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Federal plan: CO2 dumps and nuclear power to dominate future Australia carbon credit market

Posted by gmarkets on 10 October, 2007

The project by South Australian company Santos to capture and safely store carbon dioxide deep underground as the Cooper Basin oil and gas reservoirs reached the end of their useful life had the potential to store up to 20 million tonnes of carbon dioxide per annum and up to one billion tones over its lifetime, South Australia’s Senator Simon Birmingham said in the Commonwealth Senate on 20 September 2007.

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Posted in CO2 Dumps, Coal, Emissions, Emissions Trading, Federal, Geothermal, Green Markets 1002, Nuclear, Policy, Solar, Wind | Leave a Comment »