About $2.4bn to 'non-feasible' Carbon Emissions Storage Promised by PM
About $2.4bn to 'non-feasible' Carbon Emissions Storage Promised by PM

It has been reported that a recent US study has dismissed Australia's concern for dawdling climate change, the planned storage of power-station carbon dioxide emissions, as ``profoundly non-feasible''.

It is said that Carbon capture and storage (CCS) have been made the largest single direct venture in latest technologies to battle global warming, by the Rudd and Bligh governments. About $2.4 billion has been invested by the Rudd government on CCS projects and is putting $100 million a year into the Global CCS Institute it created in 2009.

The Bligh government is investing $102.5 million on the ZeroGen CCS project close to Rockhampton and other CCS projects.

According to Michael Economides, Professor of chemical and biomolecular engineering at Houston University, authorized figures revealed the Sleipner reservoir, which located is offshore Norway, instilled only a third of the CO2, which would be produced by one moderately sized power plant.

Last week, State Energy Minister, Stephen Robertson said that Queensland had taken a step ahead to set up a safe and sound, long-standing subversive storage of greenhouse gases, which are released from coal-fired power stations.

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