Butler reaction is simplistic and short sighted: World Carbon Capture Authority
Melbourne Monday 20 February: The Opposition Energy spokesman, Mark Butler’s, reaction to the possibility of lifting a ban on allowing the Clean Energy Finance Corporation (CEFC) to invest in carbon capture and storage (CSS) is simplistic and short-sighted, says the world CCS authority.
Global CCS Institute CEO, Brad Page, says Butler’s claim that a change in policy to allow the Clean Energy Finance Corporation (CEFC) to invest in CCS would be an “outrageous act of vandalism” showed a lack of appreciation for the full range of clean technologies that can deliver energy security and reach crucial climate change targets.
“It is alarming to see a parliamentarian with energy responsibilities say he will try and restrict the deployment of new technologies which can deliver an affordable and secure energy supply.
It’s even more surprising when it comes from a representative whose State is regularly plunged into darkness.”
Mr Page says renewables are supported by the Institute but solar, wind and battery power cannot alone sustain the energy sector.
“Fossil fuel generation equipped with CCS complements other intermittent sources of low carbon generation by providing controllable output and network stability.
This technology is proven, safe and operating commercially at 16 major facilities around the world, with more coming online all the time.
Mr Page, who has spent much of his career in energy market reform, says the Institute would welcome the opportunity to brief the Opposition Leader on CCS.
If Australia is really serious about keeping the lights on and delivering its climate change commitments, it needs to bring all clean technologies to bear. The full arsenal of clean technologies is needed and CCS is a vital part of that armoury.
“The ability to retrofit CCS to coal and gas fired generation also keeps people in jobs and communities in existence. CCS is literally the only answer to addressing emissions from industrial plants – plastics, chemicals, cement, fertilisers. We would love to know how Mr Butler proposes to address emissions in the industrial sector?”
Mr Page said parliamentarians must stop blocking CCS from competing with renewables resources and give it the policy incentives to deliver its full capability.”
Both the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) say Paris 2 degree targets cannot be met without carbon capture and storage.
For media enquiries, contact:
Antonios Papaspiropoulos, +61 401 944 478, Antonios.Papaspiropoulos@globalccsinstitute.com
Jake Lynn, +202 895 2793, Jake.Lynn@globalccsinstitute.com
About the Global CCS Institute The Global CCS Institute is an international membership organisation. Our mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security.
Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this vital technology can play its part in reducing greenhouse gas emissions.
Our diverse international membership consists of governments, global corporations, small companies, research bodies and nongovernment organisations, committed to CCS as an integral part of a low-carbon future. We are headquartered in Melbourne, Australia with regional offices in Washington DC, Brussels, Beijing and Tokyo. For more information, visit www.globalccsinstitute.com