agreement, between Geoscience Australia, the New South Wales Minister for Resources and Energy, the Hon Chris Hartcher MP, and the Australian Coal Association, has been made as part of the National Low Emissions Coal Initiative (NLECI), which is aimed at accelerating the development and deployment of technologies to reduce emissions from coal use.
The jointly funded $54.3 million program will assess the potential for geological storage of CO2 to help industry make decisions about the most suitable methods and locations for CO2 storage.
As the nation’s repository for geological knowledge and capability, Geoscience Australia will provide technical expertise and oversight for the program, which is expected to produce significant additional knowledge about geological basins in New South Wales and provide pre-competitive data for a national assessment of the geological CO2 storage potential.
Further details are available in the media release from Minister for Resources and Energy, Martin Ferguson AM MP.
Topic contact: firstname.lastname@example.org Last updated: June 14, 2012