Industry joins forces to drive investment in carbon capture and storage in Australia

CO2CRC

For release on 4 March 2020

Industry joins forces to drive investment in carbon capture and storage (CCS) in Australia

CO2CRC is today bringing together leading Australian energy and resources companies and advisory bodies at Australian Parliament House, Canberra.

The inaugural CO2CRC CCS Policy Forum will be convened to develop a consensus industry view on a practical CCS policy framework that will stimulate CCS project investment and development in Australia.

CO2CRC Chairman, Martin Ferguson AM, said that CO2CRC was pleased to begin this important initiative, leveraging industry leadership to help address the policy barriers and gaps that are holding back bigger investment in CCS.

"CCS is a proven technology and CO2CRC has a long and proud history of collaborating with industry to develop and deliver better and more cost-effective technologies for CCS.

"What we need to do is develop the right policy settings

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