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APPEA hails CCS move

THE upstream industry has hailed the Commonwealth “righting a wrong” by allowing the Clean Energy Finance Corporation to invest in carbon capture and storage technologies to reduce emissions, which could help gas play an increased role in the energy mix going forward.

 Western Australia's Department of Mines and Petroleum's CCS project.

Western Australia's Department of Mines and Petroleum's CCS project.

Yesterday the Turnbull government said it would remove a legislative prohibition to allow the green bank to invest in CCS technologies that can reduce emissions by up to 90%, as a demonstration of its...

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