APPEA embraces carbon capture Federal funding
The Australian Petroleum Production & Exploration Association has welcomed the Federal Government’s move to allow carbon capture and storage (CCS) projects access to Clean Energy Finance Corporation (CEFC) financing.
APPEA Chief Executive Dr Malcolm Roberts said access to CEFC financing could help overcome some of the capital and financing obstacles facing some CCS projects.
“CCS is seen as one of the pathways to the continued use of fossil fuels in a low-carbon economy,” Dr...