<
https://www.theguardian.com/environment/article/2024/may/22/australia-60bn-carbon-capture-ccs-windfall-claim-aep>
"As far as bonanzas go, a claim this week that Australia could pull in almost
$600bn by storing carbon dioxide from other countries is one that puts even the
Aukus nuclear submarine deal in the shade.
The oil and gas industry lobby group Australian Energy Producers made the
claim, reported in the Australian, pointing to a study carried out by global
energy analysts Wood Mackenzie.
AEP’s chief executive, Samantha McCulloch, said Australia could become “a
decarbonisation powerhouse” if governments smoothed the way with favourable
policies and more cash handouts to the industry.
But the analysis the statements were based on, and reported uncritically,
relied on some heroic assumptions about the size and scale of a future carbon
capture and storage (CCS) industry that should come with heavy doses of
scepticism."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
