Unlocking Carbon Capture and Storage Projects Under the Emissions Reduction Fund
Tuesday, 29 June 2021
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The Morrison Government has today released for public consultation a draft carbon capture and storage (CCS) method for the Emissions Reduction Fund (ERF).
Accelerating the commercial deployment and uptake of CCS will help to significantly reduce Australia’s emissions while protecting industries and jobs, and creating new ones.
CCS is one of five priority methods being developed in 2021 under the ERF and it is a priority area under the Government’s Technology Investment Roadmap.
Minister for Energy and Emissions Reduction Angus Taylor said the ERF was one of the world’s most rigorous carbon offset programs and accelerating new projects to unlock the emissions and economic benefits of carbon capture technology was a focus of the Morrison Government.