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CCS fund open for application

The federal government’s A$50-million Carbon Capture, Use and Storage Development Fund has officially been launched.

Carbon capture and storage (CCS) technologies are one of five priority areas for investment under the government’s Technology Investment Roadmap, said Minister for Energy and Emissions Reduction Angus Taylor, who added that carbon capture technologies would be critical to achieving net zero emissions from power generation, natural gas and hydrogen production as well as process emissions from heavy industries like cement and fertiliser production.