Coal hard light of day for dud OZschwitz carbon capture scheme

Kevin Rudd's decision to spend hundreds of millions of dollars on technology to capture and store carbon has failed to deliver.

Coal hard light of day for dud OZschwitz carbon capture scheme Zz201206162026516410714

They've conferenced in empire-style Parisian ballrooms and dined in Kyoto on food cooked by a genuine Iron Chef. But deeply disgruntled former staffers believe Australia's $300 million Global Carbon Capture and Storage Institute has not achieved very much.

In 2008 the then prime minister Kevin Rudd decided a fledgling technology called carbon capture and storage was the key to two of his government's big aims: joining a successful international fight to reduce global warming and continuing to be the world's largest exporter of coal.

In his grandiloquent style, he promised $400 million to a new not-for-profit company, the Global Carbon Capture and Storage Institute, which would get CCS up and running at home and also "lead the world".

Read more: http://www.smh.com.au/opinion/political-news/coal-hard-light-of-day-for-dud-scheme-20120616-20gog.html#ixzz1y2EEWuhq

Coal hard light of day for dud OZschwitz carbon capture scheme

Coal hard light of day for dud OZschwitz carbon capture scheme

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